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Tether makes AI foray with huge bet on Cloud GPUs

Posted on 09/22/2023

Tether makes AI foray with huge bet on Cloud GPUs

Tether has made an entry into the AI space with a strategic investment in Bitcoin miner Northern Data. Media reports say Tether purchased 10,000 Nvidia H100 GPUs worth $420 million. Tether, the company behind the $83 billion stablecoin USDT, has marked its foray into the AI tech space with a strategic investment in Europe-based crypto […]

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