{"id":119263,"date":"2025-11-03T11:39:07","date_gmt":"2025-11-03T11:39:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/119263\/"},"modified":"2025-11-03T11:39:07","modified_gmt":"2025-11-03T11:39:07","slug":"microsoft-signs-9-7-billion-ai-cloud-deal-with-iren","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/119263\/","title":{"rendered":"Microsoft Signs $9.7 Billion AI Cloud Deal With IREN"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/MSFT:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Microsoft Corp.<\/a> has signed an approximately $9.7 billion deal to purchase AI cloud capacity from <a href=\"https:\/\/www.bloomberg.com\/quote\/IREN:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">IREN Ltd.<\/a>, becoming the Australian company\u2019s largest customer.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The five-year agreement will provide Microsoft access to <a href=\"https:\/\/www.bloomberg.com\/quote\/NVDA:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Nvidia Corp.<\/a> accelerator systems in Texas built using the <a href=\"https:\/\/www.nvidia.com\/en-us\/data-center\/gb300-nvl72\/\" title=\"NVIDIA GB300\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">GB300<\/a> architecture for AI workloads and includes a 20% prepayment, IREN said in a <a href=\"https:\/\/www.bloomberg.com\/news\/terminal\/T55D7Z6QRTHD\" class=\"media-ui-Link_link-tVkXhPLPofs- whitespace-normal\" target=\"_blank\" rel=\"noopener nofollow\" data-component=\"link\">statementBloomberg Terminal<\/a> on Monday. Sydney-based IREN also said it\u2019s agreed to purchase the requisite GPUs and related equipment for $5.8 billion from <a href=\"https:\/\/www.bloomberg.com\/quote\/DELL:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Dell Technologies Inc.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Microsoft Corp. has signed an approximately $9.7 billion deal to purchase AI cloud capacity from IREN Ltd., becoming&hellip;\n","protected":false},"author":2,"featured_media":119264,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,1122,218,219,15704,71373,44379,61,4082,60,50245,1672,1673,80,9904],"class_list":{"0":"post-119263","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-architecture","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-chief-executive-officer","13":"tag-daniel-roberts","14":"tag-dell-technologies-c","15":"tag-ie","16":"tag-infrastructure","17":"tag-ireland","18":"tag-iren-ltd","19":"tag-microsoft-corp","20":"tag-nvidia-corp","21":"tag-technology","22":"tag-texas"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/119263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=119263"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/119263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/119264"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=119263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=119263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=119263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}