The deal is valued at roughly $9.7 billion over five years and, the company said, will give Microsoft access to NVIDIA (NASDAQ:NVDA) GB300 GPUs via IREN's cloud infrastructure. Warning! GuruFocus has ...

Analysts raise targets to $350 as orders hit $500B. Amazon secures GPUs for OpenAI in $38B deal. UAE export approved.

Asian shares are trading mixed after overseas markets got a big lift from optimism over AI technology. Shares rose in Hong Kong on Tuesday, while slipping in Tokyo, Sydney and Seoul. On Wall ...

Microsoft has signed a monumental five-year, $9.7 billion deal with Australian data center operator IREN to secure much-needed compute power for its Azure AI services. The agreement marks a ...

The S&P 500 rose 0.2% and pulled closer to its all-time high set last week, even though the majority of stocks in the index ...

IREN Ltd. soared to a new all-time high anew on Monday after securing $15.5 billion worth of new deals with technology giants ...

IREN deal gives Redmond a mountain of Nvidia GPUs Software King of the World, Microsoft has decided that the best way to stay ...

By the end of 2024, Microsoft will have already spent $7.3 billion in the UAE, including a $1.5 billion equity stake in G42 and over $4.6 billion on AI and cloud data centers. A further $7.9 billion ...

Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN ...

Jim Cramer reverses on IREN & Nebius, saying 'massive demand' for AI makes past doubts and his CoreWeave preference 'not ...