Under the five-year agreement, IREN will supply Microsoft with access to NVIDIA GB300 GPUs through its vertically integrated ...

IREN Limited (NASDAQ: IREN), a Bitcoin (BTC) mining and AI cloud company, signed a $9.7 billion GPU cloud services contract with Microsoft (Nasdaq: MSFT) on Oct. 3.

Bitcoin miners pivot to AI, with IREN's $9.7B Microsoft deal driving 580% stock surge as US blocks China chip access.

IREN has joined the ranks of large-scale "neocloud" providers, said analyst Brett Knoblach, adding credibility to the company ...

IREN deal gives Redmond a mountain of Nvidia GPUs Software King of the World, Microsoft has decided that the best way to stay on top of the AI arms race is to buy its way there. Vole has inked a $9.7 ...

Valuation frameworks are shifting with it. Miners pivoting to AI are trading near $6 million per megawatt of capacity, while pure Bitcoin miners sit closer to $3 million. The premium reflects a simple ...

Baird initiates Microsoft stock coverage with $600 target, citing 40% Azure growth and strong AI positioning. Analyst expects ...