1.2GW capacity target 2027
Company: IREN
The claim, verbatim
IREN targets expansion to 1.2GW gross AI Cloud capacity by end of 2027.
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: “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 source states IREN targets 1.2GW gross AI Cloud capacity in 2027.
Confirmed in the source:
- IREN targets expansion to 1.2GW gross AI Cloud capacity in 2027
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: “1.2GW (gross) AI Cloud capacity in 2027”