IREN has delivered its first 50-megawatt AI cloud facility, Horizon 1, in Childress, Texas, to Microsoft under a $9.7 billion, five-year contract, with Microsoft formally accepting the deployment. The…
IREN Ltd. shares rose more than 12% after the AI cloud infrastructure provider delivered the first phase of its Microsoft deployment and secured Nvidia Exemplar Cloud status. The company completed Hor…
Meta's AI moderation system has wrongfully deleted over 60,000 accounts since March, when the company automated enforcement and appeals, leaving users with no human recourse. Camille Hanson lost her E…
IREN has signed $2.8 billion in new multi-year AI cloud services contracts with Microsoft, Nvidia, Perplexity and Figure AI, pushing its year-end 2026 AI cloud revenue target from $3.7 billion to over…
IREN said on July 20 that $2.8 billion in new multi-year AI cloud contracts lifted its year-end 2026 annualized run-rate revenue target from $3.7 billion to more than $4 billion, with about 85% of the…
The Golden State Warriors announced a jersey sponsorship deal with IREN, an AI cloud provider, worth $50 million per year. Warriors owner Joe Lacob said the team is embracing AI across the organizatio…
IREN shares rose in postmarket trading Tuesday after the data company secured a $1.6 billion agreement with Dell for air-cooled Blackwell systems, supporting its AI cloud contract with Nvidia. The dea…