Microsoft enters approximately $9.7B contract with IREN that gives it access to Nvidia chips
Update: 2025-11-03
Description
Microsoft's strategic partnership with IREN and OpenAI, valued at billions, secures its leading role in AI technology. The company's significant investments in cloud and AI infrastructure, including a $35 billion spend in Q3, have paid off with impressive sales growth and a market value surpassing $4 trillion. The IREN deal provides access to powerful AI chips and expertise, while the OpenAI partnership secures a 27% stake in the AI research company's for-profit entity.
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