Ex-OpenAI's Leopold Aschenbrenner bets big on crypto miners for his $13.6 billion AI play

Share This Post

Aschenbrenner is shorting Nvidia and AMD in favor of bitcoin miners that own the electricity and data centers needed to fuel the next phase of the AI boom.

Related Posts

Ripple Secures Full MiCA License, Completing EU Compliance

Ripple has received full Crypto Asset Service Provider (CASP)...

Bitcoin slips after Strategy sells 3,588 BTC for $216 million

"Strategy now has a completely different business model," wrote...

Fed rate-decision meeting minutes, SpaceX (SPCX) joins Nasdaq 100: Crypto Week Ahead

This week is characterized by macroeconomic reports, which include...

Coinbase AI alert draws backlash after pushing World Cup result before kickoff

Coinbase (COIN) sent users a false “breaking news” alert...

JPMorgan’s JLTXX Tokenized Money Market Fund AUM Grows 250% in a Month on Ethereum

JPMorgan's JLTXX tokenized money market fund has grown its...

Trump-Backed American Bitcoin (ABTC) Pushes Treasury Past 8,000 BTC

American Bitcoin Corp (Nasdaq: ABTC) has moved...