CleanCore Pivots to AI Infrastructure with $800M Cerebras Deal

CleanCore Solutions has made a significant pivot in its business strategy by signing a $800 million colocation agreement with Cerebras Systems, valued at $800 million over 10 years.

The deal involves an initial capital commitment of $40 million and up to $500 million in total funding. CleanCore's shift towards AI infrastructure marks a departure from its earlier focus on its Dogecoin treasury strategy under CEO Tyler Hassen.

This move is noteworthy as it shows how some public crypto-treasury firms are evolving their business models, with AI infrastructure becoming a major theme in the public markets.