IREN delivers first Microsoft data center, achieves NVIDIA Exemplar Cloud status

Filed August 13, 2026 · Period ending August 13, 2026 · ~1 min read

Key Changes

• high

  Delivered Horizon 1, the first of four 50MW AI Cloud deployments scheduled for Microsoft in 2026 under a five-year, $9.7 billion cloud services contract announced in November 2025.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →
• high

  Achieved NVIDIA Exemplar Cloud status on GB300 NVL72 infrastructure following NVIDIA's testing at Horizon 1, validating IREN's technical capabilities for demanding AI workloads.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →
• high

  Reaffirmed expansion targets of 480MW gross AI Cloud capacity in 2026 and 1.2GW gross capacity in 2027, with three additional 50MW Horizon deployments scheduled for Microsoft later in 2026.

  Exhibit 99.1 view on EDGAR →