Anthropic signed a 20-year, $9.1 billion lease with bitcoin miner Riot Platforms for 191 megawatts of AI computing capacity at Riot’s Rockdale, Texas data center, running through June 2048. Riot will phase in power delivery, targeting 96 megawatts by December 2027 and the full 191 megawatts by June 2028. The deal, disclosed with quarterly results, follows a previous capacity agreement with AMD. Two five-year extensions could lift the contract’s value to $16.1 billion, supporting Riot’s strategic push into AI infrastructure. Anthropic’s arrangement adds to its series of massive cloud deals as demand for advanced models accelerates.
This update represents a notable development in the Board sector. Organizations and founders tracking this space should evaluate potential strategic and technical implications on their operations.