According to CryptoPotato, German data center and Bitcoin mining operator Northern Data has invested another $360 million in GPUs to enhance its cloud computing services. The move marks the further integration of Bitcoin miners into the AI field, with industry companies benefiting from existing infrastructure and economies of scale. Northern Data's AI-focused subsidiary Taiga Cloud announced the investment in a press release on Wednesday. The investment is worth 330 million euros and has purchased 384 HPE Cray XD supercomputer cabinets for the company, equipped with a total of about 8,200 NVIDIA H100 Tensor Core GPUs. Previously, Northern Data purchased an additional 10,000 NVIDIA cloud GPUs in September, which was supported by Tether, the world's largest stablecoin issuer. Tether owns a partial stake in Northern Data and provided the company with $609 million in debt financing earlier this month. The company added that its AI cloud facilities are "100% carbon neutral", solving energy-related problems that plague AI and data centers as well as Bitcoin miners. Earlier this month, Northern Data began construction of a 30MW mining facility in North Dakota.
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Northern Data spends $360 million on GPUs to further expand into AI
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