The tech giant said it is the first company granted an export license by the Trump administration’s Commerce Department to ship AI chips to the U.A.E.

IREN stock soared on Monday after announcing a nearly $10 billion deal with Microsoft to provide access to Nvidia chips.

Update finally released as Microsoft confirms major changes for all Windows users and a serious issue with no fix available.

The five-year deal, valued at roughly $9.7 billion, includes a 20% prepayment and marks a significant step in IREN’s expansion into large-scale artificial intelligence (AI) infrastructure. The company has also signed a $5.8 billion procurement deal with Dell Technologies to source the GPUs and supporting equipment.

Now, that all seems to have resolved itself in Microsoft's favor. On Tuesday, OpenAI said it completed its recapitalization and simplified its corporate structure. The non-profit entity is now called the OpenAI Foundation, which has majority control of the for-profit component, OpenAI Group Public Benefit Corp. (PBC).

Microsoft has reported an 18% increase in quarterly sales, reaching $77.7 billion, surpassing Wall Street expectations

Although Windows 10 is no longer officially supported, Microsoft says users can now sign up for free security updates. Here’s what you need to do step-by-step.

On Wednesday, the company reported spending a larger-than-expected $34.9 billion on new projects in the three months through Sept. 30 as it races to build data centers that provide computing power to fuel the A.I. boom, a 74 percent increase from a year earlier.

Microsoft's AI infrastructure spending to meet growing cloud services demand is outpacing Wall Street expectations, deepening investor fears about the costs of sustaining the boom.

IREN Limited (NASDAQ:IREN) surged more than 24% in premarket trading Monday after announcing a five-year GPU cloud services deal with Microsoft (NASDAQ: MSFT) valued at approximately $9.7 billion, marking one of the largest AI infrastructure partnerships in recent months.