IREN delivers first 50MW Horizon AI cloud deployment to Microsoft under five-year $9.7 billion contract
IREN•First 50MW deployment delivered to Microsoft
IREN delivered Horizon 1 to Microsoft, marking the first 50MW AI Cloud deployment under a five-year USD 9.7 billion cloud services contract.
- Three additional 50MW direct-to-chip liquid-cooled deployments are scheduled for delivery to Microsoft at the Childress, Texas campus in 2026.
- NVIDIA granted Exemplar Cloud status following testing of IREN’s NVIDIA GB300 NVL72 deployment at Horizon 1.
- Capacity targets remain 480MW gross AI Cloud in 2026, rising to 1.2GW gross in 2027.
