Benzinga19h ago

IREN shares climb 6.08% to $41.18 after Anthropic data-center tender report

IREN shares rose 6.08% to $41.18 on Monday after The Australian Financial Review reported that AI company Anthropic has launched a confidential tender for a 1.4GW Australian data-center project valued at $12 billion to $15 billion. IREN was listed on a shortlist alongside peers including CDC and AirTrunk. Anthropic is targeting at least 1GW of operational capacity by the end of 2027 and may split the work across multiple providers. The report eased earlier concerns weighing on AI-focused crypto miners and was viewed as a clearer, company-specific catalyst tied to AI infrastructure orders.

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