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 AI workloads such as Copilot, OpenAI training, and Azure. It also lets it skip the slow, expensive process of building new data centres, which can take years and often get delayed by planning approvals and local power limits.
