2026 AI Cloud annualized run-rate revenue target
Company: IREN
The claim, verbatim
IREN raised its year-end 2026 AI Cloud annualized run-rate revenue target to more than $4 billion, with approximately 85% under contract
Source (primary)
IREN Stock Jumps 10% After Microsoft, NVIDIA AI Infrastructure Wins - The Crypto Times (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “IREN raised its year-end 2026 AI Cloud annualized run-rate revenue target to more than $4 billion, from $3.7 billion. The company said about 85% of that target was 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 Stock Jumps 10% After Microsoft, NVIDIA AI Infrastructure Wins - The Crypto Times
Quote: “IREN raised its year-end 2026 AI Cloud annualized run-rate revenue target to more than $4 billion, from $3.7 billion. The company said about 85% of that target was under contract”