{"id":241574,"date":"2025-11-03T15:49:11","date_gmt":"2025-11-03T15:49:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/241574\/"},"modified":"2025-11-03T15:49:11","modified_gmt":"2025-11-03T15:49:11","slug":"microsoft-signs-9-7-billion-deal-with-data-center-firm-iren","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/241574\/","title":{"rendered":"Microsoft Signs $9.7 Billion Deal With Data Center Firm 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 a roughly $9.7 billion deal to buy artificial intelligence computing 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 gives 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> systems in Texas built 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 has agreed to buy the necessary advanced chips known as graphics processing units 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 a roughly $9.7 billion deal to buy artificial intelligence computing capacity from IREN Ltd.,&hellip;\n","protected":false},"author":2,"featured_media":241575,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,7724,73071,101699,101698,85445,10182,4140,86,3329,56,5387,54,55],"class_list":["post-241574","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-cloud-computing","tag-coreweave-inc-cl-a","tag-daniel-roberts","tag-dell-technologies-c","tag-iren-ltd","tag-microsoft-corp","tag-nvidia-corp","tag-technology","tag-texas","tag-uk","tag-united-arab-emirates","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/241574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=241574"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/241574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/241575"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=241574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=241574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=241574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}