Published Aug 17, 2026, 2:29 PM ET · Updated 3 months ago · 2 sources

THE BLOCK: IREN delivered the first of four 50-megawatt AI cloud deployments to Microsoft under its five-year, $9.7 billion contract. $IREN shares rose 3.3% Monday after the company also secured Nvidia Exemplar Cloud status.

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Original Report

THE BLOCK: IREN delivered the first of four 50-megawatt AI cloud deployments to Microsoft under its five-year, $9.7 billion contract. $IREN shares rose 3.3% Monday after the company also secured Nvidia Exemplar Cloud status.