Riot Platforms stock jumps after $1B AMD AI deal

Riot Platforms (NASDAQ: RIOT) is opening a new chapter in its expansion plans. The Bitcoin mining giant has entered a major partnership with semiconductor giant AMD (NASDAQ: AMD). Riot joins a growing group of Bitcoin miners pivoting toward artificial intelligence (AI) infrastructure, leveraging their access to power and real estate to diversify revenue streams as AI demand accelerates. Related: What is Bitcoin mining? Explained Bitcoin mining companies turn to AI Bitcoin mining companies are increasi ...