Summary by Moomoo AI
Iris Energy Limited, also known as IREN, a NASDAQ-listed company specializing in next-generation data center operations for Bitcoin, AI, and beyond, announced on April 8, 2024, an expansion of its AI cloud services agreement with Poolside AI SAS. The original 3-month contract for AI cloud services has been upsized from 248 to 504 NVIDIA H100 GPUs following a successful initial deployment. The agreement now includes an additional 4-month term starting mid-April 2024, with an option for Poolside AI SAS to extend for another 2 months. The expansion signifies the outperformance and reliability of IREN's technology stack and its commitment to customer support, as acknowledged by Eiso Kant, CTO and Co-Founder of Poolside AI SAS. Daniel Roberts, Co-Founder and Co-CEO of Iris Energy, highlighted the partnership as a testament to the quality of IREN's AI Cloud Services business and its renewable energy-powered data centers. IREN operates with a focus on sustainability, utilizing 100% renewable energy for its services, including Bitcoin mining and AI cloud services.