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Publicly traded Bitcoin miner Bitfarms says it will wind down its BTC operations and pivot to AI infrastructure after posting a net loss of $46M in Q3 (Logan Hitchcock/Decrypt)

Logan Hitchcock / Decrypt : Publicly traded Bitcoin miner Bitfarms says it will wind down its BTC operations and pivot to AI infrastructu...

30 September 2024

Sources: ByteDance plans to develop an AI model trained primarily with Huawei Ascend 910B chips, which it already uses for less intensive inference tasks (Reuters)

Reuters:
Sources: ByteDance plans to develop an AI model trained primarily with Huawei Ascend 910B chips, which it already uses for less intensive inference tasks  —  TikTok's Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compatriot Huawei Technologies (HWT.UL) …

Posted from: this blog via Microsoft Power Automate.

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