IREN Delivers Horizon 1, Achieves NVIDIA Exemplar Cloud Status

IREN Limited (NASDAQ: IREN) announced that it has delivered Horizon 1 to Microsoft and achieved NVIDIA Exemplar Cloud status on GB300 NVL72. The delivery of Horizon 1 marks a significant milestone in the company's five-year, $9.7 billion cloud services contract with Microsoft.

Horizon 1 is one of four 50MW direct-to-chip liquid cooled AI Cloud deployments scheduled for delivery to Microsoft at IREN's Childress, Texas campus this year. The rapid delivery of Horizon 1 reflects the agility of IREN's vertically integrated model, which provides end-to-end control across design, engineering and construction of data centers.

IREN's achievement of NVIDIA Exemplar Cloud status was recognized following NVIDIA's testing of its GB300 NVL72 deployment at Horizon 1. This designation demonstrates IREN's ability to support demanding AI workloads with performance, reliability and scale.