Aterio flags delivery risks at IREN and Nebius Microsoft projects
Aterio's October 21st flyover found unfinished work at IREN's Texas campus. Business Insider reported that Aterio estimates roughly 140 MW at Nebius's New Jersey project could slip into 2027.
By RuntimeWire Staff · Published
Primary source: Business Insider
Why it matters
Microsoft is paying younger infrastructure companies billions for GPU capacity it needs quickly, so a visible construction lag becomes a test of whether IREN and Nebius can convert headline contracts into accepted, revenue-producing data centers on hyperscaler timelines.
IREN co-founder and co-chief executive Daniel Roberts and Nebius founder Arkady Volozh are facing a delivery test at projects covered by their companies' multibillion-dollar Microsoft contracts.…
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