IREN Reportedly Joins Anthropic's Cloud Providers; Shares Jump

In this news:

Key takeaways

  • IREN shares rose following reports of a multiyear cloud agreement with Anthropic.
  • The deal stems from Anthropic's latest tranche of infrastructure spending.
  • Data center and bitcoin mining stocks showed mixed movement on Monday morning.

IREN stock popped early Monday on reports that the bitcoin miner-turned-artificial intelligence infrastructure provider landed a multiyear cloud deal with Anthropic. Data center and bitcoin mining stocks were mixed Monday morning.

IREN (IREN) has signed a multiyear cloud deal with Anthropic, The Information reported citing unnamed sources. The deal is part of Anthropic's latest tranche of roughly $530 billion of…

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