Iris Energy stories
The miner-to-cloud shift gained momentum as IREN boosted contracted AI revenue and set out a wider 5GW expansion with NVIDIA.
IREN recently reported financial results, citing a surge in Bitcoin mining revenues and tripling its AI cloud services.
Prominent AI firm Poolside forms a significant partnership with renewable energy data centre provider Iris Energy to receive GPU cloud services, bolstering Iris Energy's burgeoning growth in this sector.
The five-year contract should lift IREN's annualised revenue by about USD $1.94 billion once the Childress build-out is fully commissioned.
