IREN Signs $9.7bn AI Cloud Deal with Microsoft

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Source: GlobeNewswire
IREN Signs $9.7bn AI Cloud Deal with Microsoft
Photo: GlobeNewswire
TL;DR Summary

IREN has signed a $9.7 billion multi-year GPU cloud services contract with Microsoft, involving the deployment of NVIDIA GB300 GPUs at IREN's Texas data centers, supported by a partnership with Dell Technologies, marking a significant expansion of IREN's AI cloud services.

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