jain.com

2027 AI Cloud capacity target

Company: IREN

Subject kind
facility capacity
Statement date
2026-09-18
Promised by
2027-12-31
Promised amount
1.2 GW
Current status
stated

The claim, verbatim

Targeting 1.2 GW of AI Cloud capacity in 2027

Source (primary)

Northland starts IREN at Outperform with $99 target, implying 128% upside - t.co (-, news_article)
View cached copy (2026-09-25)Live source ↗Archive.org ↗

Quote: “is targeting 1.2 GW in 2027”

How we checked this

Checked on September 27, 2026. The cited source supports every part of this claim.

The article says that after 480 MW of AI Cloud capacity in 2026, IREN is targeting 1.2 GW in 2027.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://t.co/I12mT3FX2r) in full (8,772 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.

Additional evidence

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

Quote: “is targeting 1.2 GW in 2027”

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