Tech News

Microsoft-Backed Startup VEIR Tackles Data Center Power Demand

Microsoft-backed startup VEIR is bringing superconducting cables to data centers, offering a breakthrough solution to rising power demands. Its ultra-efficient, liquid-nitrogen-cooled cables can deliver up to 3 megawatts while saving space and reducing heat, paving the way for next-generation AI and cloud data centers by 2027.

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Tech News

Microsoft Signs $9.7 Billion Deal with IREN for AI Cloud Power

Microsoft has signed a $9.7 billion, five-year deal with Australia’s IREN to expand its AI cloud capacity using Nvidia GB300 GPUs at a 750MW facility in Texas. The partnership boosts Microsoft’s Azure infrastructure and marks another major investment in global AI computing power.

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