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PE giant begins working with Bitcoin miners on AI infrastructure

2024-07-05 16:04
Odaily News PE (Private Equity) giants are beginning to work with Bitcoin miners on AI facilities. Adam Sullivan, CEO of Core Scientific, said that since announcing the CoreWeave AI infrastructure deal, the company has received several financing and partnerships from top PE firms. PE firms are chasing data center business for AI-related computing power and see Bitcoin miners' existing infrastructure as an attractive option. (CoinDesk)