jain.com

1.2GW cloud capacity target for 2027

Company: IREN

Subject kind
facility capacity
Statement date
2026-09-02
Promised by
2027-12-31
Promised amount
1200.0 MW
Current status
stated

The claim, verbatim

Targeting 1.2GW of self-built AI Cloud capacity in 2027

Source (primary)

IREN Stock Extends Rally After $2.8B AI Contracts Disclosure: Goldman Sachs Lauds Customer Diversification, Keeps ‘Neutral’ Rating - Stocktwits (-, news_article)
View cached copy (2026-09-06)Live source ↗Archive.org ↗

Quote: “1.2GW targeted for 2027”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The CEO quote frames 1.2GW targeted for 2027 within its self-built AI Cloud capacity expansion.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/iren-stock-extends-rally-after-2-8-b-ai-contracts-disclosure-goldman-sachs-lauds-customer-diversification-keeps-neutral-rating/cZZSGjTR7HV) in full (5,252 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN Stock Extends Rally After $2.8B AI Contracts Disclosure: Goldman Sachs Lauds Customer Diversification, Keeps ‘Neutral’ Rating - Stocktwits

Quote: “1.2GW targeted for 2027”

View cached copy (2026-09-06)Live source ↗Archive.org ↗