Lincoln Tan, head of corporate finance and investor relations at Iris Energy Limited (NASDAQ:IREN), speaks with Proactive about the company’s acquisition of 248 of NVIDIA’s most recent artificial intelligence (AI) H100 GPUs for over US$10 million.
The initial purchase, according to him, is anticipated to be delivered in the coming months and will enable the business to more fully evaluate whether its next-generation data centers are suitable for serving related computing markets, such as generative AI, as well as to show capability to potential clients. As its next-generation data centers will now focus on the generative AI industry, Tan claims that while Bitcoin mining is still the company’s primary activity, generative AI represents an extra prospect.
