IREN delivers Horizon 1 to Microsoft, achieves NVIDIA Exemplar Cloud status

IREN Ltd

Horizon 1 delivered to and accepted by Microsoft; first of four 50MW AI Cloud deployments at Childress, TX.
Part of five-year, $9.7B cloud services contract announced November 2025; Horizons 2-4 targeted later this year.
Achieved NVIDIA Exemplar Cloud status on GB300 NVL72 after NVIDIA testing at Horizon 1.
Targets 480MW gross AI Cloud capacity in 2026 and 1.2GW in 2027.
Co-CEO Daniel Roberts cites vertically integrated model and 3,000+ site team for rapid delivery.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.