Private Equity Giants Are Circling Bitcoin Miners on AI Allure

Private Equity Giants Are Circling Bitcoin Miners on AI Allure

40
0
SHARE
This post was originally published on this site

Source: Coindesk.com

Core Scientific's CEO, Adam Sullivan, said that since announcing the CoreWeave AI infrastructure deal, the company has received several approaches from top-tier private equity firms for financing and partnerships. PE firms are chasing data center business for AI-related computing power and looking at bitcoin miners' existing infrastructure as attractive options. Sullivan said the miner isn’t

Read More https://www.coindesk.com/business/2024/07/05/private-equity-giants-are-circling-bitcoin-miners-on-ai-allure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Private Equity Giants Are Circling Bitcoin Miners on AI Allure" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY