Microsoft prepays 20% (~$2B) on a 5-year contract. In exchange, IREN will buy $5.8B of Dell systems, adding 200 MW at ...

IREN Limited (NASDAQ: IREN), a Bitcoin (BTC) mining and AI cloud company, signed a $9.7 billion GPU cloud services contract ...

The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from ...

Microsoft’s $9.7B AI deal ignites the crypto market as RENDER and TAO climb, while DeepSnitch AI’s presale surges 42%, making ...

Bottom line: This is the kind of contract that moves IREN from “story” to “underwritten capacity.” On our framework, the ...

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

Artificial intelligence cloud startup Lambda said on Monday it has entered into a multi-billion-dollar agreement with ...

The rapid advancement of AI technology has created unprecedented demand for computing power,” Amazon said in a statement Monday. It said OpenAI “will immediately start util ...