AI infrastructure capex plan for fiscal 2027
Company: IREN
The claim, verbatim
Plans to spend between $25 billion and $30 billion on AI cloud infrastructure in fiscal 2027
Source (primary)
IREN Targets Up to $30 Billion in AI Infrastructure Spending for Fiscal 2027 - finance.biggo.com (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “plans to spend between $25 billion and $30 billion on AI cloud infrastructure in fiscal 2027”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article states IREN plans to spend $25 billion to $30 billion on AI cloud infrastructure in fiscal 2027.
Confirmed in the source:
- IREN plans to spend between $25 billion and $30 billion on AI cloud infrastructure in fiscal 2027
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/c7ae3a06-fcdb-4711-aabc-0f46833365a9) in full (5,396 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Targets Up to $30 Billion in AI Infrastructure Spending for Fiscal 2027 - finance.biggo.com
Quote: “plans to spend between $25 billion and $30 billion on AI cloud infrastructure in fiscal 2027”