IREN Announces New Multi-Year AI Cloud Contracts Worth $2.8 Billion and Raises ARR Target for 2026
Iren (IREN) has secured new multi-year cloud services contracts with leading AI developers, totaling approximately $2.8 billion in contract value. The company also raised its year-end 2026 AI Cloud annualized run-rate revenue target from $3.7 billion to over $4 billion.
Tickers: $IREN
Topics: AI Cloud Services Revenue Guidance