Latest News and Articles about Nvidia GPUs
IREN Ditches Bitcoin Mining Losses for $9.3B AI Cloud Gamble
IREN Abandons Bitcoin Mining Losses for Risky AI Cloud Bet Australia-based IREN, once known as Iris Energy, is pulling a hard U-turn, ditching the bleeding wound of Bitcoin mining for the high-stakes arena of AI cloud services. With losses stacking up to $19,000 per Bitcoin mined against a brutal production cost of $80,000 per coin, […]
Read MoreTencent Bypasses U.S. Nvidia GPU Ban Using Offshore Data Centers in Osaka and Sydney
Tencent Sidesteps U.S. Export Bans with Nvidia GPUs via Datasection’s Data Centers in Osaka and Sydney Tencent, a titan of Chinese tech, has pulled off a bold maneuver to dodge U.S. export restrictions on Nvidia’s cutting-edge GPUs by partnering with Japanese AI infrastructure provider Datasection. Utilizing data centers in Osaka and Sydney, this offshore strategy […]
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