Hut 8 Secures Google-Backed Deal To Build Out AI Capacity

Hut 8 Corp. announced a sweeping AI infrastructure partnership on Wednesday with AI model developer Anthropic and compute provider Fluidstack, marking a pretty clear signal that the bitcoin miner is pivoting to a large-scale energy and data center developer.

Under the agreement, Hut 8 will develop between 245 megawatts (MW) and up to 2,295 MW of AI-focused data center capacity in the United States, beginning with a flagship project at its River Bend campus in Louisiana. 

The partnership is structured across multiple tranches, creating a pathway to scale from an initial deployment to gigawatt-level infrastructure over time.

The first phase centers on a 245 MW IT deployment at River…

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