Microsoft has struck a $9.7 billion deal with data-center operator IREN that includes access to Nvidia's advanced chips, ...

The deal will give Microsoft access to compute infrastructure built with Nvidia's GB300 GPUs, which will be deployed over ...

Recently, Microsoft signed a deal with Nscale to provide about 200,000 Nvidia AI processors in Europe and also committed ...

IREN should feel "pretty good" about the Microsoft deal — the five-year GPU cloud services contract carries a total contract value of approximately $9.7 billion, including a 20% prepayment. In fact, ...

Microsoft strikes a $9.7 billion deal with IREN to expand AI cloud capacity using renewable-powered data centers in Texas.

Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN ...

The deal is indicative of how miners’ once-volatile hardware fleets are increasingly viewed as strategic compute assets, ...

The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from ...

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That decision changed everything. Shares of IREN, which was originally named Iris Energy, have risen more than 500% this year ...

Microsoft, the tech giant, has recently made a significant stride in its AI infrastructure expansion by signing a $9.7 ...

The deal makes Microsoft IREN’s largest customer, with $1.94 billion in annualized revenue expected over the next five years.