Horizon 1 delivered in 14 months; Horizon 2-4 progress
Company: IREN - Project: Horizon
The claim, verbatim
IREN delivered the Horizon 1 data center and GPU cluster in 14 months; Horizon 2 has power on at the rack in all three halls with GPUs racked, Horizon 3 has all GPUs on site and halls energized, and Horizon 4 GPUs are delivering in coming weeks.
Source (primary)
IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo Finance (-, news_article)
View cached copy (2026-11-09)Live source ↗Archive.org ↗
Quote: “Delivered Horizon 1 data center and GPU cluster in 14 months, faster than the 18-month industry benchmark”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article states the 14-month Horizon 1 delivery, and its Q&A summary gives the status of Horizon 2, 3 and 4 as the claim describes.
Confirmed in the source:
- IREN delivered the Horizon 1 data center and GPU cluster in 14 months
- Horizon 2 has power on at the rack in all three halls
- Horizon 2 has GPUs racked
- Horizon 3 has all GPUs on site and all halls energized
- Horizon 4 GPUs are delivering in the coming weeks
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/iren-ltd-iren-q1-2027-052040826.html) in full (17,109 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo Finance
Quote: “Delivered Horizon 1 data center and GPU cluster in 14 months, faster than the 18-month industry benchmark”