Tag: MW

Cipher Mining Inks $3 Billion Deal with Fluidstack, Welcomes Google as Strategic Investor

By Marco Piccolo Key highlights: Cipher Mining signs a $3 billion, 10-year high-performance computing (HPC) colocation agreement with AI cloud provider Fluidstack. Google acquires warrants for a 5.4% equity stake in Cipher by backstopping $1.4 billion of Fluidstack’s lease obligations. The deal positions Cipher as a rising player in the AI infrastructure space, expanding beyond […]