The Information: Anthropic signed undisclosed multiyear cloud deal with IREN
What happened
The Information reported that Anthropic has an unannounced multiyear cloud-computing deal with IREN, the former bitcoin miner turned AI data-center operator, citing people familiar with the relationship. The report frames it as the latest tranche in Anthropic's massive capacity scramble: the lab is racing to switch on roughly $530 billion of data-center leases, with per-site economics so urgent that bringing a planned 245 MW Louisiana site online one month early could add over $1.3 billion in revenue. Neither Anthropic nor IREN commented. IREN shares jumped about 8% in overnight trading Sunday and were up roughly 5.5% in Monday premarket trading.
Why it matters & what’s next are part of Pro, along with the audio summary.
Start your free 14-day trialWho’s affected
- IREN (direct beneficiary: validates AI cloud pivot, share +5.5% premarket)
- Data-center / AI infrastructure cohort: Hut 8, TeraWulf, Nscale, other former miners repurposing sites
- AI compute supply chain: Nvidia and chip vendors feeding IREN buildouts
- Read-through for AI capex demand narrative supporting semiconductors and cloud stocks