Hut 8’s $7 billion AI data center lease with Fluidstack marks a significant pivot towards AI infrastructure, reinforcing a growing trend among crypto miners to diversify their operations and capitalize on emerging technologies.
Hut 8’s stock soars after inking $7 billion Google-backed AI deal, marking a significant shift in the company’s business strategy and expansion into AI and machine learning markets.
Hut 8 secures Google-backed deal to build up to 2.3 GW of AI data center capacity, marking a significant expansion beyond bitcoin mining.
Hut 8, a leading Bitcoin miner, has secured a $7 billion Google-backed AI data center lease, marking a significant shift in its business strategy towards long-duration AI infrastructure revenue.