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Microsoft Signs $9 7 Billion Cloud Deal With IREN, a Former Botcoin Miner
Microsoft just signed a $9.7 billion deal with IREN, a former bitcoin miner, to secure AI data center capacity in Texas. Why does this matter? As crypto mining profits shrink, miners like IREN are pivoting to AI, turning their energy assets into high-demand computing power. Meanwhile, Microsoft gets access to Nvidia chips and scalable ...
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