A crypto miner became Europe’s most valuable AI startup in two years. Now it is spending $812 million to prove the model scales.
Two years ago, Nscale was a cryptocurrency mining operation. On Tuesday, the company announced €695 million ($812 million) in new infrastructure investment in Portugal, an expansion of its partnership with Microsoft that will deliver more than 66,000 Nvidia Rubin GPUs to a site with 1.2 gigawatts of permitted capacity. Nscale is now valued at $14.6 […]<br /> This story continues at The Next Web [...]
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