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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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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 ↗