TL;DR: European prosecutors are investigating Northern Data for allegedly misusing $586 million worth of NVIDIA AI GPUs, claiming tax breaks for AI use while potentially mining cryptocurrency. The ...

Increased self-mining hashrate to 55.2 EH/s on continued deployment of SEALMINERsBitcoin production increased 339% year over ...

Decentralized artificial intelligence has a lot of ground to make up if it wants to compete with centralized AI providers such as OpenAI Group PBC and Google Cloud, but it’s getting a big boost today ...

Dallas, TX (PinionNewswire) — TokensCloud, a global cloud mining platform that got its footing way back in 2019, has launched ...

IREN (Iris Energy) is rapidly scaling as both a top-tier bitcoin miner and a credible AI cloud infrastructure provider. IREN's AI cloud business is gaining momentum, with NVIDIA Preferred Partner ...

Bitcoin mining company IREN (IREN) signed a multi-year GPU cloud services contract with Microsoft, highlighting the integration of traditional mining infrastructure with the demands of Big Tech for AI ...

IREN delivered strong Q1 results last week, showcasing triple-digit revenue growth and rapid expansion in its GPU-as-a-Service Cloud platform. The cloud service company's business momentum is fueled ...

AI-focused GPU-cloud company CoreWeave will use DDN's ExaScaler storage solution for a test installation. In September, the company partnered with Vast Data for a platform designed for workloads ...

Nvidia’s recent initiative to dive deeper into the GPU-as-a-service (GPUaaS) model marks a significant and strategic shift that reflects an evolving landscape within the cloud computing market. As ...

Nebius Group (NBIS) signed a five-year $17B deal with Microsoft and operates data centers 20% more power-efficiently than standard cloud facilities. IREN secured a $10B deal with Microsoft to provide ...