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Anthropic Strikes $9 Billion Deal With Cloud Computing Firm Riot

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Anthropic Strikes $9 Billion Deal With Cloud Computing Firm Riot Anthropic PBC has struck a $9.1 billion deal with Riot Platforms Inc., a Bitcoin mining company that also recently began selling AI data center capacity, people familiar with the matter said, underscoring the Claude maker’s efforts to secure enough computing to meet its customers’ demand. Riot disclosed earlier on Monday that it had secured a 20-year deal to supply 191 megawatts of capacity from its Rockdale, Texas, campus to a...

Anthropic Strikes $9 Billion Deal With Cloud Computing Firm Riot Anthropic PBC has struck a $9.1 billion deal with Riot Platforms Inc., a Bitcoin mining company that also recently began selling AI data center capacity, people familiar with the matter said, underscoring the Claude maker’s efforts to secure enough computing to meet its customers’ demand. Riot disclosed earlier on Monday that it had secured a 20-year deal to supply 191 megawatts of capacity from its Rockdale, Texas, campus to a “leading frontier AI” company. That company is Anthropic, the people said, asking not to be identified discussing private information.
PBC (ORG) Riot Platforms Inc. (ORG) Bitcoin (ORG) AI (ORG) Claude (PERSON) Riot (PERSON) Rockdale (LOCATION) Texas (LOCATION)
Originally published by Bloomberg Technology Read original →