Tag: Microsoft Azure
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Microsoft AI Boom: Strong Earnings Defy Fears Again
Microsoft Delivers Robust Q2 Results Amid AI Optimism Microsoft stunned investors with another set of solid quarterly numbers, reinforcing the message that the AI boom is far from over. As the company sailed through the second quarter, executives highlighted continued strength across its cloud computing, software subscriptions, and, notably, its artificial intelligence initiatives. The results…
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IREN Secures $9.7 Billion AI Cloud Contract with Microsoft
IREN Secures a Landmark AI Cloud Agreement with Microsoft In a move that reinforces its position in the high-demand AI infrastructure market, IREN Limited (NASDAQ: IREN) announced a multi-year GPU cloud services contract with Microsoft. The agreement, valued at $9.7 billion, will see IREN provide Microsoft with access to advanced NVIDIA GB300 GPUs, marking a…