AI cloud capacity expansion to 1.2 GW by 2027
Company: IREN
The claim, verbatim
AI cloud capacity is 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, signaling aggressive expansion”
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, signaling aggressive expansion”