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Microsoft approval of Horizon 1 data center under $9.7B deal

Company: IREN - Project: Horizon

Subject kind
partnership
Statement date
2026-08-21
Promised amount
9.7 USD
Current status
stated

The claim, verbatim

Microsoft has officially approved Horizon 1, the first of four data centers IREN is developing under a five-year, $9.7 billion deal

Source (primary)

IREN Clears Its Biggest AI Test With Microsoft - GuruFocus (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “Microsoft Corp. ( MSFT , Financials ) has officially approved Horizon 1, the first of four data centers IREN is developing under a five-year, $9.7 billion deal.”

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://www.gurufocus.com/news/9047728/iren-clears-its-biggest-ai-test-with-microsoft) in full (10,098 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN Clears Its Biggest AI Test With Microsoft - GuruFocus

Quote: “Microsoft Corp. ( MSFT , Financials ) has officially approved Horizon 1, the first of four data centers IREN is developing under a five-year, $9.7 billion deal.”

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