Microsoft 50MW AI cloud deployment contract
Company: IREN
The claim, verbatim
IREN announced the successful delivery and acceptance of Horizon 1, a 50MW direct-to-chip liquid-cooled AI cloud deployment to Microsoft as part of a five-year, $9.7 billion contract
Source (primary)
Situational Awareness Fund Holds Stakes in Rising AI Stocks CBRS and IREN - scanx.trade (-, news_article)
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Quote: “IREN announced the successful delivery and acceptance of "Horizon 1," a 50MW direct-to-chip liquid-cooled AI cloud deployment for Microsoft Corp. (NASDAQ: MSFT). This milestone is part of a five-year, $9.7 billion contract between the two companies.”
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Additional evidence
confirms Situational Awareness Fund Holds Stakes in Rising AI Stocks CBRS and IREN - scanx.trade
Quote: “IREN announced the successful delivery and acceptance of "Horizon 1," a 50MW direct-to-chip liquid-cooled AI cloud deployment for Microsoft Corp. (NASDAQ: MSFT). This milestone is part of a five-year, $9.7 billion contract between the two companies.”