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Horizon 1 data center acceptance by Microsoft

Company: IREN - Project: Childress

Subject kind
facility timeline
Statement date
2026-08-13
Current status
stated

The claim, verbatim

Microsoft formally accepted Horizon 1, a 50MW critical IT load AI cloud deployment, enabling monthly invoicing under the cloud services agreement

Source (primary)

IREN Rallies 6% as Microsoft Signs Off on Horizon 1, NVIDIA Grants Exemplar Cloud Status - 24/7 Wall St. (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “IREN said Microsoft accepted Horizon 1”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states Microsoft accepted Horizon 1, describes it as a 50MW critical IT load deployment, and says acceptance lets IREN invoice Microsoft monthly.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/08/13/iren-rallies-6-as-microsoft-signs-off-on-horizon-1-nvidia-grants-exemplar-cloud-status/) in full (13,930 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN Rallies 6% as Microsoft Signs Off on Horizon 1, NVIDIA Grants Exemplar Cloud Status - 24/7 Wall St.

Quote: “IREN said Microsoft accepted Horizon 1”

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