Iris Energy has bought 248 Nvidia GPUs valued at $10 million to explore generative AI computing alongside its core Bitcoin mining operations.
Nasdaq-listed Iris Energy has bought 248 state of the art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative AI in addition to its core business focus onThe firm expects to receive delivery of the 248 GPUs in the coming months and plans to deploy the hardware to serve opportunities in cloud computing.
Iris Energy co-founder and co-CEO Daniel Roberts said the company was looking to leverage its existing data centers into serving generative AI computing requirements. “We believe demand for sustainable computing is unlikely to go away, and feel we are uniquely positioned to capture ongoing growth in the broader industry; whether that be ASICs for Bitcoin mining, or GPUs for generative AI and beyond.”
Iris Energy operates in regions that have an abundance of renewable energy including wind, solar, hydro and has set up its modular data centers nearby to the source of low-cost excess renewable energy to be monetized for Bitcoin.According to the Iris Energy website, it has four major data center mining facilities, including Canal Flats, Mackenzie and Prince George in Canada’s British Columbia as well as its Childress site in Texas.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Nvidia Stock Looks to Break Above Fibonacci ResistanceStocks Analysis by Chris Kimble covering: NVIDIA Corporation, NVIDIA Corp, GOLDMAN SACHS INTERNATIONAL Zt 271.02 USD NVIDIA Corp 13Sep19, BNP PARIBAS ARBITRAGE ISSUANCE BV Put NVIDIA CORP 31Dec99. Read Chris Kimble's latest article on Investing.com
Consulte Mais informação »
China’s dominance a key factor in renewable energy subsidy warsOne of the primary catalysts for the prevalent global emergence of subsidies within the renewable energy sector stems from the dominance of China, research firm BMI Research operational risk analyst Keaton Fitzpatrick has said. Speaking at a webinar hosted by BMI Research – a Fitch Solutions company – titled ‘Subsidy Wars and The Energy Transition, The Race To Develop Low Carbon Energy Manufacturing’ on August 24, he said China had unequivocally established its preeminence across the global energy supply chain, encompassing vital components of renewable energy, as well as the critical mineral provisions and corresponding market domains.
Consulte Mais informação »
![Barry & Iris Prove Their Love Is Still Strong In The Flash Season 9 Deleted Scene [EXCLUSIVE]](https://i.headtopics.com/images/2023/8/28/screenrant/barry-iris-prove-their-love-is-still-strong-in-the-barry-iris-prove-their-love-is-still-strong-in-the-CA09ED14D94BF5D492DF49822AA5E9E7.webp?w=640)
Barry & Iris Prove Their Love Is Still Strong In The Flash Season 9 Deleted Scene [EXCLUSIVE]The Flash ended the Arrowverse.
Consulte Mais informação »
This Company Is Nvidia’s AI Chip Partner—and Its Stock Is SoaringSK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been viewed as an industry pioneer.
Consulte Mais informação »
Nvidia Stock Hasn’t Been This Cheap Since January, Before It Rallied 250%If you liked the chip maker in January, you should like it now. The stock hasn't had such a low forward price/earnings ratio since the price was a lot lower.
Consulte Mais informação »
Here are Tuesday's biggest analyst calls: Nvidia, Amazon, Oracle, AT&T, Disney, Microsoft & moreHere are Tuesday's biggest calls on Wall Street.
Consulte Mais informação »