PE Giant Starts Collaboration with Bitcoin Miners on AI Facilities
2024-07-05 16:10:51
The PE (private equity) giant has begun working with bitcoin miners on AI facilities. Adam Sullivan, CEO of Core Scientific, said the company has received several financings and partnerships from top PE firms since the announcement of the CoreWeave artificial intelligence infrastructure deal. PE firms are chasing data center businesses with artificial intelligence-related computing power and see existing infrastructure for bitcoin miners as an attractive option.
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