Microsoft AI cloud services contract
Company: IREN
The claim, verbatim
IREN has a $9.7 billion contract with Microsoft for AI cloud services
Source (primary)
Could IREN Become the Next Nvidia-Backed AI Winner? - Yahoo Finance (-, news_article)
View cached copy (2026-09-11)Live source ↗Archive.org ↗
Quote: “The $9.7B Microsoft contract”
How we checked this
Checked on September 20, 2026. The cited source supports part of this claim, but not all of it.
The document confirms a $9.7B Microsoft contract expected to contribute $1.9B in annual ARR, but does not explicitly state the contract is for AI cloud services.
Confirmed in the source:
- IREN has a $9.7 billion contract with Microsoft
We could not confirm this from the cited source:
- The Microsoft contract is specifically for AI cloud services
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/could-iren-become-next-nvidia-183053380.html) in full (13,588 characters, retrieved September 11, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Could IREN Become the Next Nvidia-Backed AI Winner? - Yahoo Finance
Quote: “The $9.7B Microsoft contract”