Skip to content

Microsoft Seals $9.7B AI Cloud Deal

IREN and Microsoft Partner for AI Infrastructure Development

  • IREN Limited has signed a five-year contract with Microsoft to provide GPU cloud services.
  • The agreement is valued at $9.7 billion, focusing on artificial intelligence infrastructure.
  • Under the deal, IREN will supply Microsoft with access to Nvidia GB300 technology.

This partnership marks a significant development in the field of AI infrastructure, leveraging IREN’s capabilities to enhance Microsoft’s technological offerings. The collaboration underscores the growing demand for advanced GPU resources in AI applications.

By securing this $9.7 billion contract, IREN positions itself as a key player in providing next-generation GPU infrastructure, demonstrating its strategic importance in the expanding AI market. Source

Share