IREN Secures $2.8 Billion in AI Cloud Contracts, Raises 2026 Revenue Target to Over $4 Billion

IREN has rapidly expanded its AI Cloud capacity from 3 MW to 480 MW delivered, with a target of 1.2 GW by 2027.

IREN Secures $2.8 Billion in AI Cloud Contracts, Raises 2026 Revenue Target to Over $4 Billion
"Mackenzie data center." Credit: IREN
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