Anthropic, the artificial intelligence lab known for its Claude model family, has reportedly entered into a multiyear cloud-services agreement with IREN, a data-center operator that formerly operated as a bitcoin mining business. The development was reported by The Information and has not yet been confirmed by either company.

IREN had previously disclosed a contract with an unnamed “leading frontier AI lab,” which is now believed to be Anthropic. The reported deal would align IREN with Anthropic’s network of infrastructure partners, which includes AWS and Google. If confirmed, it would make a Nasdaq-listed operator that emerged from the bitcoin mining sector a compute supplier to one of the leading frontier AI labs, alongside two of the world’s largest cloud providers.

About the companies involved

IREN, formerly known as Iris Energy, is a Nasdaq-listed data-center operator that originally built its business on bitcoin mining before expanding into AI cloud services, renting out computing capacity to artificial intelligence customers. Its pivot reflects a broader trend in which cryptocurrency miners — whose facilities are already built around large-scale power infrastructure — have repurposed their energy-intensive sites to serve demand for AI computing power.

Anthropic was founded in 2021 by former OpenAI researchers, including chief executive Dario Amodei, and is best known for its Claude family of AI models. Amazon, through AWS, and Google are both investors in the company and provide cloud infrastructure to the lab. Anthropic was last valued at $965 billion following a significant funding round, according to the report.

Terms and confirmation still pending

The report did not disclose the financial terms of the agreement, and neither Anthropic nor IREN has issued an official statement confirming the deal. IREN’s earlier disclosure referred only to a “leading frontier AI lab” without naming the counterparty.

Observers are expected to watch for formal confirmation from either company, including whether IREN updates its earlier disclosure to identify its counterparty and whether financial terms are subsequently revealed. Anthropic’s infrastructure expansion and partnership activity remain areas of focus as the end of the year approaches.