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IREN Delivers Horizon 1 To Microsoft

IREN delivered Horizon 1, the first of four planned 50-megawatt IT-load AI Cloud deployments for Microsoft at its Childress, Texas, campus.

The deployments use direct-to-chip liquid cooling and are scheduled for delivery in 2026. They are part of a five-year, $9.7 billion cloud services contract announced in November 2025.

The designation recognizes IREN’s ability to support demanding AI workloads at scale with strong performance and reliability.