jain.com

Microsoft AI Cloud Services Contract

Company: IREN

Subject kind
customer
Statement date
2025-11-02
Promised by
2026-12-31
Promised amount
9700000000.0 USD
Current status
stated

The claim, verbatim

Signed a $9.7 billion five-year contract with Microsoft for AI cloud services with 20% prepayment credited to years 3-5 and phased deployment starting in 2026

Source (primary)

iren 8-K exhibit (ef20058139_ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗

Quote: “$9.7bn AI Cloud Contract with Microsoft”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms iren 8-K exhibit (ef20058139_ex99-2.htm)

Quote: “$9.7bn AI Cloud Contract with Microsoft”

View cached copy (2026-09-27)Live source ↗