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AI, Bitcoin Face Off in Energy Race

AI, Bitcoin Face Off in Energy Race

Big Tech’s appetite for energy is rising fast thanks to these companies’ new artificial intelligence focus. Yet Big Tech’s AI push is not the only significant energy guzzler in town: bitcoin was here first. Now, the two are locked in a tight race to secure as much electricity for their data centers and mining operations as they can—including from each other. “The AI battle for dominance is a battle being had by the biggest and best-capitalized companies in the world and they care like their lives depend on it that they win,” the chief executive…

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