Microsoft to Buy AI Computing Power From IREN for $9.7 Billion

Bloomberg TechnologyMonday, November 3, 2025 at 4:13:26 PM
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Microsoft to Buy AI Computing Power From IREN for $9.7 Billion
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.
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