The AI Infused Future of Power: Hut 8's Bet on Long Term Contracts Hut 8 Corp. 's transformation from a Bitcoin mining company to an artificial intelligence infrastructure player has been years in the making.
Recent developments, however, have catapulted it into the big leagues with the $35 billion computing agreement between Anthropic and Nvidia.
This deal, which involves leasing a data center in Nueces County, Texas, is just the latest coup in Hut 8's pivot towards long term artificial intelligence contracts.