AI cloud capacity expansion to 1.2 GW by 2027
Company: IREN
The claim, verbatim
AI cloud capacity expected to increase from 480 MW in 2026 to 1.2 GW by 2027
Source (primary)
IREN stock surges 9.11% as 85% of $4B ARR target is under contract - scanx.trade (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗
Quote: “AI cloud capacity is expected to increase from 480 MW this year to 1.2 GW by 2027”
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 stock surges 9.11% as 85% of $4B ARR target is under contract - scanx.trade
Quote: “AI cloud capacity is expected to increase from 480 MW this year to 1.2 GW by 2027”