The investor who blocked a $9 billion AI deal expects that bet to soon pay off

Source: Business Insider

Core Scientific was a crypto mining company before repurposing its business to focus on AI. Mustafa Hatipoglu/Anadolu via Getty ImagesA major investor in Core Scientific says the firm will lease 400 megawatts to new clients this year. The deals would demonstrate durable demand for data centers and that AI is in a boom, not a bubble.

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