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Riot Stock Soars 24% on $9.1B Deal with AI Giant Anthropic

Guavy AI Editorial Team
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Riot Platforms' stock surged 24% in after-hours trading following news that Anthropic agreed to pay $9.1 billion over 20 years for computing capacity at the miner's Rockdale, Texas campus.

This major infrastructure partnership signals a significant move by crypto mining firms into AI compute revenue.

The deal could boost funding and adoption of miners like Riot Platforms and potentially increase their market impact.

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