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IREN delivers to Microsoft an AI-dedicated data center under a $9.7 billion contract

IREN completes Horizon 1, the first data center of its AI contract with Microsoft.

Published 3j1 sourceNotable
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The fact

The project targets an annual run rate of $1.94 billion by 2027.

This delivery marks a strategic shift from Bitcoin mining to AI infrastructure.

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Why it matters

Ce contrat positionne IREN comme un acteur clé de l'infrastructure IA, avec un impact potentiel sur les marchés du cloud et de l'énergie, notamment aux États-Unis où Microsoft déploie ses capacités.

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