fromBusiness Insider
1 week agoWhat a $9 billion takeover battle says about the next frontier in the AI arms race
In the span of less than two years, Core Scientific went from a bankrupt crypto mining company to a $9 billion acquisition target. How? By reinventing itself as an upstart player in the artificial intelligence-driven data center craze. Only now, one of the company's largest shareholders is urging other investors to vote down the deal - arguing that $9 billion isn't nearly enough. While a takeover battle between little-known data center firms might seem like
Artificial intelligence