Not only has the crypto mining firm taken 'blockchain' out of its name, it will throw its computing might into powering AI tools like ChatGPT.
Hive Digital, which formerly focused on crypto mining, is pivoting to artificial intelligence.
Not only has the firm taken “blockchain” out of its name, it will throw its computing might into powering AI tools like ChatGPT.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Hive Digital, a company known for its crypto mining prowess, is shifting its focus to artificial intelligence — and dropping blockchain from its name.
The firm intends to use its Nvidia GPU fleet to power cloud technology undergirding ChatGPT and other AI tools. "Our name change and strategic pivot indicates our progressive trajectory as a company," Hive president and CEO Aydin Kilic said in a."High performance computing, driven in large part by GPU processing power, is growing incredibly fast today"
"Training these tools, from ChatGPT to Midjourney, require high-end GPU compute," Kilic continued."As businesses adapt to the new AI world, we believe they will seek companies like Hive to develop their own AI tools, to give them a competitive edge in this new era of digital information."
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