Microsoft AI Cloud Services Contract
Company: IREN
The claim, verbatim
IREN secured a multi-year $9.7 billion AI cloud services deal with Microsoft to provide Nvidia GPU capacity over five years
Source (primary)
Why Is IREN Stock Rising In Premarket? - Stocktwits (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “a multi-year, $9.7 billion AI cloud services deal with Microsoft to provide Nvidia GPU capacity over five years”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states IREN secured a multi-year, $9.7 billion AI cloud services deal with Microsoft to provide Nvidia GPU capacity over five years, matching every part of the claim.
Confirmed in the source:
- IREN secured a deal with Microsoft
- the deal is worth $9.7 billion
- the deal is multi-year
- the deal is for AI cloud services providing Nvidia GPU capacity
- the deal spans five years
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/why-is-iren-stock-rising-in-premarket/cZR5VBVR4sV) in full (4,048 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Is IREN Stock Rising In Premarket? - Stocktwits
Quote: “a multi-year, $9.7 billion AI cloud services deal with Microsoft to provide Nvidia GPU capacity over five years”