All articles tagged with #cloud capacity
Microsoft has signed a $9.7 billion five-year deal with IREN to purchase AI cloud capacity, including Nvidia accelerator systems, which is expected to generate $1.94 billion annually for IREN and expand Microsoft's AI infrastructure capabilities.
CoreWeave's stock (CRWV) rose following a $6.3 billion cloud capacity deal with Nvidia, highlighting a significant expansion in cloud infrastructure collaboration.
Tech giants are investing billions of dollars into expanding their cloud capacity as part of their push into artificial intelligence (AI). Companies like Amazon, Microsoft, and Google are ramping up their infrastructure to meet the growing demand for AI-powered services and applications. This investment in cloud capacity will enable these tech giants to provide faster and more efficient AI solutions to their customers.