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IREN Limited (IREN) Appoints John Gross as Chief Innovation Officer
IREN Limited (IREN) Appoints John Gross as Chief Innovation Officer
Talha Qureshi
Mon, February 23, 2026 at 2:08 AM GMT+9 2 min read
In this article:
IREN
-7.65%
IREN Limited (NASDAQ:IREN) is one of the Most Promising Stocks to Invest In Before They Take Off. On February 17, IREN Limited (NASDAQ:IREN) announced the appointment of John Gross as Chief Innovation Officer, which is a newly established role in the company. The Chief Innovation Officer will oversee engineering standards, thermal architecture, and commissioning for the company’s upcoming data centers as it transitions into high-performance computing.
Management highlighted that Gross brings more than 20 years of experience in data center design, specializing in high-density racks and liquid cooling. He also serves as the Vice Chair of committees within ASHRAE, which sets global standards for these advanced cooling technologies. Gross has already been helping in vetting the company’s existing data center portfolio.
Management further noted that as AI workloads are exploding, the heat output increases, therefore efficient cooling becomes a competitive edge. The new role is expected to help the company scale efficiently amid booming demand from hyperscalers.
IREN Limited (IREN) Appoints John Gross as Chief Innovation Officer
Iren Limited (NASDAQ:IREN) operates data centers powered by renewable energy, specializing in high-performance computing for artificial intelligence (AI) cloud services and Bitcoin mining. The company recently shifted focus to AI infrastructure, securing major deals, including a $9.7 billion partnership with Microsoft.
While we acknowledge the potential of IREN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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