The deal makes Microsoft IREN’s largest customer, with $1.94 billion in annualized revenue expected over the next five years.
The 20-year deals, announced by renewable developer Shizen Energy, cover 100 megawatts of capacity across four solar projects. One of the plants is already operating, while others in the Kyushu and ...
Microsoft announced additional investments in the United Arab Emirates as it looks to expand its data center footprint and capitalize on export licenses.
Altman recently revealed that the company's multi-billion-dollar partnership with Microsoft has been instrumental to its ...
Microsoft said Monday it will be shipping Nvidia’s most advanced artificial intelligence chips to the United Arab Emirates as part of a deal approved by the U.S. Commerce Department.
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 ...
Microsoft will invest over $15 billion in UAE AI data centers through 2029 after securing chip export licenses.
While market participants may not agree on whether the tech trade looks poised to go awry, it's a double-edged sword that today's stock market has become heavily concentrated in tech stocks. They are ...
Now, that all seems to have resolved itself in Microsoft's favor. On Tuesday, OpenAI said it completed its recapitalization ...
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