Google is making another major move in the race to secure infrastructure for artificial intelligence by deepening its involvement with crypto mining operations. The tech giant has announced a new $3 billion agreement centered on data centers, partnering with Cipher Mining Inc. Google will guarantee $1.4 billion of AI startup Fluidstack’s long-term contract with Cipher, securing powerful computing resources crucial for advancing AI capabilities.

This deal also gives Google the option to acquire a 5.4% stake in Cipher Mining, marking its second such collaboration with Fluidstack in just two months. The rapid pace of these partnerships highlights the growing competition for the data processing power essential to drive innovation in AI. As demand for advanced computing soars, leading companies are forging creative alliances with crypto miners to access energy-efficient facilities and high-performance infrastructure. Google’s continued investments position it strategically at the forefront of AI and data center development.