Iris Energy operates renewable energy-powered data centers for Bitcoin mining and AI workloads, headquartered in Sydney with 100 employees. The company went public on November 17, 2021, with facilities in Canada and Texas.
IREN has been in the news recently: IREN Limited shares experienced an increase after receiving favorable analyst coverage from Arete Research, indicating growing investor interest. Meanwhile, Cipher Mining Inc. made significant advancements in AI-driven data centers through a $3 billion colocation deal with Fluidstack, which was backed by Alphabet Inc.
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