Riot Platforms has signed a $9 billion, twenty-year compute agreement with AI company Anthropic. The contract involves 191 megawatts of compute capacity from Riot’s Rockdale, Texas facility. This deal marks a strategic pivot for Riot Platforms, shifting away from Bitcoin mining toward AI data-center infrastructure. The agreement brings Riot’s total contracted data-center revenue to approximately $9.8 billion, including a previous deal with AMD. This partnership addresses Anthropic’s growing compute needs in the rapidly expanding AI sector.
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