IREN Ltd (NASDAQ:IREN) has inked a GPU cloud contract with Microsoft Corp (NASDAQ:MSFT) with "some attractive terms in the deal," according to Canaccord Genuity. The IREN Analyst: Analyst Joseph Vafi ...

AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner ...

Microsoft and Nvidia will both invest in Anthropic, while the AI model company plans to purchase compute power from Microsoft. Like rival OpenAI, Anthropic is spreading its bets and partnering with ...

IREN delivered strong Q1 results last week, showcasing triple-digit revenue growth and rapid expansion in its GPU-as-a-Service Cloud platform. The cloud service company's business momentum is fueled ...

Anthropic, maker of the chatbot Claude that competes with OpenAI’s ChatGPT, said it is committed to buying $30 billion in computing capacity from Microsoft’s Azure cloud computing platform. As part of ...

Microsoft said Tuesday it is partnering with artificial intelligence company Anthropic and chipmaker Nvidia as part of a cloud infrastructure deal that moves the software giant further away from its ...

Under the deal, Microsoft will invest $5 billion while Nvidia will contribute $10 billion. Anthropic has also committed to buying $30 billion in Microsoft Azure compute capacity and contracting up to ...

Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. In October, WSJ used three charts to explain what is behind Wall ...

The Trump administration is issuing a $1 billion loan to reestablish a nuclear power plant at Pennsylvania’s Three Mile Island that’s been offline for five years. The U.S. Department of Energy ...

Shares of IREN, the bitcoin mining firm turned AI infrastructure player, are higher by more than 500% year-to-date, but that might just be a start, according to one Wall Street bull. Following the ...

ChatGPT competitor secures billions from Microsoft and Nvidia in deal to use cloud services and chips. On Tuesday, Microsoft and Nvidia announced plans to invest in Anthropic under a new partnership ...