Anthropic Secures $9.1 Billion Deal with Riot Platforms

Anthropic PBC has secured a massive deal worth $9.1 billion with Riot Platforms Inc., a Bitcoin mining company that has recently ventured into selling AI data center capacity. The agreement underscores Anthropic's efforts to meet its customers' demand for computing power.

The deal, which was disclosed by Riot earlier on Monday, involves the supply of 191 megawatts of computing from Riot's Rockdale, Texas campus to a leading frontier AI company. According to people familiar with the matter, that company is Anthropic.

Riot's disclosure mentioned a 20-year deal, indicating a long-term commitment to providing computing capacity to Anthropic. This agreement highlights the growing importance of reliable and secure computing infrastructure for AI development and deployment.