Anthropic’s monster funding round is rippling into crypto markets — and sending some bitcoin miners higher. The Financial Times reports Anthropic, maker of the Claude chatbot, is lining up roughly $20 billion in new investment in a round that would value the company at about $350 billion. The San Francisco AI firm originally sought around $10 billion, but investor appetite for AI swelled the round. According to the FT, $10–$15 billion of that capital could land as soon as Tuesday, with the remainder to be wrapped up in the coming weeks. The financing is being led by Singapore’s sovereign wealth fund GIC and U.S. investor Coatue, with Sequoia Capital also putting in a significant sum. Microsoft and Nvidia had already committed $10 billion and $5 billion respectively earlier this year. Crypto market participants reacted quickly. Bitcoin miners that have been repositioning themselves toward AI and high-performance computing (HPC) infrastructure posted notable rallies on the news: IREN and Cipher Mining (CIFR) jumped more than 12% each, while Hut 8 (HUT) and TeraWulf (WULF) climbed over 8%. The AI-focused blockchain token Near Protocol (NEAR) was also modestly higher, trading near $1.48. Why miners move with AI flows: companies converting or expanding data-center capacity to host AI workloads stand to capture demand for compute, power and real estate generated by massive AI deployments. As investors pour capital into AI leaders like Anthropic, markets are pricing in stronger prospects for firms bridging crypto mining and AI/HPC services. The Anthropic round underscores how capital chasing AI growth can spill over into adjacent infrastructure plays — including crypto miners pivoting to capture a piece of the booming AI compute market. Read more AI-generated news on: undefined/news

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