Google already owns 14% of TeraWulf and is supporting other crypto firms like Cipher Mining in their AI expansions.
Bitdeer’s capital markets chief says lower rates could unlock debt financing, drive M&A, and accelerate miners’ pivot to AI data centers.
Alphabet Inc.’s Google will receive the right to buy a 5.4% stake in Cipher Mining Inc. as part of a multi-year data center deal with Fluidstack, an artificial intelligence computing startup.
Tax incentives from many of the eight Great Lakes states have lured industries that need water. But the region is ill-prepared for the coming needs.
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