jain.com

AI Cloud annualized run-rate revenue target

Company: IREN

Subject kind
guidance
Statement date
2026-08-31
Promised by
2026-12-31
Promised amount
4000.0 USD
Current status
stated

The claim, verbatim

Management targets more than $4 billion in AI Cloud annualized run-rate revenue by year-end 2026, with roughly 85% already under contract

Source (primary)

IREN delivers first AI data center to Microsoft as short interest hits 26% - scanx.trade (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗

Quote: “Management now targets more than $4 billion in AI Cloud annualized run-rate revenue by year-end, with roughly 85% already under contract”

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 delivers first AI data center to Microsoft as short interest hits 26% - scanx.trade

Quote: “Management now targets more than $4 billion in AI Cloud annualized run-rate revenue by year-end, with roughly 85% already under contract”

View cached copy (2026-09-05)Live source ↗Archive.org ↗