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Stock impact report

Cipher Mining (CIFR) Advances AI & HPC Infrastructure With Ulysses Site Buy [Yahoo! Finance]

Cipher Mining Inc. (CIFR) 
Company Research Source: Yahoo! Finance
Firm analysts view Ulysses site as a strategic win for CIFR, aligned with HPC growth ambitions. Cipher Mining announced on Tuesday that it has acquired a 200MW Ulysses site in Ohio, representing its first ever acquisition outside of Texas. “Cipher Mining is busier than Santa's helpers with this morning's announcement of its 200MW Ulysses site in Ohio, representing the company's first acquisition outside of Texas and a clear proof-point that management is actively sourcing beyond ERCOT.” According to Tyler Page, CEO of Cipher, Hyperscalers have been driving unprecedented demand for large-scale sites, and Cipher is continuing to seize the opportunity by shaping the future of high-performance computing infrastructure. The new site offers CIFR additional capacity to continue expanding its HPC hosting business. Compass Point noted how this acquisition offers CIFR entry into the PJM market, which is a key region for AI and HPC demand. The Ulysses site includes 195 acres of land wi Show less Read more
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