Microsoft has announced it will ship Nvidia's advanced AI chips to the United Arab Emirates. The U.S. Commerce Department approved the deal in September.

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

The tech giant said it is the first company granted an export license by the Trump administration’s Commerce Department to ship AI chips to the U.A.E.

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Microsoft has announced a $15.2 billion strategic investment in the United Arab Emirates by 2029, a move aimed at boosting artificial intelligence and cloud computing. It has been

Microsoft is drawing a bright line at romantic, flirtatious and erotic content, even for adults, when it comes to its Copilot chatbot, the company’s AI CEO said in an interview.

Microsoft has reported an 18% increase in quarterly sales, reaching $77.7 billion, surpassing Wall Street expectations

The deal will give Microsoft access to compute infrastructure built with Nvidia's GB300 GPUs, which will be deployed over phases through 2026.

Microsoft's capital-spending growth is expected to slow this fiscal year relative to last year, based on management's commentary. On Wednesday, investors will be looking to see if new developments in the AI industry have changed the company's view at all.

Microsoft's AI infrastructure spending to meet growing cloud services demand is outpacing Wall Street expectations, deepening investor fears about the costs of sustaining the boom.

The publishing giant also has a partnership with ChatGPT owner OpenAI. Investors are worried about slumping revenue.