jain.com
The Analysis · Companies · People · Methodology

$9.7 billion five-year contract with Microsoft

Company: IREN

Subject kind
partnership
Statement date
2026-08-13
Promised amount
9700000000.0 USD
Current status
stated

The claim, verbatim

Entered into a five-year contract valued at $9.7 billion with Microsoft Corp. for AI cloud deployment

Source (primary)

Situational Awareness Fund Holds Stakes in Rising AI Stocks CBRS and IREN - scanx.trade (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “This milestone is part of a five-year, $9.7 billion contract between the two companies.”

How we checked this

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/equity-markets/situational-awareness-fund-holds-stakes-rising-ai-stocks-cbrs-iren/48610751) in full (21,675 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Situational Awareness Fund Holds Stakes in Rising AI Stocks CBRS and IREN - scanx.trade

Quote: “This milestone is part of a five-year, $9.7 billion contract between the two companies.”

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