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Get filing alertsIREN delivers first Microsoft data center, achieves NVIDIA Exemplar Cloud status
Filed August 13, 2026 · Period ending August 13, 2026 · ~1 min read
Key Changes
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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 → -
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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 → -
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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 →
Summary
IREN completed delivery of Horizon 1 to Microsoft, marking the first milestone under a five-year, $9.7 billion cloud services contract announced in November 2025. Microsoft has accepted the 50MW direct-to-chip liquid cooled AI Cloud deployment at IREN's Childress, Texas campus. The company also achieved NVIDIA Exemplar Cloud status on GB300 NVL72 infrastructure following NVIDIA's testing, a technical validation that positions IREN as a recognized provider of high-performance AI cloud infrastructure.
The Horizon 1 delivery demonstrates execution on a major customer commitment, with three additional 50MW deployments scheduled for Microsoft at the same campus later in 2026. IREN reaffirmed its broader expansion targets of 480MW gross AI Cloud capacity in 2026 and 1.2GW in 2027. For retail holders, the successful delivery and acceptance by Microsoft, combined with NVIDIA's technical certification, validates IREN's ability to execute on large-scale AI infrastructure deployments and supports the company's aggressive capacity expansion roadmap.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Item 7.01 — Regulation FD Disclosure filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
the delivery to, and acceptance by Microsoft of Horizon 1
IREN completed delivery of Horizon 1 to Microsoft, and Microsoft has accepted it. This represents a milestone in IREN's relationship with Microsoft, indicating successful execution of a customer deliverable.
Added in current filing · verify on EDGAR →
its achievement of NVIDIA Exemplar Cloud Status on GB300 NVL72
IREN achieved NVIDIA Exemplar Cloud Status on GB300 NVL72 infrastructure. This certification from NVIDIA validates IREN's technical capabilities and positions the company as a recognized provider of high-performance cloud infrastructure using NVIDIA's latest GB300 NVL72 platform.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
IREN continues to target a broader expansion to 480MW (gross) AI Cloud capacity in 2026 and 1.2GW (gross) AI Cloud capacity in 2027.
IREN reaffirmed its expansion targets for AI Cloud capacity, aiming for 480MW gross capacity in 2026 and 1.2GW gross capacity in 2027. These targets represent significant scaling of the company's AI infrastructure platform.
Added in current filing · view on EDGAR →
Horizon 1 is the first of four 50MW (IT load) direct-to-chip liquid cooled AI Cloud deployments scheduled for delivery to Microsoft at IREN’s Childress, Texas campus in 2026 under a five-year, $9.7bn cloud services contract announced in November 2025.
The filing provides context on the Microsoft relationship, noting that Horizon 1 is the first of four 50MW deployments planned for 2026 at the Childress, Texas campus under a five-year, $9.7 billion cloud services contract. Three additional Horizon deployments (Horizons 2-4) are scheduled for delivery later in 2026.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 14, 2026 · How we verify