Anthropic data center colocation contract
Company: Riot
The claim, verbatim
Riot committed to a 20-year data center colocation agreement with Anthropic valued at $9.1 billion, projected to generate $457 million in annual recurring revenue.
Source (primary)
Macquarie raises Riot Platforms price target to $35, maintains Outperform - scanx.trade (-, news_article)
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Quote: “This strategic pivot is anchored by a $9.1 billion data center agreement with a leading frontier AI lab, reportedly Anthropic. The 20-year colocation agreement is projected to generate approximately $457 million in annual recurring revenue.”
How we checked this
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Additional evidence
confirms Macquarie raises Riot Platforms price target to $35, maintains Outperform - scanx.trade
Quote: “This strategic pivot is anchored by a $9.1 billion data center agreement with a leading frontier AI lab, reportedly Anthropic. The 20-year colocation agreement is projected to generate approximately $457 million in annual recurring revenue.”