Bitcoin miners are increasingly pivoting to artificial intelligence (AI) to counteract challenges in the mining sector. Core Scientific, after emerging from bankruptcy in early 2024, has signed a $3.5 billion deal with CoreWeave to host AI operations, despite a drop in revenue. This strategic shift has led to stock gains amid acquisition talks. Similarly, Hut 8 launched AI services in September 2024 using Nvidia GPUs, while maintaining its focus on Bitcoin mining. Other companies like Iren and Hive have reported revenue growth from AI initiatives, with Hive investing $30 million in GPU deployment. Riot Platforms and MARA Holdings are exploring AI and high-performance computing workloads, whereas Canaan remains focused on mining hardware. These moves highlight the industry's adaptation to a changing landscape, balancing AI ventures with traditional mining activities.