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Microsoft Approves IREN's First AI Data Center, Boosting Nvidia GB300 Demand

Benzinga Prediction Markets Read original source (opens in a new tab)
The Story

News Summary

  • Microsoft approved IREN's first AI data center (Horizon 1) under a $9.7B cloud deal, using Nvidia GB300 GPUs.
  • This validates AI infrastructure demand and diversification away from Bitcoin mining amid crypto price weakness.
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