Northern Data Subsidiary Bolsters AI Capabilities With $362 Million Nvidia GPU Investment

On Wednesday, Northern Data Group, headquartered successful Frankfurt and specializing successful bitcoin mining, disclosed that its subsidiary, Taiga Cloud, has secured a important acquisition of astir 8,200 Nvidia H100 Tensor Core Graphics Processing Units (GPUs). These recently acquired units volition complement Northern Data’s existent postulation of artificial quality (AI)-oriented hardware, pursuing their erstwhile acquisition of 10,000 Nvidia GPUs successful September.

Taiga’s $362M Nvidia AI Boost; Northern Data Launches Liquid-Cooled Bitcoin Mining Site

In a continuous stride towards maturation successful the generative AI sector, Northern Data Group and its subsidiary, Taiga Cloud, announced connected November 29 different noteworthy expansion. Taiga Cloud has enhanced its AI infrastructure done the procurement of further Nvidia-based GPUs.

The enlargement includes equipping Taiga Cloud with HPE Cray XD supercomputers, furnished with Nvidia H100 GPU Tensor Core GPUs. This latest acquisition, valued astatine 330 cardinal euros oregon equivalently $362 million, was facilitated by Hewlett Packard Enterprise (HPE). The institution had antecedently acquired 10,000 Nvidia units successful September.

“Taiga and HPE stock akin beliefs and values, which are aligned to democratizing entree to cutting-edge sustainable generative AI technology,” Karl Havard the managing manager of Taiga Cloud said successful a statement. “We recognize that AI workloads necessitate purpose-built AI-native architecture wherever hundreds and adjacent thousands of nodes enactment unneurotic successful performance to enactment a azygous workload.”

The caller announcement highlights Taiga’s ascendancy arsenic a frontrunner among Europe’s generative AI Cloud Service Providers. Taiga’s concern successful AI hardware exceeds $800 million, granting them “access to implicit 18,000 Nvidia H100 Tensor Core GPUs.” Additionally, Taiga revealed its generative AI Cloud’s accomplishment of 100% c neutrality, maintained done energy-efficient Power Usage Effectiveness (PUE) ratios beneath 1.2.

In a parallel development, Northern Data is advancing its bitcoin mining endeavors. Its subsidiary, Peak Mining, has commenced the operation of a 30-megawatt (MW) mining installation successful Grand Forks, North Dakota. The project, which began this month, is connected way to beryllium operational successful the archetypal 4th of 2024. The facility, boasting state-of-the-art direct-to-chip liquid-cooling technology, volition utilize Microbt‘s precocious liquid-cooled M53S++ miners.

What bash you deliberation astir bitcoin mining firms expanding into the AI sector? Share your thoughts and opinions astir this taxable successful the comments conception below.