IREN Limited (Nasdaq: IREN), the data-center operator that began as a cryptocurrency mining business under its former name Iris Energy, has reportedly signed a multi-year cloud computing contract with AI developer Anthropic, according to a report published by COINOTAG on Oct. 13, 2026.

The report cites people familiar with the matter. Neither IREN nor Anthropic has publicly confirmed the agreement, and its financial terms, duration, and compute capacity commitments have not been disclosed.

IREN's Expansion Into AI Cloud Services

IREN originally built and operated data centers for Bitcoin mining, with sites in British Columbia, Canada, and Childress, Texas. In recent years, the company has converted a growing share of that infrastructure into AI cloud services built on NVIDIA GPUs, and its shares now trade on the Nasdaq exchange.

In November 2025, IREN announced a five-year AI cloud contract with Microsoft valued at approximately $9.7 billion, one of the most prominent milestones in its repositioning from crypto mining toward AI infrastructure services. If confirmed, the Anthropic agreement would be the second multi-year AI cloud commitment publicly reported for IREN since that pivot, adding a second large AI developer to a customer roster that already includes one of the world's largest software companies.

Anthropic's Large-Scale Compute Procurement

Anthropic, the San Francisco-based AI company behind the Claude chatbot, has secured multi-year compute commitments from major cloud providers to train and serve its models. Amazon and Google have each made multibillion-dollar investments in the company, and both supply dedicated cloud capacity for its workloads. A reported deal with IREN would stand out from those arrangements because the capacity in question would come from data centers that began life as Bitcoin-mining sites rather than from a hyperscale cloud platform.

Beyond its multi-year structure, details of the reported IREN-Anthropic agreement have not been made available. As of the time of the report, neither company had publicly confirmed the deal or commented on its terms. Any confirmation or disclosure of the contract's value, duration, or GPU capacity would show how it compares with IREN's Microsoft agreement.

This report was first published by COINOTAG: IREN Reportedly Signs Multi-Year Anthropic Cloud Contract, Terms Undisclosed