---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000806041.md"
description: "$IREN(IREN.US) IREN announced that it has raised its year-end AI Cloud annualized run-rate revenue (“ARR”) 1 target from $3.7bn to more than $4bn, of which approximately 85% is now under contract following new multi-year cloud services contracts with leading AI developers representing $2.8bn in total contract value. IREN's customer base now includes Microsoft, NVIDIA, Perplexity, Figure AI, Together AI, Fluidstack, Fireworks AI, Fal AI, Hume AI, and a new leading AI developer, across both bare metal and managed cloud services. Demand from hyperscalers, enterprises, AI developers and frontier labs continues to exceed IREN's available and planned capacity, and IREN is engaged with customers across its entire 2026 and 2027 expansion program. @Captain's Treasure"
datetime: "2026-07-20T15:31:02.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000806041.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000806041.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000806041.md)
author: "[NewUser_zS0M8w ](https://longbridge.com/en/profiles/17387057.md)"
generator: "portal-rs"
---

# $IREN(IREN.US) IREN announced that it has raised i…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**