International Companies

Iren strikes $10bn AI deal with Microsoft, shares surge

By Abigail Townsend

Date: Monday 03 Nov 2025

(Sharecast News) - Shares in Iren soared on Monday, after the data centre operator struck a $9.7bn AI cloud services deal with Microsoft.
Under the terms of the five-year contract, Irene will provide Microsoft with access to Nvidia's advanced GB300 GPUs.

Iren has also entered into an agreement with Dell...

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