Key Takeaways
- Investigative journalists uncovered a hidden clause within the sale settlement between Électricité de France and MARA.
- The deal would prohibit the state power large’s capacity to have interaction in any high-performance computing exercise for 2 years.
Bitcoin mining large 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 response to an investigation by The Massive Whale’s Gregory Raymond and Raphaël Bloch issued on Friday, if the deal goes via, EDF shall be barred from partaking in any HPC exercise for 2 years.
The restriction reportedly covers not solely Bitcoin mining but in addition AI computing, cloud providers, and even the availability of power or help for HPC firms, probably together with France’s personal AI flagship, Mistral AI.
