Tag: iren microsoft deal

IREN stock rises after Microsoft approves its first 50MW AI site, boosting hopes for its $4 billion AI-cloud revenue target and future growth. (Getty Images via AFP)
Posted in Business

IREN stock jumps after Microsoft approves first AI data center site

IREN stock rose in premarket trading on Monday as investors reacted to a major milestone in the company’s AI-cloud business. IREN shares were trading at…

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