480 MW capacity target by end-2026
Company: IREN
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
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states IREN remains on track to reach 480 megawatts of gross AI Cloud capacity by the end of 2026.
Confirmed in the source:
- IREN targets 480 megawatts of gross AI Cloud capacity by the end of 2026
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/1a9b275f-b452-45e8-ae79-3382233c4a74) in full (7,218 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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”