Anthropic Signs $9.1B Datacenter Deal With Bitcoin Miner Riot Platforms
Anthropic and crypto miner Riot Platforms agree to a 20 year, $9.1B deal for 191MW of power in Texas, going live in Dec 2027 (options take it to $16.1B)
Anthropic, an artificial intelligence (AI) research firm, signed a 20-year agreement with cryptocurrency miner Riot Platforms for 191 megawatts (MW) of electricity at its Rockdale, Texas site. The first tranche of 96 MW will begin in December 2027, followed by the remaining capacity in June 2028.
This $9.1 billion deal has optionality to grow to $16.1 billion, and is yet another partnership between a crypto mining company and an AI research institution. Crypto miners are becoming increasingly important players in the AI industry. Between this deal and others with Amazon, Google, SpaceX, and Riot, Anthropic has lined up more than $50 billion in computing resources — a veritable arms race!
Source: the-decoder.com
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Author
Evgenii Arsentev
PhD · Founder & CEO, Dad4Kids
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