IREN ($IREN) has switched on power at its Sweetwater 1 data center in Texas, bringing a 1.4-gigawatt site online and accelerating the miner-turned-infrastructure provider’s push into AI-focused compute. The milestone matters because large, grid-connected capacity is increasingly the key bottleneck for scaling ‘AI cloud’ services, and IREN is positioning itself to compete on speed-to-power and speed-to-deployment.
The company said it successfully energized the Sweetwater 1 facility on May 1, connecting a high-voltage substation to the Electric Reliability Council of Texas (ERCOT) grid. The… Read more
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