IREN's $9.7B Microsoft AI deal hits first major milestone

AI Summary IREN completed the delivery of the first of four planned “Horizon” cloud deployments of artificial intelligence to Microsoft Corporation. With that, the first milestone of a five-year, $9.7 billion contract was completed, which underpins the transition of the former Bitcoin mining company into artificial intelligence infrastructure. Horizon 1 is located at IREN’s Childress, Texas facility.... fulltext: 413 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/iren-9-7b-microsoft-ai-deal-milestone/ Source: CryptoPolitan