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Riot Platforms Secures $9.1 Billion AI Deal; Rocket Lab Delays Neutron Launch

Aug 11, 2026
AI Summary

Riot Platforms has finalized a $9.1 billion agreement to provide AI data center capacity, while Rocket Lab's stock fell due to a potential delay in the launch of its Neutron rocket. Other companies, including Babcock & Wilcox and On Holding, also experienced stock fluctuations based on recent developments.

  • Riot Platforms has entered into a $9.1 billion deal with Anthropic PBC to supply AI data center capacity.
  • The agreement includes a 20-year contract to provide 191 megawatts of capacity from Riot's Rockdale, Texas campus.
  • Rocket Lab's shares dropped by as much as 5.7% following news that the timeline for its Neutron rocket has softened, with initial launches potentially delayed until 2027.
  • Babcock & Wilcox Enterprises saw a rise in premarket trading after signing an agreement with Siemens Energy for steam turbine generator sets.
  • On Holding's US-listed shares fell by up to 17% in premarket trading due to lower-than-expected second-quarter sales.
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