Cipher Prices $1.4 Billion Bond for Google-Linked Data Center
PositiveArtificial Intelligence

Cipher Prices $1.4 Billion Bond for Google-Linked Data Center
Cipher Mining Inc. has successfully raised $1.4 billion through a high-yield bond offering to finance a new data center associated with Google's parent company, Alphabet Inc. This move highlights the growing trend of artificial intelligence investments and the increasing activity in the US junk-debt market, showcasing confidence in tech-driven projects and the potential for future growth.
— via World Pulse Now AI Editorial System



