Chip

Equity

Bitcoin

Northern

Reported Forbes, Tether is entering a $420 million deal involving artificial intelligence chips and Bitcoin mining firm Northern Data.
That report indicates that Tether has spent $420 million in acquiring 10,000 Nvidia H100 GPUs, roughly constituting 2% of Nvidia's total shipments of 550,000 GPUs for the year. H100 is the world's most advanced chip ever built. It features major advances to accelerate AI, HPC, memory bandwidth, interconnect and communication at data center scale.
This purchase was made on behalf of Northern Data, a German cryptocurrency mining company looking to provide cloud access to these specialized chips for AI startups. In return, Tether will secure a 20% stake in Northern Data.
<img src="https://s2.tokeninsight.com/static/calendar/img20230921112239ab5414a0-8e9b-4f6e-80d7-bf2a580dd0a5.jpg">
Stay updated with the most important <a target="_blank" href="https://tokeninsight.com/en/news">cryptocurrency news</a> and valuable insights, conveniently delivered to your email every day. <a rel="noopener noreferrer nofollow" target="_blank" href="https://mailchi.mp/tokeninsight/newsletter">Subscribe to the TokenInsight mailing list now!</a>
Prefer social media? Follow us on <a rel="noopener noreferrer nofollow" target="_blank" href="https://twitter.com/tokeninsight">Twitter</a>, or subscribe to our <a rel="noopener noreferrer nofollow" target="_blank" href="https://t.me/TokenInsightchannel">Telegram channel!</a>
If you have news reports or announcements that you want to reach a wider audience, feel free to email us at <a href="mailto:news@tokeninsight.com">news@tokeninsight.com</a>

Tether Spent $420M to Purchase Advanced AI Chip For a Mining Firm's Equity Stake

TokenInsight

Các bài viết khác được xuất bản trên 21 thg 9, 2023

Singapore Crypto Tax Guide 2024

stake.link launches new Chainlink staking program features

Cryptocurrency misuse cases in Latin America

1inch and Trust Wallet launch a swap competition

Long-Dormant Ethereum Genesis Wallet Awakens to Transfer ETH to Coinbase

Tether Group denies stake size in Northern Data investment

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!