Riot Platforms has struck a $9 billion, 20-year compute deal with Anthropic, marking a major shift for the bitcoin miner as it pivots toward AI infrastructure. The agreement, reported by CNBC on Augus…
Anthropic has signed a $9.1 billion, 20-year computing agreement with Riot Platforms to lease 191 megawatts of capacity at its Rockdale, Texas, campus, with potential revenue up to $16.1 billion inclu…
Anthropic has reportedly signed a 20-year lease for 191 megawatts of data-center capacity from Bitcoin miner Riot Platforms in a deal with a base value of $9.1 billion, potentially rising to $16.1 bil…
Anthropic signed a $9.1 billion deal with bitcoin mining company Riot Platforms, as reported by Yahoo Finance. The deal was highlighted in a video segment of "The Daily Wolf with Scott Melker," which …
Bernstein raised its price target on Riot Platforms (RIOT) to $35 from $30, citing the Bitcoin miner's AI data center pivot, which triggered a 27% surge in pre-market trading. The upgrade follows Riot…
Anthropic, the AI company behind Claude, has signed a 20-year, $9.1 billion deal with Riot Platforms for 191 megawatts of data-center capacity at Riot's Rockdale, Texas campus, with options for two fi…
Anthropic has signed a $9.1 billion data center lease with Bitcoin miner Riot Platforms for 191 megawatts at Riot's Rockdale, Texas site, with options that could expand the deal to $16.1 billion, acco…
Riot Platforms (RIOT) surged more than 20% in pre-market trading on Tuesday after signing a $9.1 billion deal with Anthropic, a leading frontier AI lab, to provide 191 megawatts of computing capacity …
Anthropic has signed a $9 billion deal with bitcoin mining company Riot Platforms to secure AI data center capacity, sending Riot's shares up 25 percent. The 20-year agreement covers 191 megawatts of …
Riot Platforms (RIOT) shares surged about 25% in after-hours trading after Bloomberg reported that Anthropic agreed to purchase 191 MW of computing capacity from the Bitcoin miner's Rockdale, Texas, c…
Anthropic has struck a US$9.1 billion deal with Riot Platforms, a Bitcoin mining company, to secure 191 megawatts of computing capacity from its Rockdale, Texas, campus over a 20-year term. The agreem…
Riot Platforms reported a net loss of $237.2 million for Q2 2024 despite a 14% year-over-year revenue increase to $174.2 million, but shares jumped over 10% in after-hours trading after the Bitcoin mi…
Riot Platforms disclosed a 20-year lease for 191 megawatts of critical IT capacity at its Rockdale, Texas, campus, expecting about $9.1 billion in contract revenue through June 2048, with delivery pha…
Bitcoin traded nearly flat at $64,032.87, up 0.16% since midnight UTC, while global equities hit record highs on AI optimism and progress toward reopening the Strait of Hormuz, with MSCI's All Country…
Morgan Stanley raised its forecast for global hyperscaler capital expenditures to roughly $1.2 trillion by 2027, up from an earlier estimate of $1.116 trillion, with 75% of spending driven by AI infra…
Amazon, Alphabet, Meta, and Microsoft spent $170 billion on data centers in a single quarter, a 72% increase year-over-year, and are on track to spend $1.5 trillion by end of 2027, according to Wall S…
Leopold Aschenbrenner's AI hedge fund Situational Awareness LP (SALP) liquidated its entire public equity portfolio around July 30, 2026, after margin pressure from losses in key positions like SK Hyn…
Leopold Aschenbrenner's Situational Awareness LP liquidated its entire public equities portfolio in a margin-fueled fire sale, offloading all holdings to a single buyer on or around July 30. The AI-fo…
Ionic Digital surged 9% on its first trading day on Nasdaq on July 28, with shares opening at $53 and closing higher under ticker IOND. The company, formed from Celsius Network's bankruptcy assets, op…
Needham analyst John Todaro sees AMD's $5 billion investment in Anthropic, announced July 22, as a catalyst for Riot Platforms, maintaining a Buy rating and $28.50 price target on the Bitcoin miner tu…