Anthropic strikes $9.1 billion AI data center deal with Riot Platforms

Anthropic has reached a $9.1 billion AI data center computing agreement with Bitcoin miner Riot Platforms, expanding its push to secure long-term capacity for growing Claude demand. Riot said it will provide 191MW of computing power at its Rockdale, Texas campus under a contract running through June 2048, with two optional five-year extensions that could lift total revenue to as much as $16.1 billion. Riot's stock rose 25% in after-hours trading to $24.40 after the news, according to BIT(bit.com) market data. The deal underscores how crypto miners are repurposing power-rich sites for AI and cloud infrastructure as they diversify beyond Bitcoin mining. Anthropic has recently signed several large computing agreements, including a $10 billion contract with infrastructure startup Volta Infra Holdings and a nearly $45 billion capacity purchase from Elon Musk's xAI in May to ease pressure from rising customer demand.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.