AI lab 20-year data center lease for 191 MW
Company: Riot
The claim, verbatim
Riot executed a 20-year Data Center Lease and Services Agreement with a leading frontier AI lab for 191 MW of critical IT capacity at Rockdale, expected to generate approximately $9.1 billion in total contract revenue
Source (primary)
RIOT 8-K Filings - Riot Platforms, Inc. SEC 8-K - Stock Titan (-, news_article)
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Quote: “Riot executed a 20-year Data Center Lease and Services Agreement with a leading frontier AI lab for 191 MW of critical IT capacity at its Rockdale campus. The initial term is expected to generate approximately $9.1 billion in total contract revenue”
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Additional evidence
confirms RIOT 8-K Filings - Riot Platforms, Inc. SEC 8-K - Stock Titan
Quote: “Riot executed a 20-year Data Center Lease and Services Agreement with a leading frontier AI lab for 191 MW of critical IT capacity at its Rockdale campus. The initial term is expected to generate approximately $9.1 billion in total contract revenue”