Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN.
A momentous week in the technology sector made it clear there is no sign the boom in building AI infrastructure is slowing.
Shares of technology companies rose amid more multibillion-dollar AI infrastructure deals. Amazon shares rallied after artificial-intelligence giant OpenAI agreed to pay the online megastore's ...
A surge in Amazon's stock price on Monday, propelled by the announcement of a $38 billion cloud computing deal with OpenAI, ...
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IREN surges after $9.7 billion AI infrastructure deal with Microsoft
IREN has risen 8.51% after signing a $9.7 billion five-year deal with Microsoft, giving the tech firm access to chips from ...
NEW YORK (AP) — Nvidia and other technology companies are propping up Wall Street on Monday, while most other stocks fall following a discouraging signal on the health of U.S. manufacturing.
Microsoft's licenses enable the firm to ship Nvidia chips — involving its more advanced GB300 GPUs — to the United Arab Emirates.
Nvidia Corp made history last week when it became the first company ever to have a market value of US$5 trillion. But that's ...
If AI investment starts to slow, that could be "catastrophic" for stock prices and spark a US recession, BCA Research said.
Dow Jones Top Company Headlines at 9 AM ET: Kimberly-Clark Strikes $40 Billion Deal for Tylenol Maker Kenvue | Microsoft ... One of biggest takeovers so far this year will create a global company with ...
IREN has signed a multi-year deal with Microsoft to use its cloud-based graphics processing services.
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