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, ...

IREN (NasdaqGS:IREN) just inked a $9.7 billion, multi-year cloud services deal with Microsoft, drawing fresh attention from investors. This agreement places IREN at the center of hyperscale AI cloud ...

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 ...

IREN has signed a multi-year deal with Microsoft to use its cloud-based graphics processing services.

IREN has signed a multi-year deal with Microsoft to use its cloud-based graphics processing services.

Microsoft Corp. has signed a roughly $9.7 billion deal to buy artificial intelligence computing capacity from IREN Ltd., ...

Bitcoin mining operation IREN (NASDAQ:IREN) has pivoted hard into artificial intelligence (AI) cloud services, and its latest ...

Discover IREN Limited's record Q1 2026 results and $9.7B Microsoft AI cloud deal, fueling $1.9B ARR. Learn about future growth.

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, ...

IREN Limited's $9.7B Microsoft deal and Sweetwater hub expansion could boost AI cloud growth and GPU capacity. Click for my ...