CZ's Post-Prison Pivot: From Crypto King to AI Investor

Quick Summary:

After being released from prison, the world’s largest crypto billionaire says he wants to chill out and invest in AI.But will he?

Core Scientific, a major player in crypto mining, just inked a $6.7 billion deal with CoreWeave and Nvidia for AI data processing.

As part of a plea bargain to money-laundering-related charges, CZ agreed to a stipulation that he steps down from his role as CEO of the world’s biggest crypto exchange.

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Article Details

Author / Journalist: Jose Antonio Lanz

Category: Crypto

Markets: Estonia

Topics: Blockchain Artificial Intelligence Changpeng zhao Education Cryptocurrency AI Binance Cz

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 21:36:57 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 861 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 22843190

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 5 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 12 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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