Canada’s Hut 8 Plans A.I. Data Centre Expansion

Canada’s Hut 8 Plans A.I. Data Centre Expansion Canada’s Hut 8 (NASDAQ: $HUT) has announced plans to spend $7 billion U.S. to expand its artificial intelligence (A.I.) data centres.  The expansion is being planned as the Bitcoin (CRYPTO: $BTC) miner looks to develop future gigawatt scale data centres as it pivots to artificial intelligence (A.I.) workloads. Management at Hut 8 have made clear that they are seeking new revenue drivers and to diversify beyond the company’s core crypto mining business.  More ...