Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic, CNBC’s David Faber has confirmed.
The agreement would lease 191 megawatts at Riot’s Rockdale, Texas computer campus, giving Anthropic access to scarce, grid-connected power as demand surges for computing power that can be used to provide artificial intelligence – and transitioning Riot from bitcoin miner to AI infrastructure landlord. Shares initially soared more than 20% in reaction before giving up almost the entire gain.
I wonder if it is related to #1536152 from a week ago.
More miners getting in on the AI dash for cash!
I wonder if Riot will start buying bitcoin with fiat profits from AI Hosting.
Time will tell.
Yeah me too. No one is stacking in this bear market