jain.com

480MW AI Cloud capacity target for 2026

Company: IREN

Subject kind
guidance
Statement date
2026-08-12
Promised by
2026-12-31
Promised amount
480.0 MW
Current status
stated

The claim, verbatim

IREN targets a broader expansion to 480MW (gross) AI Cloud capacity in 2026

Source (primary)

iren 8-K exhibit (ef20080141_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-08-30)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 document states this target explicitly.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036126032638/ef20080141_ex99-1.htm) in full (4,813 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms iren 8-K exhibit (ef20080141_ex99-1.htm)

Quote: “IREN continues to target a broader expansion to 480MW (gross) AI Cloud capacity in 2026”

View cached copy (2026-08-30)Live source ↗