Amazon Collaborates with AI Company Originating from Bitcoin Mining in $5.5 Billion Data Agreement

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

BTC-0.8%

AI-3.003%

Source: Coinmarketcap

Updated: Nov 03 2025

Major Partnership Announcement: Cipher Mining has entered a $5.5 billion, 15-year agreement with Amazon Web Services (AWS) to provide data center capacity for AI hosting, marking a significant shift from its previous focus on crypto mining.
New Data Center Development: The company plans to build a large data center complex in West Texas, named Colchis, designed to support AI workloads, with full activation expected by 2028, pending regulatory approval.
Financial Growth and Market Reaction: Cipher's recent earnings report showed a net loss but highlighted $8.5 billion in AI-related lease commitments, leading to a 33% surge in its stock price, reflecting investor confidence in its pivot to AI infrastructure.
Industry Trends: The convergence of crypto mining and AI infrastructure is emerging as a key trend, with Cipher positioning itself as a leader in the AI ecosystem, showcasing how mining firms can adapt to the evolving data demands of tech giants.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Amazon Collaborates with AI Company Originating from Bitcoin Mining in $5.5 Billion Data Agreement

About the author

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