BUSINESSTHE BLOCK
Riot Platforms stock jumps 25% after-hours on $9.1 billion AI deal reportedly with Anthropic
Riot Platforms stock jumped 25% after-hours following reports of a $9.1 billion AI deal with Anthropic. The reported agreement includes two five-year extension options, which could potentially raise the total contract value to $16.1 billion.
Related Signal
Adjacent reporting
- Anthropic is in talks to lease AI computing power from Meta in a $10 billion deal
- TeraWulf’s stock surges after a $19 billion deal with Anthropic
- The Tech Download: Anthropic’s IPO sets up first big test of AI boom valuations
- Anthropic Expands Access to Claude Mythos After AI Giant Files for IPO
- Anthropic soars to $965bn valuation, leapfrogging OpenAI
- AI startup Anthropic files for IPO after reaching $965 billion valuation