AI cloud GPUs installed
Company: IREN
The claim, verbatim
The company has 1,896 GPUs installed for AI cloud services, with revenue projected from existing contracted prices and recent market pricing.
Source (primary)
iren 8-K exhibit (iren-20250331_d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗
Quote: “1,896 GPUs installed with projected revenue based on existing contracted prices and recent market pricing of AI cloud services provided to customers”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
Note 2's going-concern assumptions state the 1,896 installed GPUs and the basis for projected AI cloud revenue.
Confirmed in the source:
- The company has 1,896 GPUs installed
- The GPUs are used for AI cloud services provided to customers
- Projected revenue is based on existing contracted prices and recent market pricing of AI cloud services
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000043/iren-20250331_d2.htm) in full (68,582 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (iren-20250331_d2.htm)
Quote: “1,896 GPUs installed with projected revenue based on existing contracted prices and recent market pricing of AI cloud services provided to customers”