Anthropic is signing a long-term cloud deal worth about $9.1 billion with Riot Platforms, a company formerly known for bitcoin mining. The agreement runs for 20 years and is intended to provide Anthropic with substantial computing capacity.
The reporting describes Riot as shifting from bitcoin mining toward supplying AI data center capacity. Bloomberg says the deal highlights Anthropic’s effort to secure enough computing to meet customer demand, while The Next Web reports the capacity is tied to Riot’s Texas campus. Both outlets frame the arrangement as part of Anthropic’s broader push to obtain reliable infrastructure for running models such as Claude.
While both sources agree on the size and duration of the contract and Riot’s role in supplying computing, their emphasis differs: The Next Web focuses on the broader significance of the deal as another large infrastructure purchase, whereas Bloomberg foregrounds the demand-driven rationale and Riot’s move into selling AI-related capacity.
