jain.com

AI Cloud Services revenue growth

Company: IREN

Subject kind
product
Statement date
2026-08-27
Promised amount
70.5 million USD
Current status
verified

The claim, verbatim

AI Cloud Services revenue more than doubled sequentially to $70.5 million

Source (primary)

TeraWulf Drops 4% on Profit Taking After a 44% YTD Run; Applied Digital Falls 3%, IREN Pulls Back - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-11)Live source ↗Archive.org ↗

Quote: “AI Cloud Services revenue more than doubling sequentially to $70.5 million”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The article states that IREN's AI Cloud Services revenue more than doubled sequentially to $70.5 million in its Q4 FY2026 report.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/10/terawulf-drops-4-on-profit-taking-after-a-44-ytd-run-applied-digital-falls-3-iren-pulls-back/) in full (11,900 characters, retrieved September 11, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf Drops 4% on Profit Taking After a 44% YTD Run; Applied Digital Falls 3%, IREN Pulls Back - 24/7 Wall St.

Quote: “AI Cloud Services revenue more than doubling sequentially to $70.5 million”

View cached copy (2026-09-11)Live source ↗Archive.org ↗

confirms TeraWulf Drops 4% on Profit Taking After a 44% YTD Run; Applied Digital Falls 3%, IREN Pulls Back - AOL.ca

Quote: “with AI Cloud Services revenue more than doubling sequentially to $70.5 million”

View cached copy (2026-09-13)Live source ↗

Record of changes

September 11, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.