bitcoin
Riot may pay Anthropic 12% interest in $28B AI deal
With a substantial $28 billion artificial intelligence arrangement, Bitcoin mining firm Riot might owe Anthropic an interest rate of 12%.
Riot has divested the majority of its bitcoin holdings to finance its expansion into data center operations. This fresh pact establishes a mechanism allowing Anthropic to contribute to the construction costs while simultaneously securing interest payments via rent reductions.
