Riot Platforms signs $9 billion AI compute deal with Anthropic

Riot Platforms signs $9 billion AI compute deal with Anthropic

N
News Editor
2026-08-16 10:37:26
Riot Platforms has signed a 20-year compute agreement with AI company Anthropic worth $9 billion, covering 191 megawatts of compute capacity at its Rockdale, Texas facility. According to the report carried by Techub News and citing CryptoBriefing, the deal points to Riot’s shift away from its traditional Bitcoin mining business toward AI data center infrastructure. After the agreement, Riot’s total contracted data center revenue at the Rockdale site has reached about $9.8 billion. The report also noted that Riot had previously entered into a similar agreement with AMD. For Anthropic, the arrangement is expected to add to its compute capacity in the AI market. The deal also reflects rising demand for data center resources.

Riot Platforms has signed a 20-year compute agreement with AI company Anthropic valued at $9 billion, covering 191 megawatts of compute capacity at its Rockdale, Texas facility, according to Techub News, which cited CryptoBriefing.

The agreement signals Riot’s move from its traditional Bitcoin mining business toward AI data center infrastructure.

Following the transaction, Riot’s total contracted data center revenue at the Rockdale facility has reached about $9.8 billion. The company had previously signed a similar agreement with AMD.

The report added that the partnership will expand Anthropic’s compute capacity in the AI market and reflects growing demand for data center resources.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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