Core Scientific and CoreWeave Partner to Combine AI and Bitcoin Industries

Core Scientific, a Bitcoin mining company, has partnered with CoreWeave, a cloud computing firm, to modify its infrastructure to host the latter's GPUs for high performance computing operations. This marks the convergence of the AI and Bitcoin industries, as bitcoin miners provide AI companies with infrastructure. However, projections suggest that AI's share of data center energy demand will rise to 15%-20% by 2028, raising concerns about energy use. Despite this, there is less coverage of AI's energy use compared to Bitcoin's. While some individuals are concerned about Bitcoin's energy consumption, the impact of its potential success on everyday people is unlikely to be significant. In contrast, AI is increasingly prevalent in everyday life, with many individuals utilizing it for various purposes. While some have raised concerns about AI's energy consumption, it is not as significant of an issue as it is with Bitcoin.