Iren delivers first 50 MW AI cloud unit to Microsoft
Iren has delivered its first 50 MW liquid-cooled AI cloud facility to Microsoft in Texas. This delivery is the first of four to be completed during 2026.

What happened?
Australian AI infrastructure company Iren has delivered and received approval for Horizon 1, a 50 MW IT-load direct-to-chip liquid-cooled AI cloud deployment, to Microsoft. The facility is located at Iren's campus in Childress, Texas. Horizon 1 constitutes the first of four planned 50 MW deliveries to Microsoft throughout 2026.
Key facts
| Kapacitet Horizon 1 | 50 MW IT-load |
|---|---|
| Kontraktsvärde | 9,7 miljarder USD |
| Avtalslängd | 5 år |
| Plats | Childress, Texas |
Why it matters
The transaction is the first partial delivery under a five-year agreement worth 9.7 billion USD concluded in November 2025. This confirms the ongoing expansion of large-scale, liquid-cooled computing capacity for advanced AI models.
Who is affected?
The delivery primarily concerns Microsoft and its corporate clients utilizing large-scale AI infrastructure in the cloud. Construction and operations are managed by Iren at their data centre in Texas.
Impact on the EU
Deployments are conducted in Texas, USA, but the infrastructure supports Microsoft's global cloud services. Currently, there are no specific EU restrictions preventing the operation of this type of computing capacity.
What else you should know
The agreement spans five years and has a total value of 9.7 billion USD. Three additional 50 MW phases are scheduled to be completed for Microsoft during 2026.
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