March 7, 2026

Iris Energy to purchase 50,000 Nvidia Blackwell B300 GPUs

Iris Energy to purchase 50,000 Nvidia Blackwell B300 GPUs

Iris Energy ($IREN) has announced a purchase agreement to acquire 50,000 Nvidia Blackwell B300 GPUs, which will increase its total GPU inventory by 50%. This move aligns with Iris Energy’s strategy to repurpose its mining data centers for AI cloud services, capitalizing on renewable power. The Blackwell architecture from Nvidia enhances AI training and inference capabilities for large-scale models, positioning Iris Energy to diversify its infrastructure into the growing AI sector.

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