Advanced Micro Devices

Riot Platforms shares jumped more than 20% in pre-market trading after the bitcoin miner secured a 20-year artificial intelligence infrastructure agreement tied to Anthropic. The deal underscores how power-rich mining firms are repositioning data center assets toward AI workloads and longer-term contracted revenue.

Core Scientific has signed a long-term AI infrastructure partnership with AMD that could reshape its revenue base as bitcoin mining becomes a smaller part of the business. The agreement follows the end of a Block mining-chip purchase deal and comes as Core Scientific expands contracted colocation capacity.