Horizon 1 data center delivery
Company: IREN - Project: Childress
What the later record shows
Not a promise: a reported event · happened August 13, 2026
The claim reports Microsoft's formal acceptance of Horizon 1 as an event that had already happened when it was said. The 10-K confirms delivery and acceptance in August 2026.
“IREN shares rose more than 6.5% after Microsoft formally accepted Horizon 1, the first of four 50-megawatt AI data centers”
2026-08-13 · IREN Shares Surge as Microsoft Accepts First AI Data Center Under $9.7 Billion Pact - finance.biggo.com View cached copy (2026-08-31)Live source ↗
“Horizon 1 was delivered to, and accepted by, Microsoft in August 2026.”
2026-08-26 · IREN 10-K filed 2026-08-27 View cached copy (2026-08-30)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Microsoft formally accepted delivery of Horizon 1, a 50MW AI data center at IREN's Childress, Texas campus
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: “Microsoft formally accepted delivery of "Horizon 1" – the first of four AI data centres IREN Ltd (NASDAQ: IREN) is building”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article reports that Microsoft formally accepted delivery of Horizon 1, which it describes as a 50-megawatt cluster of Nvidia GB300 systems at IREN's Childress, Texas campus.
Confirmed in the source:
- Microsoft formally accepted delivery of Horizon 1
- Horizon 1 is an AI data center built by IREN
- Horizon 1 has 50MW of capacity
- Horizon 1 is located at IREN's Childress, Texas campus
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: “Microsoft formally accepted delivery of "Horizon 1" – the first of four AI data centres IREN Ltd (NASDAQ: IREN) is building”