News with the tag "GPU"

CoreWeave, a leading GPU cloud provider, plans to acquire Core Scientific, a prominent crypto mining firm, in a $9 billion all-stock deal, marking a significant convergence of GPU cloud services and crypto mining industries.

Iris Energy reported record-breaking revenue and significant progress in its AI Cloud expansion in June, achieving a 50 EH/s hashrate and deploying additional NVIDIA Blackwell GPUs.

Distributed compute tokens, which provide real utility in AI, storage, and GPU markets, remain undervalued compared to GameFi tokens, despite their practical applications and growth potential.