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Microsoft inks $9.7B deal with Australia’s IREN for AI cloud capacity

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Summary: The deal will give Microsoft access to compute infrastructure built with Nvidia's GB300 GPUs, which will be deployed over phases through 2026.

In Brief

Microsoft is leaving no stone unturned in its quest to secure more compute capacity for meeting its customers’ heavy demand for AI services.

On Monday, the Redmond-based tech giant signed a $9.7 billion

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Ram Iyer, Rebecca Bellan, Anthony Ha, Kate Park, .Post-Authors-List__Authors --Font-Size Var, Align-Items Center Display Flex Gap Var, .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Display Flex Flex-Shrink Margin Padding .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Li List-Style None Margin-Left Margin-Top Important .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Li First-Child Margin-Left .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs .Post-Authors-List__Author-Thumb Background-Color Var, Border Solid Var --Wp--Custom--Color--White, Border-Radius, Height -O-Object-Fit Cover Object-Fit Cover Width .Post-Authors-List__Authors .Post-Authors-List__Author-List Display Flex Flex-Wrap Wrap Gap Var

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November 03, 2025 at 12:00 AM

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