---
format: "aidr-story-markdown/v1"
id: "fa4f0b38de8f4f498b619549dad83ece0e5b6eaa91977eef964211b45f890c7a"
canonical_url: "https://aidr.today/fa4f0b38?lang=en"
title: "Riot Platforms Secures $28B Data Center Lease With AI Lab"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
fallback_fields: []
published_at: "2026-11-04T13:38:02.000Z"
category: "Industry"
topics: ["funding","anthropic","llm"]
source_urls: ["https://marketbrief.now/earnings/riot-platforms-secures-28b-data-center-lease-with-ai-lab-a81db144","https://x.com/wallstengine/status/2117958774619046177","https://x.com/WuBlockchain/status/2117972478962356314","https://huggingnews.com/earnings/riot-platforms-secures-28b-data-center-lease-with-ai-lab-a81db144","https://x.com/RHouseResearch/status/2118002251818000845","https://huggingnews.com/business/riots-new-28b-ai-data-center-lease-shifts-site-construction-costs-to-ten-97965d3f","https://marketbrief.now/business/riots-new-28b-ai-data-center-lease-shifts-site-construction-costs-to-ten-97965d3f","https://x.com/TFTC21/status/2118072190960545993"]
summary: "Riot Platforms entered into a 15 year agreement with an unnamed Frontier AI lab for its Corsicana campus. This deal provides 910 MW of critical IT capacity with an initial contract value of roughly $28B. Riot Platforms reported third-quarter revenue of $181.4 million."
---

# Riot Platforms Secures $28B Data Center Lease With AI Lab

> [Open the canonical story](<https://aidr.today/fa4f0b38?lang=en>)

**Published:** 2026-11-04T13:38:02.000Z
**Category:** Industry
**Topics:** funding, anthropic, llm

## Summary

Riot Platforms entered into a 15 year agreement with an unnamed Frontier AI lab for its Corsicana campus\. This deal provides 910 MW of critical IT capacity with an initial contract value of roughly $28B\. Riot Platforms reported third\-quarter revenue of $181\.4 million\.

## Sources

- [Story source](<https://marketbrief.now/earnings/riot-platforms-secures-28b-data-center-lease-with-ai-lab-a81db144>)
- [Story source](<https://x.com/wallstengine/status/2117958774619046177>)
- [Supporting source](<https://x.com/WuBlockchain/status/2117972478962356314>)
- [Story source](<https://huggingnews.com/earnings/riot-platforms-secures-28b-data-center-lease-with-ai-lab-a81db144>)
- [Supporting source](<https://x.com/RHouseResearch/status/2118002251818000845>)
- [Story source](<https://huggingnews.com/business/riots-new-28b-ai-data-center-lease-shifts-site-construction-costs-to-ten-97965d3f>)
- [Story source](<https://marketbrief.now/business/riots-new-28b-ai-data-center-lease-shifts-site-construction-costs-to-ten-97965d3f>)
- [Supporting source](<https://x.com/TFTC21/status/2118072190960545993>)

