jain.com

AI cloud GPU fleet in operation

Company: IREN

Subject kind
product
Statement date
2025-03-19
Promised amount
1896.0 units
Current status
stated

The claim, verbatim

IREN's going-concern forecast assumes 1,896 GPUs in operation for AI cloud services from 1 December 2024, with revenue based on existing contracted prices and recent market pricing.

Source (primary)

iren 8-K exhibit (iren-20240930_d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗

Quote: “1,896 GPUs in operation from 1 December 2024, with projected revenue based on existing contracted prices and recent market pricing of AI cloud services provided to customers”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms iren 8-K exhibit (iren-20240930_d2.htm)

Quote: “1,896 GPUs in operation from 1 December 2024, with projected revenue based on existing contracted prices and recent market pricing of AI cloud services provided to customers”

View cached copy (2026-10-18)Live source ↗