What to know:
- Riot Platforms has graciously summoned Jonathan Gibbs, the oracle of data centers, to spearhead their latest crusadeâbeyond just shoveling Bitcoin.
- This chap has more than 15 years of globe-trotting experience, overseeing a billion here, billions thereâjust casual pocket change for him.
- The swanky new plan? To dine on the rising demand for AI infrastructureâbecause who doesn’t want a slice of the robot pie?
Well, darling, Riot Platforms (ticker: RIOTânot quite what youâd call subtle, is it?) has snatched up industry veteran Jonathan Gibbs to lead its fashionable new non-bitcoin data extravaganza. One might say theyâre diversifying their portfolioâthink of it as a crypto miner taking up high societyâexcept instead of champagne, it’s data centres! đ¸
Mr. Gibbs, a man of extensive and impressive cartographyâdesigning and building over a gigawatt of data capacity across North America, Europe, and Asiaâmost recently dazzled as the EVP at Prime Data Centers, firms that clearly know how to keep the lights on (and the servers humming). Now, our hero is entrusted with launching Riotâs shiny new data platform aimed at those madly in search of colossal computing powerâthink cloud services and AI, darling, because apparently machines are the new after-dinner speak.
With a hefty 1.7 gigawatts already in the bank, Riot plans to âaggressively scaleââa phrase that signals ambition with a dash of Victorian swagger. Should they succeed, theyâll be rolling in the high-tech equivalent of velvet curtains, joining the illustrious club of former miners whoâve pivoted to the jaw-dropping world of AI and cloud infrastructure. Bravo! đŠđśď¸
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2025-06-02 20:03