The five-year deal, valued at roughly $9.7 billion, includes a 20% prepayment and marks a significant step in IREN’s expansion into large-scale artificial intelligence (AI) infrastructure. The company ...

Canaccord raises price target to $70 after $9.7B Microsoft GPU contract. Revenue jumps 355% as bitcoin miner pivots to AI ...

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

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

Microsoft is a rising star in the cloud computing world.

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

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

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

Microsoft MSFT shares have gained 17.9% year to date, outperforming the S&P 500, driven primarily by robust demand for its ...

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