Nair and her team visited Microsoft’s Redmond, Wash., headquarters and spent time experimenting with ChatGPT, Nair said in a ...

The restructuring ends years of capital constraints for OpenAI, and grants Microsoft long-term technology access and new AGI ...

Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN ...

Microsoft's announcement Monday was part of its planned $15.2 billion investment in technology in the UAE, which it says has some of the highest per-capita usage of AI.

The five-year deal, valued at roughly $9.7 billion, includes a 20% prepayment and marks a significant step in IREN’s ...

By the end of 2024, Microsoft will have already spent $7.3 billion in the UAE, including a $1.5 billion equity stake in G42 and over $4.6 billion on AI and cloud data centers. A further $7.9 billion ...

On Wednesday, the company reported spending a larger-than-expected $34.9 billion on new projects in the three months through ...

IREN stock soared on Monday after announcing a nearly $10 billion deal with Microsoft to provide access to Nvidia chips.

In 2023, Microsoft partnered with an Abu Dhabi-based company called Group42 to grow its UAE data center presence. The tech ...

Shares of IREN Ltd. (NASDAQ: IREN) jumped sharply on Monday after the company announced a landmark five-year, $9.7 billion contract with Microsoft Corp. to deliver advanced AI cloud infrastructure ...

Microsoft has reported an 18% increase in quarterly sales, reaching $77.7 billion, surpassing Wall Street expectations ...

Microsoft's AI infrastructure spending to meet growing cloud services demand is outpacing Wall Street expectations, deepening ...