Bitcoin miner Riot could pay Anthropic 12% interest under $28 billion AI deal
Summary
Bitcoin miner Riot has sold the majority of its digital currency holdings to support its transition into data centers. Under a new agreement, Anthropic could help fund the infrastructure development and earn interest via reduced rental payments.
Riot has sold most of its bitcoin to fund its move into data centers. Its latest agreement gives Anthropic a way to finance part of the build and collect interest through rent deductions.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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