UBS said global capital spending on artificial intelligence will surge to more than half a trillion dollars in 2026, underpinned by “robust fundamentals” and accelerating demand for computing power.

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

Shares of artificial intelligence (AI) "neocloud" Iren Limited ( IREN 6.84%) rallied 29.4% in October, according to data from ...

IREN Limited’s ($IREN) shares plunged nearly 7% on Friday after the Australian data center company reported uneven quarterly ...

Following this decrease, analysts cautioned that if the company closes the trading day lower, it will represent the longest decrease for Microsoft since a nine-day fall that ended in November 2011.

IREN reported a significant increase in net income and total revenue for the fiscal first quarter, driven by expansion into ...

Microsoft launches the MAI Superintelligence Teams to develop “humanist superintelligence” for medical diagnosis.

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 posted $384.6 million profit and secured a $9.7 billion Microsoft AI cloud contract while targeting $3.4 billion in ...

Bitcoin miners are increasingly pivoting to AI infrastructure, exemplified by IREN’s $9.7 billion deal with Microsoft, while ...

Demand for AI-optimized servers is contributing to Dell's stellar growth rate -- second-quarter revenue was up 19% year over ...