Anthropic Taps Riot for 20-Year Texas Data Center Capacity Deal

TLDR

• Anthropic reportedly signed a $9.1 billion, 20-year data center agreement with Riot Platforms.
• Riot will provide 191 megawatts of capacity from its Rockdale, Texas, campus.
• Two five-year extension options could raise the total contract value to $16.1 billion.
• Riot shares jumped more than 20% in overnight trading after the deal was reported.
• The agreement expands Riot’s shift from Bitcoin mining into AI and data center services.
• Anthropic has committed tens of billions of dollars to long-term computing capacity in recent months.

Anthropic has reached a reported $9.1 billion cloud computing agreement with Riot Platforms, adding another large data center contract to the AI company’s recent expansion. Bloomberg reported the deal on August 10, citing people familiar with the matter. Riot shares jumped more than 25% after hours before easing to a gain of about 21% in overnight trading.

Anthropic Tied to Riot’s 191 MW Deal

Riot said Monday that it signed a long-term agreement with a “leading frontier AI” company for 191 megawatts of capacity at its Rockdale, Texas, campus. People familiar with the deal identified Anthropic as the customer.

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