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Riot's Undisclosed Client Is Anthropic… $9.1 Billion Computing Contract

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RIOT
RIOT Riot Platforms Inc
$19.37 -5.60%
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  1. 1Riot Platforms (RIOT) has signed a contract to supply $9.1 billion worth of computing to Anthropic, Bloomberg reported
  2. 2The company will supply 191 megawatts for 20 years from its Texas Rockdale campus, with shares surging more than 26% in after-hours trading
  3. 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

This 3-line summary is compiled from the report below.

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