ConfirmedCompute rental
Microsoft buys from IREN
IREN signed a five-year, ~$9.7 billion GPU cloud services contract — including a 20% prepayment — giving Microsoft access to NVIDIA GB300 GPUs deployed in phases through 2026 at IREN's Childress, Texas campus.
- Buyer
- Microsoft
- Seller
- IREN
- Announced
- Nov 2025
- Headline value
- $9.7B
- Type
- Compute rental
- Power
- 200 MW
- Term
- 5 years, deployments phased through 2026
- Hardware
- NVIDIA GB300 GPUs at IREN's Childress, Texas campus (200 MW critical IT load)
Sources
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