jain.com

480 MW capacity target by end-2026

Company: IREN

Subject kind
facility capacity
Statement date
2026-08-13
Promised by
2026-12-31
Promised amount
480.0 MW
Current status
stated

The claim, verbatim

IREN targets 480 megawatts of gross AI Cloud capacity by the end of 2026

Source (primary)

IREN Shares Surge as Microsoft Accepts First AI Data Center Under $9.7 Billion Pact - finance.biggo.com (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “The company said it remains on track to reach 480 megawatts of gross AI Cloud capacity by the end of 2026”

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 Shares Surge as Microsoft Accepts First AI Data Center Under $9.7 Billion Pact - finance.biggo.com

Quote: “The company said it remains on track to reach 480 megawatts of gross AI Cloud capacity by the end of 2026”

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