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 ...

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

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

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

The monumental Microsoft deal coincides with a stunning financial turnaround for IREN's first quarter of fiscal 2026. The company reported a dramatic swing from a prior-year loss of $51.7 million to a ...

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

The deal is indicative of how miners’ once-volatile hardware fleets are increasingly viewed as strategic compute assets, ...

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

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That decision changed everything. Shares of IREN, which was originally named Iris Energy, have risen more than 500% this year ...