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 ...

Microsoft recently announced a multi-year US$9.7 billion agreement with IREN Limited to access Nvidia GB300 GPUs through phased deployments at IREN's Texas data center campus, supported by a related ...

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, ...

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

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 ...

IREN stock soared on Monday after announcing a nearly $10 billion deal with Microsoft to provide access to Nvidia chips.