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The 20-year lease covers 191 megawatts of computing capacity at Riot's Rockdale, Texas, campus and runs through June 2048
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Anthropic has struck a $9.1 billion agreement with Riot Platforms, a bitcoin mining company that has been building out AI data center capacity, according to Bloomberg.
Riot disclosed the deal on Monday, describing the counterparty only as a "leading frontier AI lab." Riot's Rockdale, Texas, campus will supply 191 megawatts of IT capacity under the terms of the 20-year lease, which extends through June 2048, the company said. Two five-year extension options could raise the total contract value to $16.1 billion.
