← Back to Model Beat
Industry·Aug 11·all news from August 11, 2026

Anthropic Strikes $9 Billion Cloud Deal With Riot Platforms

Anthropic has entered into a $9.1 billion agreement to secure artificial intelligence data center capacity from Bitcoin miner Riot Platforms. This deal highlights the ongoing industry trend where AI developers are aggressively purchasing specialized infrastructure to resolve compute shortages. By partnering with a company transitioning toward high-performance computing, Anthropic aims to ensure it has sufficient hardware to support the expanding operational requirements of its Claude models.

Covered by 2 sources

Related stories

IndustryAnthropic Revenue Ahead of IPO Surges Over 14-Fold in Second QuarterAug 14 · 5 sourcesIndustryOpenAI appoints Dali Rajic as Chief Revenue OfficerAug 11 · 9 sourcesIndustrySpaceX Completes $60 Billion Acquisition of AI Startup CursorAug 14 · 2 sourcesIndustryAnthropic Said in Talks to Buy Startup Decart for $6 BillionAug 13 · 9 sources