AI Cloud Deal
IREN’s stock price increased by 30% following the announcement of a $9.7 billion AI cloud partnership with Microsoft. This significant deal marks a major milestone for IREN. The collaboration is expected to enhance IREN’s capabilities in artificial intelligence and cloud services. Investors reacted positively to the news, driving the stock price up sharply. The partnership with Microsoft is anticipated to provide IREN with access to advanced technology and resources, further strengthening its market position.
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