jain.com

191-megawatt AI data center lease delivery to frontier AI lab

Company: Riot

Subject kind
facility timeline
Statement date
2026-09-12
Promised by
2028-06-30
Promised amount
191.0 MW
Current status
stated

The claim, verbatim

Riot announced a 191-megawatt lease with a frontier AI lab, with phased delivery expected in December 2027 and June 2028

Source (primary)

Dan Loeb’s Third Point Increased Its Reported Hut 8 Stake and Disclosed Riot Debt Exposure - Yahoo Finance (-, news_article)
View cached copy (2026-09-13)Live source ↗

Quote: “Its August announcement added a 191-megawatt lease with a frontier AI lab, with phased delivery expected in December 2027 and June 2028.”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document states the 191-megawatt lease and both delivery dates as claimed.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/dan-loeb-third-point-increased-132101919.html) in full (10,900 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Dan Loeb’s Third Point Increased Its Reported Hut 8 Stake and Disclosed Riot Debt Exposure - Yahoo Finance

Quote: “Its August announcement added a 191-megawatt lease with a frontier AI lab, with phased delivery expected in December 2027 and June 2028.”

View cached copy (2026-09-13)Live source ↗