Tether spent ~$420M on 10K Nvidia H100 GPUs in a deal that will see it get a stake in bitcoin miner Northern Data, who plans to rent the chips to AI startups

A $40,000 computer chip has become one of the hottest commodities in the tech industry. Startups are scrambling to buy up Nvidia’s H100, the graphics processing unit of choice among artificial intelligence companies looking to crunch huge amounts of data. Now an unlikely new rival has joined the…#nvidiash100 #tethergroup #h100 #northerndata #gpu #nvidia #jensenhuang #newjersey #crusoe #hut8

Source: Reuters: Health - September 22, 2023 Category: Consumer Health News Source Type: news