The deal makes Microsoft IREN’s largest customer, with $1.94 billion in annualized revenue expected over the next five years.

In a major expansion of its cloud partnerships, OpenAI signed a $38 billion deal with Amazon Web Services to train and run future AI models, reflecting both the scale of the AI boom and the ...

OpenAI has signed a seven-year, $38 billion agreement with Amazon Web Services, adding another hyperscaler alongside Microsoft Azure for its growing AI compute needs.

It is targeted towards regional-scale workloads, multinational users and data-intensive AI systems Read more at The Business ...

Shares of quantum computing pure-play stocks IonQ, Rigetti Computing, and D-Wave Quantum have catapulted higher by as much as ...

A surge in Amazon's stock price on Monday, propelled by the announcement of a $38 billion cloud computing deal with OpenAI, ...

Microsoft said Monday it had struck two separate deals to spend more than $10 billion to rent cloud servers with Nvidia chips from smaller cloud providers in the coming years. Microsoft will spend $9.

Microsoft has signed a five-year agreement worth about $9.7 billion with IREN Limited, an Australia-based company that ...

For OpenAI, the AWS deal is both strategic and symbolic — expanding its cloud options while subtly rebalancing power in the ...

OpenAI has signed a major $38 billion cloud computing deal with Amazon Web Services (AWS) to power its artificial intelligence systems over ...

OpenAI signs a $38 billion deal with Amazon for cloud services, gaining access to Nvidia GPUs to fuel its AI ambitions and ...