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Iren Climbs On Report Of Multi: year cloud deal with Anthropic

BUZZ-IREN climbs on report of multi-year cloud deal with Anthropic

Updates

** Shares of data center operator IREN Ltd IREN.O rise 3.2% to $36.3

** AI lab Anthropic has entered multi-year cloud deal with IREN that has not yet been announced, The Information reports citing people familiar with the relationship

** IREN did not immediately respond to a Reuters request for comment

** CEO Daniel Roberts said during Q4 earnings call on August 27 co has new multi-year cloud contract with a leading frontier AI lab

** 15 of 18 brokerages rate the stock "buy" or higher, and three "hold"; median PT is $80

** Including session's move, stock down 4.2% YTD


(Reporting by Anand Gopal in Bengaluru)

((AnandGopal.R@thomsonreuters.com))

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