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

The seven-year agreement is the companies’ first computing partnership and is part of Amazon’s efforts to grow its cloud business.

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

Microsoft Corp. is planning to spend more than $7.9 billion on data centers, cloud computing and employees in the United Arab ...

Microsoft Corp. has signed a roughly $9.7 billion deal to buy artificial intelligence computing capacity from IREN Ltd., ...

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.

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

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 ...

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 ...

The partnership creates substantial opportunities for economic growth, digital trade, and cross-border collaboration between ...

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

Microsoft has secured a $9.7 billion cloud services agreement with Australian AI infrastructure provider IREN, gaining access to Nvidia chips to meet ...