Iris Energy Reports Monthly Investor Update; Targets Next-Gen Compute And Generative AI With NVIDIA H100 GPUs
Portfolio Pulse from Benzinga Newsdesk
Iris Energy has released its monthly investor update, revealing plans to target next-generation computing and generative AI with NVIDIA's H100 GPUs. The company did not provide further details on the implementation or expected impact on its operations.
September 06, 2023 | 11:24 am
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NVIDIA's H100 GPUs will be used by Iris Energy for next-gen computing and generative AI. The impact on NVIDIA's operations or revenues is not clear yet.
While the news indicates a potential increase in demand for NVIDIA's H100 GPUs, the lack of details about the scale of implementation or expected impact on Iris Energy's operations makes it difficult to predict the potential impact on NVIDIA's stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50