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

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

The report also claimed AWS “gets a free ride on the downstream broadband networks that carry [it’] growing volumes of data, ...

Big tech reports record profits while cutting jobs, revealing how the AI boom is reshaping growth into a capital-heavy, labor ...

Big Tech keeps pouring billions into AI infrastructure as Google, Meta, and Microsoft boost spending despite talk of an AI ...

Microsoft Corp. (MSFT) shares fell nearly 4% in extended trading after the company disclosed record capital expenditure of ...

Microsoft's CEO, Satya Nadella, told investors that the company plans to double its data center footprint over the next two ...

U.S. lawmakers have tried four times since September last year to close what they called a glaring loophole: China is getting ...

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

Telegram founder Pavel Durov unveiled Cocoon—a TON-powered network where GPU owners earn crypto for providing private AI ...

Big Tech’s earnings season continues in earnest after the bell on Wednesday with Google ( GOOG, GOOGL ), Meta ( META ), and ...