Microsoft secures $9.7B AI cloud deal with IREN, boosting Nvidia chip access
TL;DR Summary
Microsoft has signed a $9.7 billion, five-year cloud services contract with IREN to access Nvidia chips, aiming to boost its AI capabilities amid growing demand, while also expanding its partnership with OpenAI and investing heavily in cloud infrastructure.
- Microsoft enters approximately $9.7B contract with IREN that gives it access to Nvidia chips Yahoo Finance
- Iren Surges On $9.7 Billion AI Cloud Services Contract With Microsoft Investor's Business Daily
- Microsoft signs $9.7 billion contract with IREN for Nvidia chips Reuters
- Microsoft Signs $9.7 Billion AI Cloud Deal With Australia’s IREN Bloomberg
- Iren Stock Soars. It Might Be the Solution to Microsoft’s Capacity Problem. Barron's
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