Microsoft Horizon AI deployment contract
Company: IREN - Project: Childress
The claim, verbatim
IREN has a five-year, $9.7 billion contract with Microsoft to deliver four Horizon AI cloud deployments, with the first completed at IREN's Childress, Texas facility.
Source (primary)
IREN’s $9.7B Microsoft AI deal hits first major milestone - CryptoRank (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “IREN completed the delivery of the first of four planned 'Horizon' cloud deployments of artificial intelligence to Microsoft Corporation. With that, the first milestone of a five-year, $9.7 billion contract was completed, which underpins the transition of the former Bitcoin mining company into artificial intelligence infrastructure. Horizon 1 is located at IREN's Childress, Texas facility.”
How we checked this
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Additional evidence
confirms IREN’s $9.7B Microsoft AI deal hits first major milestone - CryptoRank
Quote: “IREN completed the delivery of the first of four planned 'Horizon' cloud deployments of artificial intelligence to Microsoft Corporation. With that, the first milestone of a five-year, $9.7 billion contract was completed, which underpins the transition of the former Bitcoin mining company into artificial intelligence infrastructure. Horizon 1 is located at IREN's Childress, Texas facility.”