17/09/2023
Crypto.news - Iris Energy invests $10 million in 248 Nvidia (NASDAQ:NVDA) H100 GPUs to expand into generative AI alongside its existing focus on Bitcoin (BTC) mining.
The company expects the 248 GPUs to be delivered in the coming months and aims to utilize them in cloud computing opportunities.
Daniel Roberts, co-founder and co-CEO of Iris Energy, stated that the company aims to use its existing data centers to meet the burgeoning demand for generative AI computing.