>$4B AI Cloud revenue by year-end
Company: IREN
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 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: “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 Shares Surge as Microsoft Accepts First AI Data Center Under $9.7 Billion Pact - finance.biggo.com
Quote: “Management now targets more than $4 billion in AI Cloud annualized run-rate revenue by year-end, with roughly 85% already under contract”