jain.com

Microsoft contract

Company: IREN

Subject kind
customer
Statement date
2026-09-14
Promised by
2031-12-31
Promised amount
9.7 USD billion
Current status
stated

The claim, verbatim

Microsoft contract worth $9.7 billion runs through 2031

Source (primary)

AI Leaders Say Slow Down. IREN Says Compute Demand May Never Be Satisfied. Nvidia Sits in the Middle - Yahoo Finance (-, news_article)
View cached copy (2026-09-18)Live source ↗

Quote: “Its fiscal-year filing says a $9.7 billion Microsoft contract runs through 2031”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The article cites IREN's fiscal-year filing as saying a $9.7 billion Microsoft contract runs through 2031.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/ai-leaders-slow-down-iren-190519922.html) in full (11,098 characters, retrieved September 18, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms AI Leaders Say Slow Down. IREN Says Compute Demand May Never Be Satisfied. Nvidia Sits in the Middle - Yahoo Finance

Quote: “Its fiscal-year filing says a $9.7 billion Microsoft contract runs through 2031”

View cached copy (2026-09-18)Live source ↗