IREN signs US$9.7 billion GPU cloud deal with Microsoft to expand AI infrastructure

Digitimes
Nov 3, 2025, 8:58 pm274 ptsTop
On November 3, IREN announced a multi-year contract with Microsoft to provide GPU cloud services, marking a significant milestone for the AI infrastructure provider. Under the five-year agreement, valued at approximately US$9.7 billion, including a 20% prepayment, IREN will supply Microsoft with Nvidia GB300…

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