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Applied AI·August 11, 2026·1 min read

Anthropic signs a $9.1bn, 20-year cloud deal with bitcoin miner Riot Platforms

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A $9.1B, 20-year deal with a former bitcoin miner for Texas capacity shows model labs are locking in power and land as much as GPUs. If you’re a second-tier AI buyer, expect to compete with both miners and hyperscalers for long-dated, low-cost energy footprints.