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0.0033444816053511 0.00501672240802665 -0.0016722408026757 0.00501672240802665 0.00668896321070235 0.0167224080267558 0.0434782608695652 0.0384615384615384
Stock impact report

Poolside upsizes and extends AI Cloud Services contract

Iris Energy Limited (IREN) 
Company Research Source: GlobeNewswire
SYDNEY, Australia, April 08, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. Key Highlights Previously announced 3-month AI cloud services agreement with leading AI company, poolsideAgreement is now upsized from 248 to 504 NVIDIA H100 GPUs following successful initial deploymentAdditional 4-month term commencing mid-April 2024, and extension option for a further 2 months at the customer’s election IREN has upsized and extended its AI cloud services agreement with poolside, more than doubling the contracted cluster size from 248 to 504 NVIDIA H100 GPUs. The contract is for an additional 4-month term commencing mid-April, 2024, with an extension option for a further 2 months at the customer’s election. Eiso Kant, CTO and Co-Founder of poolside, com Show less Read more
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