Microsoft inks $9.7 bn IREN deal, will get access to Nvidia chips
Microsoft has struck $9.7 billion deal with data-centre operator IREN that includes access to Nvidia's advanced chips. The five-year agreement will provide Microsoft access to Nvidia Corp. accelerator systems in Texas built using GB300 architecture for AI workloads and includes 20% prepayment, IREN said. After deal is implemented, it's likely to generate nearly $1.94 billion in annualised revenue.