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Riot Blockchain's $28 Billion AI Deal Sparks Bitcoin Mining and Tech Partnerships

Riot Blockchain's $28 Billion AI Deal Sparks Bitcoin Mining and Tech Partnerships

Bitcoin miner Riot could pay Anthropic 12% interest under $28 billion AI deal
Bitcoin miner Riot could pay Anthropic 12% interest under $28 billion AI deal

Riot has sold most of its bitcoin to fund its move into data centers. Its latest agreement gives Anthropic a way to finance part of the build and collect interest through rent deductions.

Riot’s $28 billion AI lease gives Anthropic a veto on voluntary power cuts
Riot’s $28 billion AI lease gives Anthropic a veto on voluntary power cuts

The binding Corsicana deal covers a planned 910 MW, with mandatory grid orders exempt and rent dependent on future delivery. Read the full story on CryptoSlateUnderstand the crypto stories that...

Google could take stake in bitcoin miner TeraWulf’s $19 billion AI project if Anthropic defaults
Google could take stake in bitcoin miner TeraWulf’s $19 billion AI project if Anthropic defaults

A $19 billion data-center agreement includes an unusual provision allowing Google to acquire part of the project if Anthropic fails to pay its rent.

Riot Jumps on $28B AI Hosting Deal as Hut 8 Drops on Revenue Miss
Riot Jumps on $28B AI Hosting Deal as Hut 8 Drops on Revenue Miss

Bitcoin miner Riot Platforms jumped more than 13% on Wednesday after unveiling what it described as its biggest step yet in building artificial intelligence infrastructure: a 15-year, $28 billion...

Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss
Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss

Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.

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