IREN to expand processing capacity by 50%, prepares at-the-market offering

IREN (IREN), a data center operator focused on AI cloud infrastructure, said it agreed to buy more than 50,000 specialized processing chips from Nvidia (NVDA), expanding its capacity by about 50%.T...

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IREN to expand processing capacity by 50%, prepares at-the-market offering

Source: cryptonews.net

IREN (IREN), a data center operator focused on AI cloud infrastructure, said it agreed to buy more than 50,000 specialized processing chips from Nvidia (NVDA), expanding its capacity by about 50%.The B300 GPUs, or graphic processing units, will take the ...