Iris Energy, a Nasdaq-listed company, has acquired 248 Nvidia H100 GPUs for $10 million, aiming to expand into generative AI alongside Bitcoin mining. The GPUs, set for delivery in the coming months, will bolster cloud computing capabilities. Iris utilizes renewable energy for its modular data centers, strategically positioned for Bitcoin mining.
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI and Bitcoin mining
