Anthropic Emerges as ‘Frontier AI Lab’ Behind Riot’s $9.1B AI Deal

NewsTue, 11 Aug 2026 15:40:10 UTC3 hours ago
Anthropic Emerges as ‘Frontier AI Lab’ Behind Riot’s $9.1B AI Deal
Anthropic has agreed to take 191 megawatts of computing capacity at Riot Platforms’ Rockdale campus in Texas. The 20-year agreement could ultimately be worth $16.1 billion, accelerating Riot’s transformation from bitcoin miner to AI infrastructure provider. Riot Converts Texas Bitcoin Power Into $9.1B AI Revenue Anthropic is turning to a former pure-play bitcoin miner for […]
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