Microsoft Signs $9.7 Billion Cloud Deal With IREN
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IREN will acquire GPUs and related equipment through a purchase agreement with Dell valued at approximately $5.8bn.
AI infrastructure providers are partnering with tech giants and cloud leaders as AI projects secure the power and hardware they need.
IREN Limited stock surged after a $9.7B, 5-year Microsoft deal. Click for why analysts are bullish and how AI demand could boost IREN stock further.
Microsoft has secured a $9.7 billion cloud services agreement with Australian AI infrastructure provider IREN, gaining access to Nvidia chips to meet
Data centre owner and operator IREN said on Monday it has signed a nearly US$9.7 billion cloud services contract with Microsoft to provide the tech giant with access to Nvidia’s GB300 processors over a five-year period.