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

Microsoft said Monday it will be shipping Nvidia's most advanced artificial intelligence chips to the United Arab Emirates as ...

Warren Buffett's Berkshire Hathaway has been stacking up cash, selling stocks such as Apple, and holding off on buybacks ...

Microsoft will invest $7.9bn in the UAE between 2026 and the end of 2029. Some $5.5bn of this sum will be used for the "on-going and planned expansion" of Microsoft's AI and cloud infrastructure. The ...

OpenAI and Amazon have signed a $38 billion deal to run OpenAI's systems on Amazon's cloud services. OpenAI will access hundreds of thousands of Nvidia's AI chips through Amazon Web Services. The deal ...

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

OpenAI CEO Sam Altman has responded sharply to Elon Musk’s claim that he “stole a non-profit.” The exchange unfolded on X (formerly Twitter), marking the latest public clash between the two tech ...

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." ...

(Reuters) -Artificial intelligence cloud startup Lambda said on Monday it has entered into a multi-billion-dollar agreement with Microsoft to deploy tens of thousands of AI chip leader Nvidia's ...

Australian shares are set to slip; Amazon, Iren latest major AI deals; Nvidia extends advance above $US5trn mark; bitcoin stumbles; RBA in focus. Follow live.

Accenture to poke around the beleaguered airline's IT infrastructure Alaska Airlines has called in consultants to advise it ...

OpenAI is set to begin using AWS immediately, with the full planned capacity coming online by the end of 2026.