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EDC President and CEO Keith Lund made opening remarks to the commission, speaking about a sizable investment in the region by a data processing company. News that blockchain and artificial intelligence start-up Core Scientific is making a $100 million investment into the Grand Forks community headlined the rundown. The update, which Lund likened to an informal conversation, also included business development updates of the more than two dozen companies the EDC assisted in getting off the ground in 2019 and 2020.

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