Riot's Undisclosed Client Is Anthropic… $9.1 Billion Computing Contract
RIOT Riot Platforms Inc
$18.54 -2.06%
View chart & analysis → - 1Riot Platforms (RIOT) has signed a contract to supply $9.1 billion worth of computing to Anthropic, Bloomberg reported
- 2The company will supply 191 megawatts for 20 years from its Texas Rockdale campus, with shares surging more than 26% in after-hours trading
- 3Within six months, the company has secured two AI clients, leasing out 241 megawatts and locking in long-term contract revenue of approximately $9.8 billion
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