AI compute is 'critical infrastructure' like railroads & steel: Hut 8 CEO

Hut 8 CEO Asher Genoot said AI compute is 'critical infrastructure' akin to railroads and steel, projecting $1.75 billion in annual net operating income as new data centers come online.

Hut 8 HUT https://finance.yahoo.com/quote/HUT/ CEO Asher Genoot compares AI compute buildout to historical infrastructure booms like railroads and steel, projecting $1.75 billion in annual net operating income as new data centers come online. Hut 8 HUT https://finance.yahoo.com/quote/HUT/ CEO Asher Genoot compares AI compute buildout to historical infrastructure booms like railroads and steel, projecting $1.75 billion in annual net operating income as new data centers come online.