IREN Secures Anthropic Cloud Deal; AI Infrastructure Pivot
Bitcoin miner IREN has reportedly secured a multiyear cloud computing deal with Anthropic as it pivots to AI infrastructure. Separately, Unitree's CEO says GPT-7 could fully solve embodied AI.
What we know
@TheBlockCo reports that IREN, a Bitcoin miner turning AI infrastructure firm, has landed a multiyear deal with Anthropic per The Information. An account on X maintains a $15 price target on $IREN. On the broader AI hardware frontier, Unitree CEO Wang Xingxing told reporters that GPT-7 could entirely solve embodied AI challenges, and admitted underestimating AI after testing GPT-6 on robots with impressive results.
How the story developed
Bitcoin miner IREN has reportedly secured a multiyear cloud computing deal with Anthropic as it pivots to AI infrastructure. Separately, Unitree's CEO says GPT-7 could fully solve embodied AI.
Iren (AI compute infrastructure) and Anthropic reportedly entered a multiyear cloud deal, sending $IREN shares up 7% premarket — a notable signal of AI hyperscaler demand for dedicated compute.
The Information reportedly identified Anthropic as the unnamed "leading frontier AI lab" behind IREN's undisclosed multiyear cloud contract, though IREN has not confirmed the connection.
Stock traders are eyeing $IREN on a reported multi-year Anthropic deal and $QCOM for unpriced AI tailwinds in wearables, robotics, and on-device models.
Sources
“Bitcoin miner-turned-AI infrastructure firm IREN has reportedly secured a multiyear AI cloud computing deal with Anthropic”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.