Iris Energy Buys $10M Worth of Nvidia GPUs for AI Projects
Iris Energy, a clean energy Bitcoin mining firm, has invested $10 million in Nvidia graphics processing units (GPUs) to power its generative AI projects.
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This significant purchase aims to bolster the company's capabilities in machine learning and data analysis.
Nvidia, a leading name in the GPU market, has been increasingly focusing on AI and machine learning applications, making this collaboration a strategic fit for both parties.
The investment underscores the growing importance of AI in various sectors, including clean energy and blockchain.
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