Cipher Mining Inc. (NASDAQ: CIFR) traded near $12.10 on Monday, up more than 5%, after Canaccord Genuity (NASDAQ: CF) raised its price target to $16 citing the company's pivot into artificial ...
Cipher Mining signed a Fluidstack/Google agreement for its Barber Lake facility, cementing its pivot to AI infrastructure and validating demand in the large-scale AI compute market, Canaccord said.
Google has made a strategic move into the cryptocurrency mining and artificial intelligence sectors by acquiring a 5.4% stake in Bitcoin mining firm Cipher Mining. The investment underscores the ...
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