**IREN Inks $9.7 Billion AI Cloud Deal With Microsoft**
IREN Limited has announced a significant multi-year GPU cloud services contract with Microsoft, marking a major partnership in the rapidly expanding field of artificial intelligence (AI) infrastructure.
As detailed in the official release, under the terms of the five-year agreement, IREN (Nasdaq: IREN) will provide Microsoft with access to Nvidia’s cutting-edge GB300 GPUs. This collaboration aims to enhance Microsoft’s capabilities in delivering next-generation AI solutions through advanced cloud infrastructure.
This deal underscores the growing importance of AI technology and the increasing demand for powerful cloud-based GPU resources. With this strategic partnership, both companies are poised to accelerate innovation and development in AI services at scale.
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