The deal makes Microsoft IREN’s largest customer, with $1.94 billion in annualized revenue expected over the next five years.

Sam Altman said that shares of OpenAI were in demand, and that the company was making a "bet" and "taking a risk along with that." ...

The problem is more urgent now, in an era of rapidly rising costs for utility customers and proposals for the building of ...

Microsoft has entered into an approximately $9.7 billion cloud services contract with artificial intelligence cloud service ...

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Two stocks deliver tangible infrastructure rather than vaporware: a power-rich builder that just landed a $9.7 billion ...

On Monday, OpenAI announced it has signed a seven-year, $38 billion deal to buy cloud services from Amazon Web Services to power products like ChatGPT and Sora. It’s the company’s first big computing ...

But there’s no fighting AI FOMO, and so any bubble-y parts of the industry have no sign of slowing down just yet — but Fath said he’s watching for if or when OpenAI slows down for any reason, and the ...

Microsoft released Windows 11 25H2 at the end of last month, and with the new feature update, the company has made a ...

Bitcoin miner IREN signs a $9.7 billion AI cloud contract with Microsoft, further solidifying its expansion into high-performance GPU infrastructure.

China already has two large underwater data centers. The first, off the coast of Hainan, launched in 2022 and is now in full commercial use. A second, $226 million project off Shanghai recently went ...

Microsoft's announcement Monday was part of its planned $15.2 billion investment in technology in the UAE, which it says has some of the highest per-capita usage of AI.