Further proof that AI isn't going anywhere as NY-based investment firm, as Coatue invest $150 million into Hut 8 to further its AI sector.

Bitcoin Mining Company Hut 8 Receives $150 Million AI-Led Investment

Hut 8, a Bitcoin mining and data-centre based in Florida has reached an agreement that will see it receive a $150 million strategic investment from New York City-based investment management firm Coatue. The Bitcoin mining powerhouse believes that the cash injection from Coatue will aid it in opening doors to new opportunities as it enters..

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