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Enhancing AI Capabilities: Northern Data Subsidiary Invests $362 Million in Nvidia GPU

Enhancing AI Capabilities: Northern Data Subsidiary Invests $362 Million in Nvidia GPU

Northern Data’s Subsidiary Acquires 8,200 Nvidia GPUs for AI Infrastructure

On Wednesday, Northern Data Group revealed that its subsidiary, Taiga Cloud, has successfully acquired about 8,200 Nvidia H100 Tensor Core GPUs to expand its AI infrastructure. This acquisition follows their previous purchase of 10,000 Nvidia GPUs in September. The procurement of these new units will enhance Taiga Cloud’s collection of AI-oriented hardware.

Taiga Cloud’s Expanding AI Infrastructure

Taiga Cloud has collaborated with Hewlett Packard Enterprise (HPE) to equip its infrastructure with HPE Cray XD supercomputers. These supercomputers will be equipped with Nvidia H100 GPU Tensor Core GPUs. The recent acquisition, valued at $362 million, further strengthens Taiga Cloud’s position as a leading generative AI Cloud Service Provider in Europe.

Northern Data’s Bitcoin Mining Expansion

Parallelly, Northern Data is making progress in its bitcoin mining endeavors. Its subsidiary, Peak Mining, has recently begun the construction of a 30-megawatt mining facility in Grand Forks, North Dakota. The mining facility, set to be operational in Q1 2024, will utilize Microbt’s advanced liquid-cooled M53S++ miners. This facility will incorporate state-of-the-art direct-to-chip liquid-cooling technology.

Hot Take: Northern Data’s Expanding AI Infrastructure and Bitcoin Mining Ventures

As part of its growth plans, Northern Data Group’s subsidiary, Taiga Cloud, has acquired 8,200 Nvidia GPUs to bolster its AI infrastructure, following a previous acquisition of 10,000 units. This expansion emphasizes Taiga Cloud’s position as a prominent generative AI Cloud Service Provider. Additionally, Northern Data’s bitcoin mining subsidiary, Peak Mining, has initiated the construction of a large-scale mining facility in North Dakota, incorporating advanced liquid-cooling technology. These developments signify Northern Data’s commitment to both the AI and cryptocurrency sectors.

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Enhancing AI Capabilities: Northern Data Subsidiary Invests $362 Million in Nvidia GPU