Hut 8 GPU-as-a-Service Vertical Goes Live with Inaugural Deployment [Financial Post (Toronto, Ontario, Canada)]
Hewlett Packard Enterprise Company (HPE)
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Source: Financial Post
1,000 NVIDIA H100 GPUs delivered to AI cloud developer MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced that its GPU-as-a-service vertical has begun generating revenue as the inaugural GPU cluster for an AI cloud developer comes fully online. The cluster, hosted at a tier-three data center in Chicago, comprises multiple Hewlett Packard Enterprise (“HPE”) Cray supercomputers powered by 1,000 NVIDIA H100 GPUs. Hut 8 partnered with HPE and AdvizeX to design, configure, and commission the cluster, which is being launched under Hut 8's subsidiary, Highrise AI, Inc. Hut 8's five-year agreement with the AI cloud developer provides for fixed infrastructure payments plus revenue-sharing. “The launch of our GPU-as-a-service vertical further diversifies our compute layer, which now spans AI c
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