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2d ago

Anthropic signs $9.1 billion cloud computing agreement with Riot Platforms

Aug 11, 2026
AI Summary

Anthropic PBC has entered into a $9.1 billion agreement with Riot Platforms Inc. to secure computing power for its AI operations. The 20-year deal will provide 191 megawatts of capacity from Riot's Texas facility, sufficient to power approximately 143,000 homes.

  • Anthropic PBC has finalized a $9.1 billion deal with Riot Platforms Inc., a Bitcoin mining company that has started offering AI data center capacity.
  • The agreement aims to ensure Anthropic has enough computing resources to meet customer demand.
  • Riot Platforms announced a 20-year contract to supply 191 megawatts of computing power from its Rockdale, Texas campus.
  • This amount of power is enough to support around 143,000 homes at any given time.
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