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

Amazon deal still dwarfed by $250B Azure commitment made as part of OpenAI's for-profit transformation OpenAI has signed a ...

In a major expansion of its cloud partnerships, OpenAI signed a $38 billion deal with Amazon Web Services to train and run future AI models, reflecting both the scale of the AI boom and the ...

Microsoft said Monday it had struck two separate deals to spend more than $10 billion to rent cloud servers with Nvidia chips from smaller cloud providers in the coming years. Microsoft will spend $9.

Shares of quantum computing pure-play stocks IonQ, Rigetti Computing, and D-Wave Quantum have catapulted higher by as much as ...

Microsoft has signed a five-year agreement worth about $9.7 billion with IREN Limited, an Australia-based company that ...

Alphabet, Meta and Microsoft divide the market over whether they can translate huge capital expenditure into income ...

Amazon.com Inc. s cloud unit has signed a $38 billion deal to supply a slice of OpenAI s bottomless demand for computing power. Amazon shares ...

After signing agreements to use computing power from Nvidia, AMD and Oracle, OpenAI is teaming up with the world’s largest cloud computing company.

The deal will give Microsoft access to compute infrastructure built with Nvidia's GB300 GPUs, which will be deployed over ...

Data center owner and operator IREN said on Monday it has signed a nearly $9.7 billion cloud services contract with Microsoft to provide the tech giant with access to Nvidia's GB300 processors over a ...