Microsoft enters approximately $9.7B contract with IREN that gives it access to Nvidia chips

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.

IREN Stock Soars. Microsoft’s Capacity Problem Might Just Be Solved.

IREN stock was soaring on Monday after the Australian company agreed a $9.7 billion deal to sell artificial-intelligence ...