Horizon 1 Microsoft Delivery
Company: IREN
The claim, verbatim
Delivered Horizon 1, the first of four planned 50-megawatt AI cloud deployments under Microsoft contract
Source (primary)
IREN Q4 adj. EPS $(0.74) misses; BTIG sees $4B ARR - scanx.trade (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “IREN delivered Horizon 1, the first of four planned 50-megawatt AI cloud deployments under its Microsoft contract, during the quarter”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The companion article on the page states IREN delivered Horizon 1, the first of four planned 50-megawatt AI cloud deployments under its Microsoft contract.
Confirmed in the source:
- IREN delivered Horizon 1 during the quarter
- Horizon 1 is the first of four planned AI cloud deployments under IREN's Microsoft contract
- Each planned deployment is 50 megawatts
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/technology/iren-leads-coreweave-ai-revenue-per-megawatt-metric/48621281) in full (23,758 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Q4 adj. EPS $(0.74) misses; BTIG sees $4B ARR - scanx.trade
Quote: “IREN delivered Horizon 1, the first of four planned 50-megawatt AI cloud deployments under its Microsoft contract, during the quarter”