📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $IREN(IREN.US) IREN Delivers Horizon 1 AI Cloud to Microsoft, Achieves NVIDIA Exemplar Cloud Status - $Microsoft(MSFT.US) $NVIDIA(NVDA.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗜𝗥𝗘𝗡's Horizon 1 has been delivered to and accepted by 𝗠𝗶𝗰𝗿𝗼𝘀𝗼𝗳𝘁.

➤ Horizon 1 represents 𝟱𝟬𝗠𝗪 of liquid-cooled AI Cloud capacity.

➤ Deployment is first of four 𝟱𝟬𝗠𝗪 facilities scheduled for 𝟮𝟬𝟮𝟲.

➤ Projects support IREN's five-year, $𝟵.𝟳 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 Microsoft cloud services contract.

➤ IREN achieved 𝗡𝗩𝗜𝗗𝗜𝗔 𝗘𝘅𝗲𝗺𝗽𝗹𝗮𝗿 𝗖𝗹𝗼𝘂𝗱 status on GB300 NVL72.

➤ NVIDIA tested IREN's 𝗚𝗕𝟯𝟬𝟬 𝗡𝗩𝗟𝟳𝟮 deployment at Horizon 1.

➤ IREN targets 𝟰𝟴𝟬𝗠𝗪 gross AI Cloud capacity during 𝟮𝟬𝟮𝟲.

➤ AI Cloud capacity is targeted to reach 𝟭.𝟮𝗚𝗪 gross in 𝟮𝟬𝟮𝟳.

➤ Horizons 𝟮–𝟰 remain scheduled for delivery later this year.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Microsoft acceptance marks execution progress on IREN's $𝟵.𝟳 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 contract.

➤ NVIDIA status validates IREN's infrastructure for demanding 𝗔𝗜 workloads at scale.

➤ Horizon 1 demonstrates IREN's ability to rapidly deploy advanced 𝗹𝗶𝗾𝘂𝗶𝗱-𝗰𝗼𝗼𝗹𝗲𝗱 infrastructure.

➤ Planned 𝟭.𝟮𝗚𝗪 capacity could significantly expand IREN's AI infrastructure footprint.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗗𝗮𝗻𝗶𝗲𝗹 𝗥𝗼𝗯𝗲𝗿𝘁𝘀, Co-Founder and Co-CEO of IREN:

“Delivering Horizon 1 demonstrates the strength of our vertically integrated model and our ability to execute complex AI infrastructure projects at speed and scale.I want to congratulate and thank the more than 3,000 people across our site team whose expertise, commitment and execution made this milestone possible.We look forward to building on this momentum with Microsoft as we work to deliver Horizons 2-4 later this year.”