Crypto Mining Stocks, Pivoting to AI Hosting, Surge on Amazon’s Massive AI Investment

Amazon announced plans to invest up to $50 billion in AI infrastructure and supercomputing capabilities specifically for U.S. government customers, sparking a sharp rally in cryptocurrency mining stocks. This move underscores the escalating energy demands of AI development, where tech giants like Amazon, Microsoft, and Alphabet are racing to build out massive data centers—often leveraging […] The post Crypto Mining Stocks, Pivoting to AI Hosting, Surge on Amazon’s Massive AI Investment appeared first on Tekedia.

  Business   Nov 28, 2025   0   3  Add to Reading List
Crypto Mining Stocks, Pivoting to AI Hosting, Surge on Amazon’s Massive AI Investment

Amazon announced plans to invest up to $50 billion in AI infrastructure and supercomputing capabilities specifically for U.S. government customers, sparking a sharp rally in cryptocurrency mining stocks. This move underscores the escalating energy demands of AI development, where tech giants like Amazon, Microsoft, and Alphabet are racing to build out massive data centers—often leveraging […]

The post Crypto Mining Stocks, Pivoting to AI Hosting, Surge on Amazon’s Massive AI Investment appeared first on Tekedia.

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