The deal makes Microsoft IREN’s largest customer, with $1.94 billion in annualized revenue expected over the next five years.
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, ...
After a generation of record growth, Seattle's tech employers have not only pulled back on hiring but shifted billions into ...
Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its ...
Cloud-native AI is transforming how enterprises build, deploy, and scale intelligent workloads. Discover how Kubernetes drives innovation and resilience.
Despite the risk of a bubble, Google, Meta, Microsoft and Amazon plan to spend billions more on artificial intelligence than ...
Big tech reports record profits while cutting jobs, revealing how the AI boom is reshaping growth into a capital-heavy, labor ...
Big Tech keeps pouring billions into AI infrastructure as Google, Meta, and Microsoft boost spending despite talk of an AI ...
Corporate executives are more afraid of missing out on tomorrow's AI capabilities than they that AI won't deliver ROI ...
Companies with stronger cash flow can afford to invest more aggressively in AI infrastructure because they can tolerate lower ...
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