AI cloud capacity target for 2027
Company: IREN
The claim, verbatim
IREN targets roughly 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 October 10, 2026. The cited source supports every part of this claim.
The article says IREN plans to deliver about 480 MW of AI cloud capacity by the end of 2026 and targets roughly 1.2 GW in 2027.
Confirmed in the source:
- IREN targets roughly 1.2 GW of AI cloud capacity in 2027
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”
confirms IREN Stock Jumps 10% After Microsoft, NVIDIA AI Infrastructure Wins - The Crypto Times
Quote: “IREN has said it is targeting 480MW of gross AI Cloud capacity by the end of 2026 and 1.2GW in 2027”