AI Fund Flows

Microsoft → Iren: $9.7B cloud & services

Microsoft signs $9.7 billion with IREN. Five-year AI cloud contract at IREN's Childress campus (Texas).

This deal is 5% of everything Microsoft pays and 63% of everything Iren receives in this database.

Date
Nov 3, 2025
Paid by
Microsoft
Received by
Iren
Type
Cloud & services
Amount
$9.7B
Status
announced
Note
5 years, GB300s in Texas

Sources

All deals between Microsoft and Iren

More Microsoft / Iren deals

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