Iren confirms delay at Texas data centre for Microsoft, narrows losses

Iren has confirmed delays at a data centre in Texas that it is building for Microsoft, as it delivered a quarterly net loss of $380 million and its shares slid in US markets.

The Nasdaq-listed company, whose result narrowed to a net loss of $US263 million from $US385 million a year earlier, was founded by Australian brothers Daniel and Will Roberts.

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