secwatch.observer — SEC 8-K summary
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Issuer:     IREN Ltd (IREN)
CIK:        0001878848
Form:       8-K
Filed at:   2026-08-13T11:46:14+00:00
Accession:  0001140361-26-032638
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1878848/000114036126032638/0001140361-26-032638-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1878848/000114036126032638/ef20080141_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-032638

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer