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Anthropic strikes $9B compute deal with Bitcoin miner Riot: Report
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Cointelegraph.com News
Anthropic reportedly struck a $9 billion deal with Riot for 191 megawatts of capacity from the Bitcoin miner’s Rockdale campus in Texas.
The customer is Anthropic and the deal is valued at about $9 billion, Bloomberg reported Monday, citing people familiar with the matter.
Anthropic also struck a $19 billion deal for a 20-year data center lease with Bitcoin miner TeraWulf on July 6.
Riot ranks as the world’s fourth-largest Bitcoin mining company with a $7.33 billion market capitalization, according to CompaniesMarketCap data.
Bernstein said in a July 23 report shared with Cointelegraph that partnerships between AI companies and Bitcoin miners are necessary to address the power crunch constraining AI data centers.