Mining stocks with AI focus rally on Anthropic's reported $20B funding round

Stock prices for cryptocurrency mining companies that have expanded into the artificial intelligence (AI) infrastructure business rose across the board following news of a potential $20 billion funding round for AI startup Anthropic, Coindesk reported. Shares of Iris Energy (IREN) and Cipher Mining (CIFR) each jumped more than 12%, while Hut 8 (HUT) and TeraWulf (WULF) posted gains of around 8%.