Are AI giants coming for bitcoin miners' power?

CoinDesk reports that AI firms are now directly competing with bitcoin miners for large-scale power and data-center capacity after Anthropic signed a multi-gigawatt compute deal with Google and Broadcom. The article highlights miners already converting mining capacity to AI hosting to capture higher-margin compute revenue, suggesting a shifting demand profile for grid and colocation capacity. For markets, this competition could pressure miner margins, slow new bitcoin-hash expansion, and reallocate infrastructure investment toward AI workloads — while offering miners a diversification route. The story is framed as market commentary on structural demand for electricity and compute, with unclear net effects on Bitcoin price but clear implications for energy, data-center operators, and listed miners.