For crypto miners turned AI stars, the real test is about to come

Raluca Maniță

They're the biggest beneficiaries of the artificial intelligence race you've never heard of. While the largest tech firms have unveiled unprecedented spending for AI infrastructure, and leading language developers Anthropic and OpenAI close in on blockbuster IPOs , a group of former crypto-mining companies have quietly become power players amid the soaring demand for data centers. With names like TeraWulf, Applied Digital, Iren, Core Scientific, and Cipher Digital, the companies make up for

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