3 hours ago
Cipher Mining Gains $3B AI Contract, Google Takes Equity Stake
TLDR: Cipher Mining signs $3B, 10-year HPC colocation deal with Fluidstack for AI infrastructure. Google receives ~5.4% equity stake in Cipher Mining and backs $1.4B of obligations. Barber Lake site set to deliver 168 MW of critical IT load by September 2026. Cipher maintains 2.4 GW HPC pipeline, aiming for next-gen AI data center growth. [...]
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