The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley discuss new reporting from The Information that IREN (IREN) has a multiyear cloud deal with Anthropic and how it's affecting IREN's stock price. Video Transcript 00:00 Speaker A stock we're watching is Iren, uh, popping here before the bell. Hit the uh the Bitcoin miner turned data center provider, uh, popping on this information report that Anthropic has agreed to a multi-year cloud deal with the company. Uh, now the thrust of the information piece is that Anthropic wants to get into these data centers, they want to get them built out fast because they see that they can make money off these like immediately.
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