IREN Invests $130M in NVIDIA Blackwell GPUs for AI Cloud Expansion


IREN Invests $130M in NVIDIA Blackwell GPUs for AI Cloud Expansion

📅 - IREN has announced a $130 million investment to acquire 2,400 units of NVIDIA's next-generation Blackwell B200 and B300 GPUs, marking a significant move to scale its AI cloud capabilities. The company confirmed the purchase will be funded entirely through existing cash reserves, as it evaluates various long-term financing options to support broader expansion of its AI Cloud Services.

With a focus on high-density computing services, IREN Limited (previously Iris Energy) is an Australian company that operates next-generation data centers that are fully powered by renewable energy. With four large facilities - three in British Columbia (Canal Flats, Mackenzie, and Prince George) and one in [...][... Check source for end of article ...]
Tags: AI

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