Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.

Source: https://www.coindesk.com/business/2023/09/21/stablecoin-issuer-tether-ventures-into-ai-with-northern-data-in-427m-nvidia-chip-splurge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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