The deal makes Microsoft IREN’s largest customer, with $1.94 billion in annualized revenue expected over the next five years.

Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that will give it access to some of Nvidia’s chips.

Microsoft Corp. has just moved to secure more artificial-intelligence computing capacity through a $9.7 billion deal with the data-center operator IREN Ltd. Christine Ji is a reporter covering Big ...

Exchange-traded funds (ETFs) have been siphoning assets away from mutual funds for literally decades now. You can chalk that ...

IREN stock soared on Monday after announcing a nearly $10 billion deal with Microsoft to provide access to Nvidia chips.

Roblox Corporation (NYSE: RBLX) is one of the best stocks to invest in, according to billionaire D.E. Shaw. On October 30, Roblox Corporation (NYSE:RBLX) posted impressive third-quarter results, with ...

Now, that all seems to have resolved itself in Microsoft's favor. On Tuesday, OpenAI said it completed its recapitalization ...