Google will backstop $1.4B in financing for AI firm Fluidstack’s deal with Bitcoin miner Cipher, gaining warrants for a 5.4% stake. The move deepens Google’s push into energy-intensive Bitcoin mining and high-performance computing.

Google will backstop $1.4B in financing for AI firm Fluidstack’s deal with Bitcoin miner Cipher, gaining warrants for a 5.4% stake. The move deepens Google’s push into energy-intensive Bitcoin mining and high-performance computing.
decrypt.co

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