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

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

Quick Read IREN‘s (IREN) $9.7 billion Microsoft deal validates its AI pivot and drove a 30% stock surge. Analyst upgrades, ...

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

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

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 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, ...

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

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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’s latest $9.7 billion deal shows why specialized data centers are becoming critical partners in the race to build ...