IREN Stock Erases Premarket Gains on Reported Anthropic AI…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
IREN stock gave up an early rally on Monday, October 12, after The Information reported that the AI cloud infrastructure provider has an unannounced multiyear agreement with Anthropic, the developer of the Claude AI models. Neither company has publicly confirmed the reported relationship, and its financial terms remain undisclosed. IREN shares initially climbed approximately 4% in premarket tradin…