So, The Information reports that Anthropic has signed an unannounced multiyear cloud deal with $IREN, which is what sent the share price up 10% overnight. But let's put things into perspective. I expect this to be a very small deal, nothing on the scale of IREN's agreement with Microsoft or the deals we've seen NBIS secure with Meta and Microsoft. So I don't expect this deal alone to move the share price as significantly as some people are expecting. However, I think this is significant news for IREN because Anthropic is one of the biggest AI companies in the world. If they're already working together, it opens the door for IREN to secure much larger contracts with Anthropic in the future. Look at how much Anthropic is willing to pay for compute. Its agreements with SpaceX have been val
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