IREN Completes First AI Cloud Deployment for Microsoft

IREN Limited has successfully delivered its first 50MW AI Cloud deployment, named Horizon 1, to Microsoft as part of a five-year, $9.7 billion contract. This deployment, which is liquid-cooled and designed for high-performance AI workloads, marks a significant milestone for IREN, as it also achieved NVIDIA Exemplar Cloud status, indicating its capability to handle demanding AI tasks effectively.