{
  "id": 523343,
  "title": "Anthropic strikes US$9 billion cloud deal with Riot Platforms",
  "url": "https://urgent.news/2026/08/11/anthropic-strikes-us-9-billion-cloud-deal-with-riot-platforms",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-11T01:58:03.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/anthropic-strikes-us9-billion-cloud-deal-riot-platforms"
  },
  "original_language": "en",
  "account": "Anthropic, a leading AI company, has signed a substantial cloud computing agreement with Riot Platforms, a once biotech-focused Bitcoin mining firm. The deal, valued at US$9.1 billion, will provide Anthropic with the necessary computing power to fulfill its customers' demand for AI tools. Riot disclosed the 20-year contract on August 10, agreeing to supply 191 megawatts of computing capacity at its Rockdale, Texas campus. This power output is sufficient to meet the energy needs of approximately 143,000 homes simultaneously. The agreement between Anthropic and Riot Platforms is set to run through June 2048, with an option to extend the contract twice, potentially generating up to US$16.1 billion in total revenue.",
  "summary": "The move underscores the Claude maker’s efforts to secure enough computing to meet its customers’ demand",
  "key_points": [
    "Anthropic signs US$9.1 billion cloud deal with Riot Platforms",
    "Agreement provides computing power for AI tools demand",
    "20-year contract runs through June 2048 with extension option"
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/523343.png",
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Tech in Asia",
        "title": "Anthropic strikes $9.1b deal with Riot, sources say",
        "url": "https://urgent.news/2026/08/11/anthropic-strikes-9-1b-deal-with-riot-sources-say",
        "published": "2026-08-11T01:44:47.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "Anthropic strikes $9B compute deal with Bitcoin miner Riot: Report",
        "url": "https://urgent.news/2026/08/11/anthropic-strikes-9b-compute-deal-with-bitcoin-miner-riot-report",
        "published": "2026-08-11T08:00:26.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}