Overview
- Reports published Monday say Anthropic has run a confidential tender for at least 1.4 gigawatts of Australian data‑center capacity valued at roughly $12–$15 billion.
- Anthropic reportedly wants at least 1 gigawatt operational by the end of 2027 and may split the award across four or five providers rather than pick a single winner.
- IREN is named on the shortlist of bidders and was singled out for assets such as its Bundey site, while competitors on the list include CDC Data Centres, AirTrunk, NextDC and Stack Infrastructure.
- The news pushed IREN shares higher, with an initial roughly 6% premarket bounce followed by intraday gains that reached about 13% and a close near $43.91 in one report.
- Investors remain focused on IREN’s ability to finance and deliver large builds after a recent $3.65 billion GPU financing, because convertible notes, multibillion-dollar capex needs, an $800 million founder equity package and governance concerns could affect execution and dilution ahead of the August 27 results.