Riot Platforms stock jumps 25% after-hours on $9.1 billion AI deal reportedly with Anthropic

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Riot Platforms stock jumps 25% after-hours on $9.1 billion AI deal reportedly with Anthropic

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Riot Platforms' stock surges 25% after-hours following a reported $9.1 billion AI deal with Anthropic, a leading AI research firm. The agreement includes two five-year extension options, potentially increasing the contract value to $16.1 billion. This significant partnership is expected to boost Riot's AI capabilities and drive growth in the rapidly evolving AI market.

The deal includes two five-year extension options that could raise the potential contract value to $16.1 billion.