Feels like we’re still early in the compute cycle.
Supply isn’t easy, real-world constraints are everywhere.
And every step forward in AI just seems to create more demand for compute.
And suddenly you're 26-27, sitting alone in your room. parent are old, your siblings are married and busy with their own families and there's no one you can talk to and no one check on you
What is it called loneliness or freedom
It's heavy
AI is driving unprecedented demand for compute.
The ability to rapidly design and construct data centers at scale is the critical bottleneck.
$IREN ’s 1,000+ site team at Childress is meeting that challenge head on, and momentum is building for our AI Cloud deployment for @Microsoft.
Construction is well advanced across Horizon 1 and 2 data halls and supercluster infrastructure, with internal electrical and mechanical works progressing to plan and generator and UPS load banking in progress. Horizons 3 and 4 are also on schedule, with civil works and grading well underway.
Execution is the differentiator.
$IREN is pleased to announce the signing of a $9.7bn AI Cloud contract with @Microsoft
Key details of the transaction:
- $9.7bn AI Cloud contract value
- 5-year average term
- 20% prepayment
- 200MW (IT load) data centers
- NVIDIA GB300 GPU deployments
Refer to the press release and accompanying presentation below for further information
Press Release: https://t.co/3pG9N2HfkF
Presentation: https://t.co/uyysnL9ffS