Microsoft signed a $9.7 billion deal with IREN for Nvidia chips and data centre capacity, and expanded its Lambda partnership ...
Jim Chanos warns IREN is taking "all the risk" in Microsoft AI deal, claiming it will "decrease EPS" with returns below its cost of capital.
Nvidia ($NVDA) continues to be in the spotlight as it heads toward its November 19, 2025, earnings report. The AI chip leader ...
As a result, Bitcoin miners are turning to greener pastures. With miners already having amassed substantial computing power, pivoting their infrastructure to address power-hungry AI’s growing demand ...
IREN secured a $9.7 billion, five-year AI Cloud contract with Microsoft covering 200MW and 20% upfront payment. Read why IREN ...
Bitcoin mining platform turned AI data center infrastructure provider, IREN, announced that it successfully secured a 5-year ...
Global stock markets have started the month of November strongly. The seven-month stock market rally seems unstoppable ...
Microsoft has now poured more than $60 billion into a swarm of neocloud infrastructure companies, in what looks like an ...
A severe server DRAM shortage, fueled by the AI arms race, has led to 50% price hikes and left hyperscalers with only 70% of ...
Analysts at Bernstein rose their target price for former Bitcoin miner IREN to $125 after it signed a $9.7 billion deal with ...
One of Tesla’s biggest investors says it will vote against a compensation package that could pay Elon Musk as much as $1 ...
By the end of 2024, Microsoft will have already spent $7.3 billion in the UAE, including a $1.5 billion equity stake in G42 and over $4.6 billion on AI and cloud data centers. A further $7.9 billion ...