Anthropic, the AI company behind Claude, has signed a 20-year deal worth $9.1 billion with Riot Platforms for 191 megawatts of data-center capacity at the Rockdale, Texas campus. The contract includes options for two five-year extensions that could push the total value to $16.1 billion. The first phase of 96 megawatts is expected to be operational by the end of 2027, with full deployment of 191 megawatts slated for June 2028. Riot Platforms, formerly a Bitcoin miner, has now committed roughly 241 megawatts to AI-related leases, translating to approximately $9.8 billion in contracted revenue. Riot’s stock surged around 25% in after-hours trading once Anthropic was publicly identified as the counterparty.
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