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

ABC News TechnologyMonday, November 3, 2025 at 1:16:06 PM
PositiveTechnology
Microsoft enters approx $9.7B contract with IREN that gives it access to Nvidia chips
Microsoft has secured a significant $9.7 billion contract with IREN, a leading AI cloud service provider, which will enhance its capabilities by granting access to Nvidia's advanced chips. This partnership is crucial as it positions Microsoft to leverage cutting-edge technology in its cloud services, potentially leading to improved performance and innovation in AI applications.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Microsoft introduces 'Ask Copilot' box to Windows 11's taskbar – but only if you want AI there
PositiveTechnology
Microsoft has launched the 'Ask Copilot' feature in Windows 11's taskbar, marking a significant step in its AI integration strategy. This new tool allows users to access AI assistance directly from their desktop, enhancing productivity and user experience. The option to enable it means users can choose whether they want AI support, making it a flexible addition to the operating system. This move not only showcases Microsoft's commitment to innovation but also reflects the growing trend of incorporating AI into everyday technology.
Trump Officials Torpedoed Nvidia’s Push to Export AI Chips to China
NegativeTechnology
In a significant setback for the tech industry, Trump officials have blocked Nvidia's efforts to export AI chips to China, a move that could hinder advancements in artificial intelligence. The decision came after top aides advised against discussing the issue with Chinese leader Xi Jinping, highlighting the ongoing tensions between the U.S. and China over technology and trade. This development matters as it not only affects Nvidia's business prospects but also raises concerns about the future of AI collaboration and competition on a global scale.
Beware - ransomware gang is tricking victims with fake Microsoft Teams ads
NegativeTechnology
A new warning has emerged about a ransomware gang using fake Microsoft Teams advertisements to deceive victims. This highlights the importance of being cautious with online ads, even those appearing on reputable platforms. As cyber threats continue to evolve, understanding these tactics can help individuals and organizations protect themselves from potential attacks.
Microsoft to Buy AI Computing Power From IREN for $9.7 Billion
PositiveTechnology
Microsoft has made a significant move by signing a $9.7 billion deal to purchase AI computing power from IREN Ltd., marking a pivotal moment as it becomes the largest customer of the Australian company. This partnership not only strengthens Microsoft's position in the AI landscape but also highlights the growing demand for advanced computing capabilities in the tech industry.
Microsoft’s AI Efforts in the U.A.E. Get a Big Boost
PositiveTechnology
Microsoft has made significant strides in its AI initiatives in the U.A.E. by becoming the first company to receive an export license from the Trump administration's Commerce Department for shipping AI chips to the region. This development not only highlights Microsoft's commitment to expanding its AI technology but also underscores the growing importance of the U.A.E. as a hub for technological innovation. Such advancements can lead to enhanced collaboration and growth in the tech sector, benefiting both Microsoft and the U.A.E.
Microsoft Gets U.S. Approval to Export Nvidia Chips to UAE
PositiveTechnology
Microsoft has made headlines by becoming the first company to receive an export license from the Trump administration's Commerce Department to ship Nvidia AI chips to the UAE. This approval is significant as it not only highlights the growing demand for AI technology in the Middle East but also positions Microsoft as a key player in the global tech landscape, potentially opening doors for further collaborations and innovations in the region.
Nvidia Can Hit $8.5 Trillion on ‘Golden Wave’ of AI, Loop Says
PositiveTechnology
Nvidia Corp is making headlines as the first company to surpass a $5 trillion market capitalization, and analysts believe it could reach an astonishing $8.5 trillion thanks to the booming demand for AI technologies. This surge not only highlights Nvidia's pivotal role in the tech industry but also reflects the growing importance of artificial intelligence in shaping the future of various sectors. Investors and tech enthusiasts alike are watching closely, as this could signal a new era of innovation and economic growth.
IREN Secures $9.7 Billion Microsoft Contract
PositiveTechnology
IREN has just landed a significant multi-year contract worth $9.7 billion with Microsoft, focusing on utilizing the tech giant's cloud-based graphics processing services. This partnership not only highlights IREN's growing influence in the tech industry but also underscores Microsoft's commitment to expanding its cloud services. Such collaborations are crucial as they drive innovation and efficiency in various sectors, making this deal a noteworthy development in the tech landscape.
Latest from Technology
Palantir Revenue Hits Another Record as Defense Work Booms
PositiveTechnology
Palantir Technologies has reported impressive financial results, with third-quarter sales reaching $1.18 billion, marking a remarkable 63% year-over-year growth. This surge in revenue is largely attributed to the booming defense sector, highlighting the company's strong position in a critical industry. Such growth not only reflects Palantir's successful strategies but also underscores the increasing demand for advanced data analytics in national security.
Oppo Find X9 Pro review: Shaking up the status quo
PositiveTechnology
The Oppo Find X9 Pro is making waves in the smartphone market, challenging giants like Samsung and Google with its impressive camera capabilities and extended battery life. This flagship device not only showcases Oppo's commitment to innovation but also sets a new standard for what users can expect from high-end smartphones. Its success could shift consumer preferences and push competitors to elevate their offerings, making it a significant player in the tech landscape.
iOS 26.1 has landed – these are the 5 biggest new features for your iPhone
PositiveTechnology
iOS 26.1 has just been released, bringing a range of exciting new features for iPhone users. This update is significant as it enhances user experience and introduces tools that can improve daily tasks, making it a must-know for anyone looking to get the most out of their device.
US Elections Face Security Test as DHS Cuts Local Cyber Support
NegativeTechnology
As the US gears up for elections, local officials are facing a significant challenge with reduced support from the Department of Homeland Security. This cutback comes at a crucial time when states are preparing to safeguard against potential bomb threats and cyberattacks. The implications of this decision could affect the integrity and security of the voting process, raising concerns among voters and officials alike.
Apple CEO Stepping Down? Tim Cook Is Now 65, Sparking Succession Talk
NeutralTechnology
As Tim Cook turns 65, discussions about his potential retirement and succession plans at Apple are heating up. This is significant because it raises questions about the future leadership of one of the world's most valuable companies and who might take the reins next. The speculation around potential candidates highlights the importance of a smooth transition to maintain Apple's innovative edge.
This 30-second routine keeps my Samsung Galaxy watch running like new every month
PositiveTechnology
A quick 30-second routine can help keep your Samsung Galaxy Watch in top shape, addressing common issues like battery drain, glitches, and lag. This simple trick is essential for users who want to maintain their device's performance and longevity, ensuring they get the most out of their smartwatch.