Form 8-K · Current Report · Filed 2026-08-13
IREN Delivers Horizon 1 to Microsoft and Achieves NVIDIA Exemplar Cloud Status
IREN Limited has delivered Horizon 1, the first of four 50MW AI Cloud deployments, to Microsoft under a five-year, $9.7bn cloud services contract.
- Filer
- Iren Ltd. IREN · NASDAQ
- Filed
- Accession
- 0001140361-26-032638
- CIK
- 0001878848
- Signal
- Medium impactFinancial Services
- Source
- Official filing on sec.gov ↗
Details
IREN has also achieved NVIDIA Exemplar Cloud status on GB300 NVL72, demonstrating its ability to support demanding AI workloads. The company continues to target a broader expansion to 480MW AI Cloud capacity in 2026 and 1.2GW AI Cloud capacity in 2027.
Items reported
Reported Item
Market reaction
Close before filing
$43.67
Since filing
+0.0%
Latest close
$43.67
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Previous filings from IREN reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, IREN insiders reported 9 Form 4 transactions — flat net activity.
About Iren Ltd.
Iren Ltd. is an energy company primarily engaged in the generation, distribution, and sale of electricity, heat, and gas throughout Italy. The company plays a crucial role in providing essential energy services to residential, commercial, and industrial sectors. It is a key player in the Italian energy market with a diverse portfolio that includes renewable energy sources, thus contributing to the country’s energy transition and sustainability goals. Iren Ltd. also actively participates in the development and management of integrated water services and environmental services, offering solutions for waste collection, treatment, and disposal. With its strategic focus on innovation and energy efficiency, the company is dedicated to enhancing its infrastructure and service quality. Iren Ltd.'s initiatives in smart city solutions and district heating projects further underscore its commitment to technological advancement and environmental sustainability. As an integral part of the Italian utility sector, Iren Ltd. works to balance energy demand with ecological responsibility, supporting the modernization of urban areas and contributing to the overall stability and development of the regional energy landscape.
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