Microsoft $9.7B cloud services agreement
Company: IREN
The claim, verbatim
IREN is building four 50-megawatt AI data centers under a five-year, $9.7 billion cloud services agreement with Microsoft
Source (primary)
IREN Shares Surge as Microsoft Accepts First AI Data Center Under $9.7 Billion Pact - finance.biggo.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “the first of four AI data centers IREN is building under a five-year, $9.7 billion cloud services agreement”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states IREN is building four identical 50-megawatt AI data centers under a five-year, $9.7 billion cloud services agreement with Microsoft.
Confirmed in the source:
- IREN is building four AI data centers under a five-year, $9.7 billion cloud services agreement with Microsoft
- The facilities are 50-megawatt AI data centers
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/1a9b275f-b452-45e8-ae79-3382233c4a74) in full (7,218 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Shares Surge as Microsoft Accepts First AI Data Center Under $9.7 Billion Pact - finance.biggo.com
Quote: “the first of four AI data centers IREN is building under a five-year, $9.7 billion cloud services agreement”