Horizon 1 AI cloud deployment at Childress, Texas
Company: IREN - Project: Childress
The claim, verbatim
IREN operates a 50MW critical IT load AI cloud deployment at Childress, Texas, featuring direct-to-chip liquid cooling and NVIDIA GB300 NVL72 systems
Source (primary)
IREN’s $100 Bull Case Hinges on a 5-10x AI Cloud Advantage - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Horizon 1 is a 50MW critical IT load AI cloud deployment that is made with direct-to-chip liquid cooling and NVIDIA GB300 NVL72 systems”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document establishes the 50MW capacity, cooling method, GPU systems, Childress location, and IREN's operation of Horizon 1.
Confirmed in the source:
- Horizon 1 is a 50MW critical IT load AI cloud deployment
- Horizon 1 uses direct-to-chip liquid cooling and NVIDIA GB300 NVL72 systems
- Horizon 1 is located at Childress, Texas
- IREN operates the deployment (Microsoft formally accepted the handoff)
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/iren-100-bull-case-hinges-162631786.html) in full (10,208 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN’s $100 Bull Case Hinges on a 5-10x AI Cloud Advantage - Yahoo Finance
Quote: “Horizon 1 is a 50MW critical IT load AI cloud deployment that is made with direct-to-chip liquid cooling and NVIDIA GB300 NVL72 systems”