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Year-End Power Capacity Target

Company: IREN

This claim was withdrawn on September 10, 2026. In the comparison table the "5GW year-end target" is listed in the Nebius column while IREN's entry is a "5GW+ pipeline," so the claim misattributes the year-end target to IREN.

How this was decided: Evidence review against the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
facility capacity
Statement date
2026-09-09
Promised by
2026-12-31
Promised amount
5000.0 MW
Current status
withdrawn

The claim, verbatim

IREN targets 5 gigawatts of power capacity by year-end 2026

Source (primary)

Pure-Play AI Cloud vs. Energy-Driven Infrastructure: Nebius Scale Meets IREN Limited’s Efficiency - Yahoo Finance (-, news_article)
View cached copy (2026-09-10)Live source ↗Archive.org ↗

Quote: “5GW year-end target”

How we checked this

Checked on September 20, 2026. The cited source does not support this claim.

In the document's comparison table, the '5GW year-end target' is listed under Nebius, not IREN; IREN's entry is a '5GW+ pipeline', so this figure is misattributed to IREN.

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/pure-play-ai-cloud-vs-144135505.html) in full (12,179 characters, retrieved September 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Pure-Play AI Cloud vs. Energy-Driven Infrastructure: Nebius Scale Meets IREN Limited’s Efficiency - Yahoo Finance

Quote: “5GW year-end target”

View cached copy (2026-09-10)Live source ↗Archive.org ↗

Record of changes

September 10, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 10, 2026 — withdrawn
Evidence review against the cited source. In the comparison table the "5GW year-end target" is listed in the Nebius column while IREN's entry is a "5GW+ pipeline," so the claim misattributes the year-end target to IREN.