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Economy Country 2025-11-04T10:13:00+00:00

Microsoft Makes $9.7B Deal with Australian Firm Iren

Microsoft buys AI computing power from Australian Iren Limited for $9.7 billion, becoming its biggest client.

Microsoft Makes $9.7B Deal with Australian Firm Iren

Microsoft has finalized a $9.7 billion deal to acquire AI computing capabilities from the Australian company «Iren Limited», making it the largest client of the firm. This agreement marks a significant step in expanding Microsoft's cloud and AI infrastructure, aiming to meet the increasing demand for artificial intelligence solutions worldwide.

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Australia and Canada Sign Agreement on Critical Minerals Cooperation
2025-11-01T16:08:10+00:00

Australia and Canada Sign Agreement on Critical Minerals Cooperation

Australia and Canada have reached a bilateral cooperation agreement on critical minerals during the G7 energy and environment ministers meeting in Toronto. This partnership aims to diversify supply chains and develop sustainable energy.
Economy Politics Country
New South Wales to Test Glowing Roads to Reduce Accidents
2025-10-31T01:26:55+00:00

New South Wales to Test Glowing Roads to Reduce Accidents

A successful experiment with glowing road signs was conducted in New South Wales, Australia. Over six months, their use on a dangerous road section reduced nighttime accidents by 67%. Authorities now plan to scale this innovative project.
Economy Health Events Country
Australian Dollar Rises with Pound
2025-05-08T10:20:42+00:00

Australian Dollar Rises with Pound

The Australian dollar surged on Thursday alongside the British pound after US President Donald Trump made significant remarks impacting the financial markets.
Economy Country