Microsoft Gains AI Computing Power with $9.7 Billion IREN Deal

Reported about 12 hours ago

Microsoft has signed a $9.7 billion multi-year deal with IREN to access Nvidia GB300 chips, significantly boosting its data processing capabilities for AI services. This agreement comes as IREN also partners with Dell Technologies to enhance its hardware for graphics processing. The demand for data centers has surged, prompting Microsoft to double its footprint and invest more in AI infrastructure, indicating a robust competition among tech giants for data center capacity to support the growing needs of artificial intelligence.

Source: YAHOO

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