IREN delivers first data center to Microsoft under $9.7bn contract

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IREN Delivers Horizon 1 to Microsoft and Achieves NVIDIA Exemplar Cloud Status on GB300 NVL72

August 13, 2026 7:33 AM EDT

NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (IREN) today announced that Horizon 1 has been delivered to and accepted by Microsoft, and that IREN has achieved NVIDIA Exemplar Cloud status on NVIDIA GB300 NVL72.

Horizon 1 is the first of four 50MW (IT load) direct-to-chip liquid cooled AI Cloud deployments scheduled for delivery to Microsoft at IRENs Childress, Texas campus in 2026 under a five-year, $9.7bn cloud services contract announced in November 2025.

The rapid delivery of Horizon 1 to Microsoft reflects the agility of IRENs vertically integrated model, which provides end-to-end control across... More