Hut 8 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
Portfolio Pulse from Benzinga Newsdesk
Hut 8 has announced that its GPU-as-a-service vertical has started generating revenue as the first GPU cluster for an AI cloud developer is now fully operational.
September 26, 2024 | 10:42 am
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Hut 8's new GPU-as-a-service vertical is now generating revenue, marking a significant milestone as their first AI cloud developer cluster is fully operational.
The announcement that Hut 8's GPU-as-a-service vertical is generating revenue is a positive development, indicating successful deployment and potential for future growth. This could lead to increased investor confidence and a positive short-term impact on the stock price.
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