480MW capacity target 2026
Company: IREN
The claim, verbatim
IREN targets expansion to 480MW gross AI Cloud capacity by end of 2026.
Source (primary)
Microsoft Accepts IREN's First of Four 50MW AI Deployments - 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”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The source states IREN continues to target 480MW gross AI Cloud capacity in 2026.
Confirmed in the source:
- IREN targets expansion to 480MW gross AI Cloud capacity in 2026
What we did: Read our cached copy of the publisher (https://www.stocktitan.net/news/IREN/iren-delivers-horizon-1-to-microsoft-and-achieves-nvidia-exemplar-12sdoc82j9x8.html) in full (16,810 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Microsoft Accepts IREN's First of Four 50MW AI Deployments - Stock Titan
Quote: “IREN continues to target a broader expansion to 480MW (gross) AI Cloud capacity in 2026”