Market context
Follow the story. See which markets it affects. Explore the context.
IREN shares fell 8% after reporting a significant fiscal 2026 loss due to impairments from shifting from Bitcoin mining to AI data centers. While total revenue dipped, AI cloud revenue surpassed mini…
Iren delivered first phase of a $9.7B AI compute deal to Microsoft, using Nvidia GB300 NVL72 hardware certified as Nvidia Exemplar Cloud. Stock rose nearly 3%, validating crypto miners' pivot to AI d…
IREN shares jumped 6% after Microsoft accepted its Horizon 1 AI data center under a $9.7B cloud deal, triggering monthly invoicing. NVIDIA's Exemplar Cloud status validates the GB300 NVL72 deployment…
Bullish thesis on IREN Limited highlights its pivot to AI Cloud infrastructure, $3.4B NVIDIA contract, Microsoft partnership, and 5GW power capacity, though execution risks and high short interest re…
Microsoft holds a $5B stake in Anthropic, which agreed to buy $30B in Microsoft cloud services. The U.S. Senate approved Microsoft Copilot for official use, enhancing its AI footprint amid Anthropic'…
Microsoft backs AI company Anthropic with $5 billion investment and secures $30 billion cloud services deal amid Pentagon dispute.
Nvidia will invest $2 billion in Nebius to expand AI cloud computing capacity, supporting Nebius's growth and reinforcing Nvidia’s position in AI infrastructure alongside large contracts from Microso…
Microsoft secured a $170.4 million U.S. Air Force cloud services contract, boosting multi-year revenue visibility and expanding its government cloud presence.
IREN faces technical downside risk despite strong AI and Bitcoin mining growth. It secured a large Microsoft deal, but market competition and costly financing pose challenges for hyperscalers like Mi…
Microsoft signed a $9.7 billion, five-year cloud services deal with IREN to access Nvidia GB300 processors, advancing its AI infrastructure amid Big Tech competition. IREN's expanding AI cloud and bi…
Microsoft secures a $9.7 billion multi-year deal with IREN to provide cloud-based GPU services using Nvidia hardware, boosting its data center and cloud offerings.
Microsoft and OpenAI restructured OpenAI as a public benefit corporation, removing fundraising restrictions and keeping Microsoft's 27% stake. The deal boosts Microsoft’s cloud service revenues and i…
Nebius confirms $2B 2025 capex, targets >1GW power by 2026 and closed a $17.4B GPU capacity deal with Microsoft through 2031, backed by $4.2B financing to scale data centers amid surging AI infrastru…
Nebius won a $17.4B multi-year deal with Microsoft, sending NBIS up 50%; its vertical stack and Nvidia partnership secure priority GPU access and drive expectations of multi-triple-digit revenue grow…
Microsoft agreed with the U.S. GSA to offer discounted cloud services and free Copilot access to federal agencies, potentially saving the government up to $3 billion in year one, with agencies able t…