NVIDIA | Jotup

Poolside upsizes and extends AI Cloud Services contract

Retrieved on:

Monday, April 8, 2024

Bitcoin, Cloud, AI, Partnership, NVIDIA, GPU, Entrepreneurship, Cryptocurrency

Previously announced 3-month AI cloud services agreement with leading AI company, poolside

Key Points:

Previously announced 3-month AI cloud services agreement with leading AI company, poolside
Additional 4-month term commencing mid-April 2024, and extension option for a further 2 months at the customer’s election
IREN has upsized and extended its AI cloud services agreement with poolside, more than doubling the contracted cluster size from 248 to 504 NVIDIA H100 GPUs.
The contract is for an additional 4-month term commencing mid-April, 2024, with an extension option for a further 2 months at the customer’s election.
Eiso Kant, CTO and Co-Founder of poolside, commented:
“We’ve been very impressed with the outperformance of IREN’s NVIDIA H100 GPU cluster as it sits amongst the best-in-class in reliability and performance, as well as the IREN team’s commitment to customer support.
Our business has growing demand for GPU compute and we’re pleased to expand our partnership with IREN to support our growth.”
Daniel Roberts, Co-Founder and Co-CEO of Iris Energy, commented:
“The expansion of our partnership with poolside highlights the quality of our AI Cloud Services business, including our performance-focused technology stack for AI and next-generation data centers powered by renewable energy.”

IREN Announces Monthly Investor Update for March 2024

Retrieved on:

Thursday, April 4, 2024

Bitcoin, NVIDIA, Mining

Monthly mining revenue increased by 56% to $23.7m, due to increased hashrate and higher Bitcoin price

Key Points:

Monthly mining revenue increased by 56% to $23.7m, due to increased hashrate and higher Bitcoin price
2024 expansion to 20 EH/s, now fully funded
H1 2024 (10 EH/s) – 8 EH/s operating, remaining 2 EH/s to be commissioned
Recently presented at NVIDIA GTC, with poolsideAI’s Co-Founder & CTO joining the stage to highlight the strength of IREN’s cloud services capabilities

Bitdeer Announces March 2024 Operations Updates

Retrieved on:

Thursday, April 4, 2024

Cloud, Bitcoin, Immersion, H100, Marathon Digital, NVIDIA, Mining, Cryptocurrency

2 Proprietary hash rate as of March 31, 2024 was 8.4 EH/s, equivalent to proprietary hash rate as of February 29, 2024.

Key Points:

2 Proprietary hash rate as of March 31, 2024 was 8.4 EH/s, equivalent to proprietary hash rate as of February 29, 2024.
4 Aggregate electrical capacity remained steady, totaling 895MW across six mining datacenters as of March 31, 2024.
Bitcoin mined in March 2024 increased by 2.4% compared to February 2024.
Bitdeer intends to install its own SEALMINER A1 miners at its mining datacenters in Rockdale, Texas, United States, and in Norway by the end of 2024.

Accelerated Computing Leader Voltron Data Named to the CB Insights AI 100 for Being the One of Most Promising AI Companies in the World

Retrieved on:

Wednesday, April 3, 2024

Organization, Government, Data, GPU, Memory, Theseus, Lightning, SAN, CB Insights, Research, AI, Graphics processing unit, NVIDIA, HPE

SAN FRANCISCO, April 03, 2024 (GLOBE NEWSWIRE) -- Voltron Data , the company accelerating modular and composable data analytics systems, today announced that it has been named to the CB Insights AI 100 that showcases the 100 most promising private AI companies of 2024.

Key Points:

SAN FRANCISCO, April 03, 2024 (GLOBE NEWSWIRE) -- Voltron Data , the company accelerating modular and composable data analytics systems, today announced that it has been named to the CB Insights AI 100 that showcases the 100 most promising private AI companies of 2024.
Voltron Data is the only company honored in the accelerated computing category: https://www.cbinsights.com/learn/ai-100-2024 .
“AI is taking off at lightning speed, and it’s not just big tech companies at the forefront of it,” said Deepashri Varadharajan, director of AI research at CB Insights.
“GPUs are ideal for the whole data pipeline, not just computationally hard things such as AI/ML,” said Josh Patterson, co-founder and CEO of Voltron Data.

Schneider Electric begins Innovation Summit World Tour, unveiling latest innovations and collaborations

Retrieved on:

Wednesday, April 3, 2024

The technology exists today to dramatically reduce emissions and to bridge progress and sustainability,” said Peter Herweck, CEO of Schneider Electric.

