Corsicana 910 MW AI lab lease
Company: Riot
The claim, verbatim
Riot announced on Nov. 4 a 15-year lease of all 910 MW of critical IT capacity at its Corsicana campus to an AI lab for about $28 billion, with the tenant paying nearly all operating costs.
Source (primary)
Jefferies Sees 53% Upside in Riot Platforms, and the Reason Has Nothing to Do With Bitcoin - TIKR.com (-, news_article)
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Quote: “An AI lab will rent all 910 megawatts of critical IT capacity at Riot’s Corsicana campus for 15 years, for about $28 billion, and pay nearly all operating costs.”
How we checked this
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Additional evidence
confirms Jefferies Sees 53% Upside in Riot Platforms, and the Reason Has Nothing to Do With Bitcoin - TIKR.com
Quote: “An AI lab will rent all 910 megawatts of critical IT capacity at Riot’s Corsicana campus for 15 years, for about $28 billion, and pay nearly all operating costs.”