Microsoft’s $9.7 Billion Bet on Iris Energy’s AI Infrastructure
05.11.2025 - 04:15:04 | boerse-global.de
A landmark agreement has positioned Iris Energy (IREN) firmly on the global technology map. The company, previously operating with a lower profile, has secured a monumental five-year contract with Microsoft valued at approximately $9.7 billion for GPU-powered cloud services. This partnership represents a transformative moment for IREN, signaling its arrival as a major infrastructure player in the artificial intelligence and cloud computing sector.
To fulfill its obligations to Microsoft, Iris Energy is undertaking a significant infrastructure expansion. The core of this effort is centered on its 750-megawatt data center campus in Childress, Texas. The company plans a phased installation of highly sought-after NVIDIA GB300 GPUs, which will be supported by liquid-cooled data Read more...
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