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Microsoft AI Cloud Services Contract

Company: IREN

Subject kind
customer
Statement date
2026-08-18
Promised amount
9700000000.0 USD
Current status
stated

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

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 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”

View cached copy (2026-08-31)Live source ↗