Key Takeaways
- Investigative journalists uncovered a hidden clause within the sale settlement between Électricité de France and MARA.
- The deal would limit the state power big’s potential to have interaction in any high-performance computing exercise for 2 years.
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Bitcoin mining big MARA Holdings introduced in August it had acquired a 64% stake in Exaion, a subsidiary of Electricité de France (EDF), in a deal valued at roughly $168 million. The deal is a part of MARA’s technique to increase into synthetic intelligence (AI) and high-performance computing (HPC) infrastructure.
In accordance with an investigation by The Large Whale’s Gregory Raymond and Raphaël Bloch issued on Friday, if the deal goes by means of, EDF shall be barred from partaking in any HPC exercise for 2 years.
The restriction reportedly covers not solely Bitcoin mining but additionally AI computing, cloud providers, and even the provision of power or help for HPC corporations, probably together with France’s personal AI flagship, Mistral AI.
