Microsoft has signed a contract worth 9.7 billion dollars with IREN company to have access, for five years, to Nvidia GB300 processors, aiming to boost artificial intelligence infrastructure.
Raluca Ioana Draghici
IT&C knowledge
www.shutterstock.com
Always see our news on Google
Microsoft and IREN, the owner of a data center, have signed a cloud services contract worth nearly $9.7 billion, which will provide them access to Nvidia's GB300 processors for a period of five years. This collaboration comes at a time when the demand for artificial intelligence solutions exceeds the current capacity of major technology companies. Following the announcement of the contract, IREN's shares rose by approximately 18% in pre-market trading. Additionally, IREN has concluded an agreement with Dell Technologies for the purchase of chips and auxiliary equipment worth $5.8 billion. The company anticipates a gradual implementation of the GB300 processors by 2026 at its campus in Childress, Texas, and the contract with Microsoft includes a 20% upfront payment.
Sources
Microsoft semnează un contract de 9,7 miliarde de dolari pentru a primi acces la unele procesoare Nvidia în următorii cinci ani
Acțiunile Nvidia cresc cu 3% după ce SUA aprobă vânzarea de cipuri către Emiratele Arabe Unite în cadrul acordului cu Microsoft
Microsoft semnează un contract cu companie IREN pentru acces la cipurile Nvidia
Latest News
18:12
Participants in a program from Serbia have learned violence techniques under the guidance of Russian agents, aiming to influence the elections in the Republic of Moldova.
18:00
An Albanian wanted internationally for murder was caught in Calafat, presenting a false identity.
17:44
A fragment of a drone was brought by the waves to the shore in Olimp, being observed by a lifeguard who alerted the authorities. Specialists are set to analyze the object.
17:32
David Popovici highlighted the importance of collaborating with a psychologist to effectively manage competitive pressure and gradually return to a state of relaxation after the emotions from the competition.
17:22
Fenway Sports Group has sold a minority stake in Liverpool to a consortium led by Jeff Bezos, which also includes other investors.
See more news
NEWS ON THE SAME TOPICS
IT&C knowledge
Microsoft is in discussions with Anthropic for the provision of dedicated artificial intelligence chips
.webp)
IT&C knowledge
Meta is in discussions with Anthropic for the rental of computing capacity, thus entering into competition with cloud giants.
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