Key Points:

The technology exists today to dramatically reduce emissions and to bridge progress and sustainability,” said Peter Herweck, CEO of Schneider Electric.
“Only through innovation and collaboration can we unlock new opportunities for digitalization, electrification and decarbonization that creates lasting impact.
Inaugurated in 2016, Schneider Electric’s Innovation Summits showcase the company’s latest innovations, solutions, and partnerships that drive the future of automation, electrification, and digitalization.
And for fleet and charge point operators, EcoStruxure EV Advisor and EVLink Pro DC 180 kW offer the latest in electric vehicle (EV) charging and management.

Schneider Electric begins Innovation Summit World Tour, unveiling latest innovations and collaborations

Retrieved on:

Wednesday, April 3, 2024

The technology exists today to dramatically reduce emissions and to bridge progress and sustainability,” said Peter Herweck, CEO of Schneider Electric.

Key Points:

The technology exists today to dramatically reduce emissions and to bridge progress and sustainability,” said Peter Herweck, CEO of Schneider Electric.
“Only through innovation and collaboration can we unlock new opportunities for digitalization, electrification and decarbonization that creates lasting impact.
Inaugurated in 2016, Schneider Electric’s Innovation Summits showcase the company’s latest innovations, solutions, and partnerships that drive the future of automation, electrification, and digitalization.
And for fleet and charge point operators, EcoStruxure EV Advisor and EVLink Pro DC 180 kW offer the latest in electric vehicle (EV) charging and management.

Duos Technologies Group Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Monday, April 1, 2024

Congress, Algorithm, Growth, Patent, Intelligence, Centraco, AI, Dell Technologies, RIPS, Safety, Calendar, Marketing, NVIDIA, Trade, Artificial intelligence, PMCS, Electricity, Video game

JACKSONVILLE, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the fourth quarter (“Q4 2023”) and full year ended December 31, 2023.

Key Points:

JACKSONVILLE, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the fourth quarter (“Q4 2023”) and full year ended December 31, 2023.
King joins Duos with over 20 years of operational and commercial leadership experience within the energy and supply chain sectors.
It should be noted that the following Financial Results represent the consolidation of the Company with its subsidiaries Duos Technologies, Inc. and truevue360™.
Total revenue for Q4 2023 decreased 74% to $1.53 million compared to $5.93 million in the fourth quarter of 2022 (“Q4 2022”).

20 EH/s expansion fully funded

Retrieved on:

Monday, April 1, 2024

Bitcoin, Cloud, AI, NVIDIA, Growth, Cryptocurrency

SYDNEY, Australia, April 01, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update.

Key Points:

SYDNEY, Australia, April 01, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN ) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update.
Starting from the quarter ending March 31, 2024
460MW of data center capacity in 2024, with land portfolio and executed connection agreements for 2,160MW of power underpinning continued growth across both AI Cloud Services and Bitcoin mining
Recently presented at NVIDIA GTC, with poolside AI’s Co-Founder & CTO joining the stage to highlight the strength of IREN’s cloud services capabilities

Bitdeer Reports Financial Results for the Full Year 2023 and Operational Update

Retrieved on:

Thursday, March 28, 2024

Cloud, Research, Electricity, Growth, H100, Gedu, The Straits Times, NVIDIA, Mining, Cryptocurrency

The sum of below operating expenses in the full year of 2023 was US$104.2 million, as compared to US$140.6 million in the full year of 2022.

Key Points:

The sum of below operating expenses in the full year of 2023 was US$104.2 million, as compared to US$140.6 million in the full year of 2022.
As of December 31, 2023, the Company held US$144.7 million in cash and cash equivalents, as compared to US$231.4 million as of December 31, 2022.
Use of cash included active construction of mining datacenters in North America, Norway, and Bhutan, and the purchase of mining machines in 2023.
On January 24, 2024, the Company announced that it had been named as one of Singapore’s Fastest Growing Companies 2024 .

BCA Labs Unveils AI-Powered BCA Protocol to Reshape AI Training Data, Puts Users in Control

Retrieved on:

Thursday, March 28, 2024

Cloud, OpenAI, Growth, Intelligence, Internet, Social media, Artificial intelligence, BCA, AI, ZK, Data collection, Blockchain, OCAM, Privacy, NVIDIA, Cryptocurrency

BCA Labs received grants from Google and is part of the NVIDIA inception program.

Key Points:

BCA Labs received grants from Google and is part of the NVIDIA inception program.
The recent stealth funding round, which astonishingly concluded in just three minutes, highlights the immense confidence and excitement surrounding the BCA Protocol.
Additionally, BCA Labs is fully integrating OpenAI into the BCA Protocol to harness the power of advanced artificial intelligence.
“The BCA Protocol harnesses the power of AI to create a fairer, more transparent data collection for training LLMs," said a representative of BCA Labs.