Funding plan for AI infrastructure expansion
Company: IREN
The claim, verbatim
IREN's funding plan includes $14 billion in cash, GPU financing, and customer prepayments, plus an additional $8 billion in targeted financing for GPUs and data center infrastructure
Source (primary)
IREN Targets Up to $30 Billion in AI Infrastructure Spending for Fiscal 2027 - finance.biggo.com (-, news_article)
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Quote: “IREN said its funding plan includes roughly $14 billion in cash, existing GPU financing, and customer prepayments. It is also pursuing an additional $8 billion of financing tied to GPUs and data center infrastructure.”
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Additional evidence
confirms IREN Targets Up to $30 Billion in AI Infrastructure Spending for Fiscal 2027 - finance.biggo.com
Quote: “IREN said its funding plan includes roughly $14 billion in cash, existing GPU financing, and customer prepayments. It is also pursuing an additional $8 billion of financing tied to GPUs and data center infrastructure.”