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IREN delivers first of four AI cloud deployments to Microsoft under $9.7 billion deal | GN Media

blockchainThe Block

IREN delivers first of four AI cloud deployments to Microsoft under $9.7 billion deal

August 17, 2026

IREN is targeting 480 MW of AI cloud capacity in 2026 and 1.2 gigawatts by 2027 as it continues to pivot away from bitcoin mining.

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