The five-year deal, valued at roughly $9.7 billion, includes a 20% prepayment and marks a significant step in IREN’s expansion into large-scale artificial intelligence (AI) infrastructure. The company ...

The start of a traditionally solid month on Wall Street saw stocks rising as Amazon.com Inc.’s $38 billion deal with OpenAI ...

IREN Limited (NASDAQ:IREN) is one of the 12 Best Performing Stocks in the Last 3 Months. On October 22, B. Riley increased ...

Amazon.com Inc.’s cloud unit has signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for computing power. Amazon shares jumped.

Infrastructure operators with multibillion-dollar backlogs offer exposure to AI compute growth without megacap valuations. Power capacity and contracted megawatts are becoming more valuable than ...

Last week, OpenAI completed its for-profit restructuring and announced a new deal with Microsoft that will give the company ...

OpenAI and Amazon have signed a multi-year agreement worth $38 billion under which the ecommerce giant will provide the ...

After signing agreements to use computing power from Nvidia, AMD and Oracle, OpenAI is teaming up with the world’s largest cloud computing company.

Learn more about whether Arrow Electronics, Inc. or Ingram Micro Holding Corporation is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.

Microsoft Corp said it will spend more than US$7.9 billion on data centres, cloud-computing and employees in the United Arab ...

To fulfill the contract, IREN will purchase $5.8 billion in GPUs and related equipment from Dell Technologies. Microsoft Corp. has just moved to secure more artificial-intelligence computing capacity ...

Amazon.com, Inc. remains resilient amid inflation, with strong growth, AI-driven prospects, and new buying opportunities.