Overview
IREN (formerly Iris Energy) is a NASDAQ-listed operator of renewable-powered data centers, founded in Sydney in 2018, that has expanded from bitcoin mining into a large-scale NVIDIA GPU cloud. Its IREN AI Cloud rents H100, H200, B200, B300 and liquid-cooled GB300 NVL72 systems from campuses in Childress, Texas and British Columbia, and it holds Preferred NVIDIA Cloud Partner status.
In November 2025 it signed a roughly $9.7B, five-year AI cloud contract with Microsoft and has announced GPU purchases toward a target fleet of about 150,000 GPUs.
Verified record
- Verified deployments
- None on file
- Active incidents
- None on file
Key facts
Type
Founded
Headquarters
Founders
Compute
Partner status
Anchor tenant
Power capacity (planned)
GPU fleet (announced)
ClusterMAX 3.0 Underperforming (Sep 2026)
Data & sources
Press releases
1
Web sources
5
6 sources backing this record.View all →
Partnerships
Every company IREN has built with, alongside the ones only announced in a press release.
Relationships
Current leadership (2)
- Daniel Roberts Co-CEOsecondary-verified
- Will Roberts Co-CEOsecondary-verified
Safety record
No incidents on record for IREN.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
IREN on the data-center map
Every verified data center IREN operates that has a mapped coordinate (9 total). Filled circles are Tier-2 facilities and Tier-1 campuses under this operator; click any pin to open its record.
IREN data centers (9)
- IREN Sweetwater AI Campus (Sweetwater 1 & 2)Sweetwater · under construction
- IREN Oklahoma Data CenterKiowa · 1600 MW
- IREN Sweetwater 1Sweetwater · 1400 MW
- Sweetwater 1 Data CenterSweetwater · 1400 MW
- Childress Data CenterChildress · 750 MW
- IREN ChildressChildress · 750 MW
- IREN Childress Data CenterChildress · 750 MW
- IREN Sweetwater 2Sweetwater · 600 MW
- Sweetwater 2 Data CenterSweetwater · 600 MW
AI data centers IREN operates or is a party to, from the DEPLOY data center registry.
Recent coverage
IREN in third-party press
Financial state
- Reporting basis
- aggregator_estimate
- Lifecycle stage
- early
- Counterparty risk class
- unknown
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Partnerships
4 total · 2 operating · 1 just announced
Every company IREN has built with, alongside the ones only announced in a press release.
Most recent
All 4 partnerships
open in the atlas →- iren x awswithAWS976technology—operating
- iren x nvidiawithNVIDIA1112technology—operating
- technology—just announced
- technology—inferred
Recent activity
Every change to this record is dated, sourced, and independently verified where marked.
- Record createdAug 18, 2026
Added to the verified registry
Sources (6)
- https://irisenergy.gcs-web.com/news-releases/news-release-details/iren-secures-97bn-ai-cloud-contract-microsoft · 2025-11-01
- https://www.globenewswire.com/news-release/2025/08/28/3141102/0/en/IREN-Expands-AI-Cloud-to-10-9k-GPUs-with-NVIDIA-Preferred-Partner-Status-and-Additional-Financing-Secured.html · 2025-08-28
- https://www.globenewswire.com/news-release/2026/08/27/3352401/0/en/iren-reports-fy26-results.html · 2026-08-27
- https://newsletter.semianalysis.com/p/clustermax-30-the-industry-standard · 2026-09-23
- https://www.clustermax.ai/cloudreview/irenirisenergy · 2026-09-23
- https://x.com/SemiAnalysis_/status/2102871810123383166 · 2026-09-23
Common questions
What is IREN?
What does IREN make?
Is IREN publicly traded?
Who is the CEO of IREN?
How can I invest in IREN?
Where is IREN headquartered?
Who owns IREN?
Is IREN a top robotics company?
When was IREN founded?
Is IREN safe?
Methodology: Verified · 6 sources (1 primary) · last reviewed 2026-09-24
Verification posture
Verified
High confidence
Review state
Stable
Last reviewed 2026-09-24
Sources by quality tier
- 5
- unclassified
- Unclassified source
- 1
- primary-company-ir
- Company IR disclosure
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for IREN.In the press
Recent coverage mentioning IREN from third-party publications. Automatically surfaced; not part of the verified registry record.
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IREN 1D
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Machine-readable surfaces
- Markdown mirror: /companies/iren.md
- RSS feed: /companies/iren/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/8dd69e9f-155a-495a-ad25-d311161e292c
- Revision history: /companies/iren/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Heat Index
Serious54/100
A composite of competitive footprint, funding, press velocity, active partnerships, and supply-chain edges. Different from the Intelligence score below (which is per-form-factor productization). Non-robotics companies cap at 25.
Reality vs attention
Not enough verified signal yet to place IREN against peers. Reality and attention percentiles publish once the underlying record clears its data floor.
6-month trend
Analysis
Limited public funding data for capital position assessment.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Oct 2, 2026
Appears in DEPLOY reports