jain.com

1.2 GW AI Cloud capacity by 2027

Company: IREN

Subject kind
facility capacity
Statement date
2026-08-18
Promised by
2027-12-31
Promised amount
1200.0 MW
Current status
stated

The claim, verbatim

IREN targeted 1.2 GW of AI Cloud capacity for 2027

Source (primary)

CRWV vs NBIS vs IREN: Which Neocloud Operator To Bet On Right Now? - Asianet Newsable (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “with 1.2 GW targeted for 2027”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states 1.2 GW is targeted for 2027 for IREN.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://newsable.asianetnews.com/markets/crwv-vs-nbis-vs-iren-which-neocloud-operator-to-bet-on-right-now-articleshow-g28g2wv) in full (7,836 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CRWV vs NBIS vs IREN: Which Neocloud Operator To Bet On Right Now? - Asianet Newsable

Quote: “with 1.2 GW targeted for 2027”

View cached copy (2026-08-31)Live source ↗