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IREN has delivered the first of four AI cloud deployments to Microsoft under their $9.7 billion agreement.

Validates the rapid monetization path for converted mining assets and signals sustained hyperscaler demand for third-party AI compute capacity.
Trade pressSlicast · August 17, 2026 at 19:54 UTC · US · Source: The Block
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IREN has delivered the first of four AI cloud… · Slicast