Amazon releases AI chip Trainium 3, encryption mining companies transform to participate in the "GPU gold rush"

BTC-1,99%

PANews reported on December 3 that Amazon has launched its next-generation AI chip Trainium 3, which has a training speed four times that of its predecessor, targeting Nvidia's market share. This chip will be offered as a service through AWS to support large-scale model training. Meanwhile, several Bitcoin mining companies such as Core Scientific and IREN are transforming their data centers into AI infrastructure and have reached multi-billion dollar cooperation agreements with Microsoft and Google. Despite the high enthusiasm for investment in AI infrastructure, analysts warn that if demand slows down, related companies may face a funding gap of up to $800 billion.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Core Scientific Secures Up to $1 Billion From Morgan Stanley for Pivot From Bitcoin Mining to AI

Core Scientific has secured up to $1 billion from Morgan Stanley to transition from Bitcoin mining to data center infrastructure. The funds aim to enhance expansion and service technology firms amid rising AI demands, with plans to monetize its Bitcoin holdings for financing.

Decrypt16m ago

In the past 24 hours, the total contract liquidation across the entire network reached $289 million, with both longs and shorts being liquidated.

PANews March 5 News, CoinAnk data shows that in the past 24 hours, the total liquidations in the cryptocurrency market across all contracts reached $289 million, including $122 million in long positions and $167 million in short positions. The total liquidation amount for BTC was $118 million, and for ETH it was $71.1816 million.

GateNews20m ago

Data: In the past 24 hours, the entire network has been liquidated by $397 million, mainly short positions.

In the past 24 hours, the total liquidation amount in the cryptocurrency market reached $397 million, with $152 million in long positions and $245 million in short positions. Among them, BTC liquidations totaled $158 million, ETH liquidations totaled $122 million, 104,461 people were liquidated, and the largest single liquidation was $12.623 million.

GateNews20m ago

Data: 340 BTC transferred from an anonymous address to Wintermute, valued at approximately $23.74 million

ChainCatcher reports that, according to Arkham data, at 23:16, 340 BTC (worth approximately $23.74 million) was transferred from multiple anonymous addresses to Wintermute.

GateNews30m ago
Comment
0/400
No comments