Coatue Invests in Bitcoin Miner Hut 8 as Sector Joins AI Race

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Billionaire Philippe Laffont’s Coatue Management is the latest firm to bet on the artificial intelligence transition in the crypto-mining industry.

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Bitcoin Miner Core Rejects AI Firm CoreWeave’s $1 Billion OfferBitcoin miner Core Scientific Inc. has rejected an unsolicited $1 billion takeover offer from artificial intelligence startup CoreWeave Inc., just days after the companies announced a partnership that they projected would generate about $3.5 billion in revenue.
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