IREN Business Update

AI Cloud Services continuing to scale 1.4GW data center project energization now April 2026 SYDNEY, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today provided a business update. AI Operations Scaling with Strong Profit Contribution IREN's AI Cloud Services division is expected to be generating approximately $32 million in annualized hardware profit by the end of December 2024, contributing approximately 10% to the company's overall earnings.1 ...