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Microsoft, Nvidia

Microsoft $9.7 billion deal with IREN will give it access to Nvidia chips

Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that will give it access to some of Nvidia’s chips.

· 16h · on MSN

Microsoft Gets U.S. Approval to Export Nvidia Chips to UAE

· 10h · on MSN

Microsoft Is Investing Big in the UAE. It’s Bringing Nvidia Chips Too.

· 16h

IREN Soars 30% After Inking $9.7B AI Cloud Deal With Tech Giant Microsoft

Microsoft (MSFT) today said it had signed a $9.7 billion purchase agreement for AI cloud capacity from bitcoin miner-turned-neocloud company IREN (IREN).

· 13h

Crypto stock surges after $9.7B Microsoft deal

· 17h

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

· 16h

Iren strikes $10bn AI deal with Microsoft, shares surge

Iren has also entered into an agreement with Dell Technologies to purchase the chips and ancillary equipment for around $5.8bn.

· 18h

IREN shares soar on $9.7 billion cloud deal with Microsoft

· 16h

IREN signs Microsoft to $9.7 billion cloud compute deal, stock extends 21%

9hon MSN

Microsoft to ship Nvidia chips to United Arab Emirates; invest $15.2 billion

Microsoft announced Monday that it has export licenses to ship Nvidia chips to the United Arab Emirates to help boost its artificial intelligence goals.

TweakTown

Microsoft officially approved to send NVIDIA AI chips to the Middle East

Microsoft has received regulatory approval to send NVIDIA AI chips to the UAE, allowing it to increase AI capacity there by fourfold.

Microsoft to quadruple its UAE AI data center capacity as part of $7.9B investment

In 2023, Microsoft partnered with an Abu Dhabi-based company called Group42 to grow its UAE data center presence. The tech giant disclosed today that it will have invested more than $7.3 billion in the partnership by the end of the year. Over half the sum was allocated to capital expenditures, a line item that includes data center infrastructure.

Cryptopolitan on MSN

Microsoft wins license to ship 60,000 Nvidia GB300/Grace/Blackwell chips to UAE

Microsoft just got permission from the U.S. Commerce Department to ship over 60,000 Nvidia AI chips to the United Arab Emirates.

InvestorsHub on MSN

IREN Shares Soar on $9.7 Billion AI Cloud Partnership with Microsoft

IREN Limited (NASDAQ:IREN) surged more than 24% in premarket trading Monday after announcing a five-year GPU cloud services deal with Microsoft (NASDAQ: MSFT) valued at approximately $9.7 billion, marking one of the largest AI infrastructure partnerships in recent months.