Singapore-based cryptocurrency miner Bitdeer Applied sciences Group has unveiled an bold enterprise into the realm of synthetic intelligence (AI) computing energy, setting its sights on Asia’s burgeoning market. The Nasdaq-listed firm, specializing in blockchain and high-performance computing, introduced its strategic transfer on Friday, detailing plans for the launch of Bitdeer AI Cloud within the first quarter of 2024, marking a pivotal step in direction of revolutionizing AI companies within the area.
Bitdeer CEO Matt Kong Linghui revealed that the platform’s deployment would happen in phases, with the preliminary give attention to Singapore companies. The corporate is at present within the technique of establishing its first AI cloud information middle in Singapore, slated to begin operations in November, concurrent with the continued growth of the requisite software program.
Kong highlighted the disparity between the abundance of superior AI concepts within the area and the challenges in buying the required infrastructure and sources to materialize these ideas. Emphasizing the transformative function of AI throughout industries, Kong underscored the importance of Bitdeer’s initiative in addressing this hole.
The Bitdeer AI Cloud platform distinguishes itself by being one of many first cloud companies within the area powered by Nvidia’s cutting-edge {hardware} and software program techniques tailor-made for enterprises. This strategic alliance was solidified by way of an official partnership announcement on Friday, positioning Bitdeer as a most popular cloud service supplier within the prestigious Nvidia companion community.
Mr. Dennis Ang, Nvidia’s Senior Director for Enterprise Enterprise in Asean, Australia, and New Zealand, underscored the important thing obstacles hindering organizations’ entry to AI—excessive prices and an absence of ability units. He expressed optimism concerning the partnership, highlighting the potential to expedite the training curve for organizations looking for to combine AI into their operations.
Bitdeer’s rapid plan entails extending its AI companies to native firms in Singapore earlier than increasing its footprint to Indonesia and Malaysia. Past this regional focus, the corporate envisions a broader presence throughout the US, Europe, and Asia, positioning itself for in depth development.
Bitdeer Applied sciences Group, a spin-off from the cryptocurrency mining large Bitmain, has launched into this groundbreaking enterprise, showcasing the dynamic intersection of cryptocurrency experience and AI innovation. The partnership with Nvidia, a dominant power within the AI chip market, propels Bitdeer right into a pioneering place on the forefront of AI options within the Asian market.
