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

AWS showed strong AI performance growth in Q3 2025. Amazon plans to double AWS capacity by 2027, citing power as a key ...

To fulfill the contract, IREN will purchase $5.8 billion in GPUs and related equipment from Dell Technologies. Microsoft Corp. has just moved to secure more artificial-intelligence computing capacity ...

Microsoft continues its AI infrastructure outsourcing strategy, signing a $9.7 billion, five-year deal with IREN for NVIDIA ...

The growing number of data centers in Iowa and across the country speaks to spiking demands for artificial intelligence, ...

Alphabet, Meta and Microsoft divide the market over whether they can translate huge capital expenditure into income ...

NVIDIA revealed something remarkable in its latest SEC filing: just two unnamed customers account for 39% of the company’s revenue. Customer A (likely Microsoft) accounts for 23% of everything NVIDIA ...