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Microsoft drops $9.7B on AI cloud power to keep up with demand

As reported by Reuters, Microsoft, almost renowned now for making billion-dollar AI deals after billion-dollar AI deals, is back with another huge agreement. This time, it is partnering with IREN, with Microsoft prepaying a hefty sum upfront to secure access to IREN’s NVIDIA-powered servers as they come online. The deal gives Microsoft more compute for […]

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