08:42 AM EDT, 07/03/2025 (MT Newswires) -- Iren ( IREN ) said Thursday it has purchased 2,400 Nvidia ( NVDA ) Blackwell B200 and B300 graphics processing units, or GPUs, for about $130 million, including fit-out costs in a deal to expand its AI cloud services.

The new GPUs will be installed at the company's Prince George campus in British Columbia over the coming months. The facility has 50 megawatts of dedicated power and can ultimately host more than 20,000 Blackwell GPUs, the company said.