Microsoft signs $9.7-bn AI cloud deal with IREN
Financial Express Bengaluru
|November 04, 2025
MICROSOFT HAS SIGNED an approximately $9.7 billion deal to purchase AI cloud capacity from IREN, becoming the Australian company’s largest customer.
The five-year agreement will provide Microsoft access to Nvidia accelerator systems in Texas built using the GB300 architecture for AI workloads and includes a 20% prepayment, IREN said in a statement on Monday. Sydney-based IREN also said it’s agreed to purchase the requisite GPUs and related equipment for $5.8 billion from Dell Technologies.
Denne historien er fra November 04, 2025-utgaven av Financial Express Bengaluru.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Bengaluru
Financial Express Bengaluru
Coca-Cola India profit up 46.3% to ₹615 crore
Revenue rises 7% in FY25
1 min
December 20, 2025
Financial Express Bengaluru
Chomsky, Gates appear in new Epstein estate photos
CONGRESSIONAL DEMOCRATS RELEASED dozens of new images from the estate of the late convicted sex offender Jeffrey Epstein on Thursday, a day before the US Justice Department is required by law to release unclassified ?files from its investigation of the disgraced financier.
1 min
December 20, 2025
Financial Express Bengaluru
File revised returns if AIS is showing additional income
YOUR QUERIES: INCOME TAX
2 mins
December 20, 2025
Financial Express Bengaluru
Practo to seek banks for 2026 IPO
PRACTO TECHNOLOGIES, WHICH runs a digital health platform, is planning an initial public offering, according to people familiar with the matter, joining a wave of companies rushing to capitalise on India's buoyant market for first-time share sales.
1 min
December 20, 2025
Financial Express Bengaluru
BoJ shadow over a low-cost loan window for India Inc
Bank of Japan hikes rate to a three-decade high of 0.75%; India Inc says impact will be muted
2 mins
December 20, 2025
Financial Express Bengaluru
Flipkart buys majority stake in Minivet AI
WALMART-OWNED FLIPKART has struck a deal to acquire a majority stake in Minivet AI, an AI and machine learning solutions provider, as the e-commerce major looks to strengthen its generative AI capabilities for visual and conversational commerce.
1 min
December 20, 2025
Financial Express Bengaluru
Adani plans nuclear power foray
Aims to build eight 200-MW small modular reactors
2 mins
December 20, 2025
Financial Express Bengaluru
Growing trade imbalances demand course correction
FRANCE'S PRESIDENT EMMANUEL
3 mins
December 20, 2025
Financial Express Bengaluru
CCI: AI raises new competition risks
THE RAPID ADOPTION OF artificial intelligence across sectors is creating fresh competition challenges, requiring closer coordination among regulators to keep markets open and safeguard consumer interests, Competition Commission of India (CCI) chairperson Ravneet Kaur said on Friday.
1 min
December 20, 2025
Financial Express Bengaluru
Piramal Finance exits Shriram Life for ₹600 cr
PIRAMAL FINANCE ON Friday said it has decided to sell its entire 14.72 per cent stake in Shriram Life Insurance Companyto South Africa-based Sanlam Group for ₹600 crore.
1 min
December 20, 2025
Listen
Translate
Change font size

