jain.com

2026 AI Cloud capacity delivery

Company: IREN

Subject kind
facility capacity
Statement date
2026-09-18
Promised by
2026-12-31
Promised amount
480.0 MW
Current status
stated

The claim, verbatim

IREN plans to deliver 480 MW of gross AI Cloud capacity during 2026

Source (primary)

Northland starts IREN at Outperform with $99 target, implying 128% upside - Yahoo Finance (-, news_article)
View cached copy (2026-09-21)Live source ↗

Quote: “plans to deliver 480 MW of gross AI Cloud capacity during 2026”

How we checked this

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

The article states directly that IREN plans to deliver 480 MW of gross AI Cloud capacity during 2026.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/northland-starts-iren-outperform-99-135457164.html) in full (9,648 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Northland starts IREN at Outperform with $99 target, implying 128% upside - Yahoo Finance

Quote: “plans to deliver 480 MW of gross AI Cloud capacity during 2026”

View cached copy (2026-09-21)Live source ↗

confirms Northland starts IREN at Outperform with $99 target, implying 128% upside - t.co

Quote: “The operator plans to deliver 480 MW of gross AI Cloud capacity during 2026”

View cached copy (2026-09-25)Live source ↗Archive.org ↗