Microsoft Signs $9.7B Deal With IREN for AI Cloud Expansion
PositiveArtificial Intelligence
Microsoft has signed a significant $9.7 billion deal with IREN, making it the company's largest customer. This partnership is expected to generate $1.94 billion in annualized revenue over the next five years, highlighting Microsoft's commitment to expanding its AI cloud services. This deal not only strengthens Microsoft's position in the AI market but also showcases the growing demand for cloud solutions, making it a pivotal moment for both companies.
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