Anthropic signs a $9.1bn, 20-year cloud deal with bitcoin miner Riot Platforms
Anthropic has struck another enormous deal to feed its appetite for computing power, and this time the counterparty is a company that until recently made its money digging up bitcoin.
The twenty-year arrangement is worth $9.1 billion and gives the Claude maker a large slab of capacity at a Texas campus that Riot Platforms is busily converting from crypto mining into rented compute for AI, the latest in a run of vast infrastructure agreements the lab has signed to secure the hardware its models demand.
The contract runs through June 2048 and carries two five-year extension options, so if both are taken up the headline value climbs to $16.1 billion, which makes this less a lease than a multi-decade marriage between a frontier AI lab and a former miner.
What Anthropic gets for the money is 191 megawatts of IT capacity at Riot’s Rockdale campus, delivered in stages rather than...
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