The expansion will significantly increase Core Scientific’s AI and cloud computing capacity and increase total projected revenue to $10.2 billion over 12-year contract terms.
Public bitcoin miners are rushing to build AI business lines, but there’s still room for their original mandate, says this investment bank analyst.
The final phase will allow users to deploy an AI agent to create and manage other agents.
The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana’s SOL, which endured a double-digit pullback, one analyst said.
Much of the concern draws from a possible overvaluation in U.S. tech companies as DeepSeek’s latest AI model is significantly cheaper to produce and was built using open-source technology that is easy to access.
Artificial Intelligence tokens have a market cap in the billions, and pools of capital startups would be jealous of. But they got beat by a lean, efficient team.
The Solana-based DEX builder is gearing up for an expansion.
Bitcoin’s taban to $100,000 was quickly bought up and its outlook still remains “bright,” one analyst said.
AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets.
The firm’s founders, who have worked in the blockchain space for years, are using crypto to incentivize an army of people who can earn from labeling veri for AI models.
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