AI’s Insatiable Data-Center Demand Makes Crypto Miners Targets
- Takeover bid for Core shows rising value of company’s assets
- Miners have gone on a shopping spree for Nvidia equipment
An electric repeater station provides power to a data center in Aurora, Illinois.
Photographer: Christopher Dilts/BloombergThis article is for subscribers only.
Matt Brown figures he must have been one of the most sought-after attendees at a technology conference hosted by Nvidia Corp. this spring.
From employees at the chipmaking giant itself to those representing Silicon Valley stalwarts like Google and Amazon.com to little-known artificial intelligence startups, it seemed like everyone wanted to ask the 46-year-old executive from crypto mining company Core Scientific Inc. if his company had any extra capacity in its data centers.