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Jihan Wu’s Bitcoin mining agency Bitdeer companions with NVIDIA

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Blockchain firm Bitdeer has turn into a cloud service supplier within the NVIDIA associate community.

Bitcoin cloud mining providers firm Bitdeer Applied sciences Group has entered right into a partnership settlement with NVIDIA to double down on supercomputing assets.

In a press launch on Nov. 9, Bitdeer mentioned it had turn into a cloud service supplier (CSP) within the NVIDIA associate community. It permits the Singapore-based firm to launch a cloud service in Asia powered by NVIDIA DGX SuperPOD, a synthetic intelligence knowledge middle infrastructure with DGX H100 techniques.

NVIDIA’s Senior Director of the DGX platform, Tony Paikeday, mentioned the partnership opens doorways for Bitdeer to offer the AI supercomputing and software program “wanted to construct and deploy generative AI fashions and providers.”

You may also like: Bitdeer to purchase again shares value as much as $2m

Based in 2018 by Jihan Wu, a co-founder of Bitcoin (BTC) mining large Bitman, Bitdeer says it’s at present “methodically constructing its GPU cloud enterprise” as a part of its strategic roadmap.

Ultimately, Bitdeer plans to supply advanced merchandise similar to Platform-as-a-Service, Software program-as-a-Service, Software-as-a-Service, and Infrastructure-as-a-Service with customized APIs. In line with the corporate, DGX SuperPOD-based cloud service platform is anticipated to be launched in Q1 2024.

Bitdeer’s shares BTDR continued to say no in worth regardless of the information being launched, shedding 6.3% at $3.53 on Friday, Nov. 10. The corporate’s market cap decreased to $392.6 million, in line with Nasdaq.

Learn extra: Bitdeer completes its Bhutan mining facility

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