IREN secured a $9.7 billion, five-year AI Cloud contract with Microsoft covering 200MW and 20% upfront payment. Read why IREN ...
Q3 2025 Management View Chris Rogers, CEO, opened his first earnings call as CEO by affirming the company's strength, highlighting Instacart's position as "the leading online grocery marketplace, a ...
Under the agreement, IREN will provide Microsoft with access to NVIDIA GB300 GPUs over a five-year term, with a total contract value of approximately $9.7 billion, including a 20% prepayment. IREN has ...
Many of AMD's hyperscaler customers have beefed up spending as AI reaches an "inflection point" and companies can see the return on that spending, Su added.
The deal is indicative of how miners’ once-volatile hardware fleets are increasingly viewed as strategic compute assets, ...
IBM reported solid third-quarter growth across nearly its entire product and service portfolio as the company raised its outlook for the rest of 2025. IBM said its generative AI book of business now ...
A $15.9 billion tax charge dragged down Meta's earnings last quarter. Mark Zuckerberg announced plans to spend even more on ...
Microsoft's ( MSFT) nearly $10 billion deal with former bitcoin miner IREN ( IREN) for data center capacity underscores how ...
Nvidia's sovereign AI business is on track to grow annual revenue much faster than its overall business. Nvidia's sovereign AI business is growing like gangbusters. It appears to be the biggest growth ...
IREN stock soared on Monday after announcing a nearly $10 billion deal with Microsoft to provide access to Nvidia chips.