IREN Increases AI Cloud Services to 10% of Profit Page 1

Purchase of 1,080 additional NVIDIA H200 GPUs

SYDNEY, Sept. 16, 2024 (GLOBE NEWSWIRE) — Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”) today announced the purchase of 1,080 next-generation NVIDIA H200 GPUs to support its growing AI Cloud Services business.

“We are seeing strong demand for next-generation GPUs. Ongoing discussions with NVIDIA and participation in their Cloud Partner Program give us greater confidence in deploying this new capability,” said Daniel Roberts, co-founder and co-CEO of IREN.