Microsoft secures $9.7B AI cloud deal with IREN, boosting Nvidia chip access

1 min read
Source: Yahoo Finance
Microsoft secures $9.7B AI cloud deal with IREN, boosting Nvidia chip access
Photo: Yahoo Finance
TL;DR

Microsoft has signed a $9.7 billion, five-year cloud services contract with IREN to access Nvidia chips, aiming to boost its AI capabilities amid growing demand, while also expanding its partnership with OpenAI and investing heavily in cloud infrastructure.

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