Tether Dives Into AI Wave With $420M Nvidia GPU Investment Amid Soaring Demand – Bitcoin News
September 22, 2023
According to a report, Tether, the largest stablecoin issuer by market capitalization, has invested $420 million in 10,000 Nvidia H100 graphics processing units (GPUs). This news emerges during a time of surging demand for artificial intelligence (AI). It also comes after Iris Energy reported in August that its bitcoin mining operation acquired 248 Nvidia H100s.
Tether Splurges $420M on Nvidia’s…