Microsoft cloud services contract
Company: IREN
The claim, verbatim
IREN has a five-year cloud services contract with Microsoft valued at approximately $9.7 billion
Source (primary)
IREN Microsoft AI deal clears first hurdle, shares jump 10% - ABC Money (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “five-year, $9.7bn cloud services contract”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article describes a five-year, $9.7bn cloud services contract between IREN and Microsoft, with a total value of approximately $9.7bn over five years.
Confirmed in the source:
- IREN has a cloud services contract with Microsoft
- The contract runs for five years
- The contract is valued at approximately $9.7 billion
What we did: Read our cached copy of the publisher (https://www.abcmoney.co.uk/2026/08/iren-microsoft-ai-deal-clears-first-hurdle-shares-jump-10/) in full (6,759 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Microsoft AI deal clears first hurdle, shares jump 10% - ABC Money
Quote: “five-year, $9.7bn cloud services contract”
confirms IREN Limited (NASDAQ: IREN) delivers Horizon 1 to Microsoft and secures NVIDIA Exemplar Cloud status - Stock Titan
Quote: “five-year, $9.7bn cloud services contract announced in November 2025”