2027 AI Cloud capacity target
Company: IREN
The claim, verbatim
IREN targets expansion to 1.2GW (gross) AI Cloud capacity in 2027
Source (primary)
IREN Limited (NASDAQ: IREN) delivers Horizon 1 to Microsoft and secures NVIDIA Exemplar Cloud status - Stock Titan (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “IREN continues to target a broader expansion to 480MW (gross) AI Cloud capacity in 2026 and 1.2GW (gross) AI Cloud capacity in 2027”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states IREN targets 1.2GW (gross) AI Cloud capacity in 2027.
Confirmed in the source:
- IREN targets 1.2GW (gross) AI Cloud capacity in 2027
What we did: Read our cached copy of the publisher (https://www.stocktitan.net/sec-filings/IREN/8-k-iren-ltd-reports-material-event-e67c1bd9fff6.html) in full (17,921 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Limited (NASDAQ: IREN) delivers Horizon 1 to Microsoft and secures NVIDIA Exemplar Cloud status - Stock Titan
Quote: “IREN continues to target a broader expansion to 480MW (gross) AI Cloud capacity in 2026 and 1.2GW (gross) AI Cloud capacity in 2027”