In the Spotlight
FTX-Tied Crypto Mining Venture to be Used for AI After Acquisition
The investment company SWI Group has raised about $900 million in capital as part of plans to scale its data center and AI computing capacity, which includes a mining operation previously tied to cryptocurrency exchange [...]
-
Bitcoin miners spent years securing cheap electricity, building substations, and negotiating the grid connections needed to power their operations. Now AI companies want those connections so badly they’re willing to make aging mines valuable real [...]
