Anthropic signs $9.1 billion, 20-year AI cloud deal with Bitcoin miner Riot Platforms for Texas data centre capacity
New Delhi, Aug. 11 -- Anthropic has signed a $9.1 billion, 20-year agreement with Bitcoin mining company Riot Platforms to secure artificial intelligence data-centre capacity, highlighting the growing scramble among AI companies to lock in computing infrastructure as demand for generative AI services accelerates.
Under the agreement, Riot will provide 191 megawatts (MW) of computing capacity from its Rockdale campus in Texas to Anthropic. Riot had disclosed the long-term agreement on Monday with an unnamed "leading frontier AI" company. Bloomberg later identified the customer as Anthropic, citing people familiar with the matter.
The contract is expected to generate about $9.1 billion in revenue for Riot through June 2048. It also contai...
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