๐จ $IREN x Anthropic Leak
The Information, one of the best-sourced outlets covering the AI industry, just reported that Anthropic recently signed a cloud deal with $IREN.
For anybody who has followed managementโs commentary closely over the past few weeks, this doesnโt come as much of a surprise.
First, $IREN announced a new contract with an unnamed โleading frontier AI labโ during its recent earnings call, followed by CCO Kent Draper revealing that the company in question was โ1 of 2โ possible customers.
While The Information didnโt disclose any specific MW amounts or terms of the deal, I believe itโs very likely that Anthropic secured the 50 MW of air-cooled B300 capacity coming online at $IREN's Childress site THIS year.
As for the economics behind the deal and where this relationship could go from here, we recently published an in-depth report for both our X and Substack subscribers covering exactly that.
Iโll link it below in the comments for anybody interested.
Wishing everybody a great rest of Sunday and a great start to the new week. Cheers!