IREN, Microsoft and AI
Digest more
IREN secured a $9.7 billion, five-year AI Cloud contract with Microsoft covering 200MW and 20% upfront payment. Read why IREN stock is a Buy.
The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bernstein, which lifted to $125.
Jim Chanos warns IREN is taking "all the risk" in Microsoft AI deal, claiming it will "decrease EPS" with returns below its cost of capital.
IREN Limited's $9.7B Microsoft deal and Sweetwater hub expansion could boost AI cloud growth and GPU capacity. Click for my IREN earnings preview.
Microsoft’s $9.7B AI deal ignites the crypto market as RENDER and TAO climb, while DeepSnitch AI’s presale surges 42%, making it the best crypto to buy now.
AI infrastructure providers are partnering with tech giants and cloud leaders as AI projects secure the power and hardware they need.
Microsoft has entered into an approximately $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that will give it access to some of Nvidia’s chips.