1.2 gigawatt AI cloud capacity target for 2027
Company: IREN
The claim, verbatim
IREN targets 1.2 gigawatts of gross AI cloud capacity in 2027
Source (primary)
IREN Rallies 6% as Microsoft Signs Off on Horizon 1, NVIDIA Grants Exemplar Cloud Status - 24/7 Wall St. (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “IREN targets 480MW of gross AI cloud capacity in 2026 and 1.2GW in 2027”
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 Rallies 6% as Microsoft Signs Off on Horizon 1, NVIDIA Grants Exemplar Cloud Status - 24/7 Wall St.
Quote: “IREN targets 480MW of gross AI cloud capacity in 2026 and 1.2GW in 2027”