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IREN, Cipher Bag Billion-Dollar AI Deals: Which Company Is Next?
Benzinga·2025-11-03 17:00

IREN Ltd (NASDAQ:IREN) and Cipher Mining Inc. (NASDAQ:CIFR) burst into the spotlight on Monday with multi-billion-dollar deals that are reshaping the AI infrastructure arms race. As demand for AI-driven computing skyrockets, infrastructure providers are partnering with tech giants and cloud leaders as hyperscale AI projects secure the power and hardware they need.CIFR stock is soaring. Watch the real-time price action here. IREN’s Landmark Microsoft DealIREN secured a five-year, $9.7 billion contract with M ...