jain.com

AI cloud capacity target for 2027

Company: IREN

Subject kind
facility capacity
Statement date
2026-08-13
Promised by
2027-12-31
Promised amount
1.2 GW
Current status
stated

The claim, verbatim

IREN targets approximately 1.2 GW of AI cloud capacity in 2027

Source (primary)

AI Data Center Stocks Rally: Why CRWV, NBIS, IREN and APLD Are Surging Together - MEXC (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “targets roughly 1.2 GW 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 roughly 1.2 GW in 2027.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.mexc.co/crypto-pulse/article/ai-data-center-stocks-rally-138396) in full (33,450 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms AI Data Center Stocks Rally: Why CRWV, NBIS, IREN and APLD Are Surging Together - MEXC

Quote: “targets roughly 1.2 GW in 2027”

View cached copy (2026-08-31)Live source ↗