Bit Digital, Inc. has taken a significant step in expanding its footprint in artificial intelligence (AI) and high-performance computing (HPC) services. The company has secured a binding term sheet in a $700 million agreement with Boosteroid Inc., a leading cloud gaming company.
This partnership underscores Bit Digital's strategic focus on enhancing its AI capabilities by utilizing its existing digital asset mining infrastructure. The collaboration is expected to provide significant advancements in AI services and cloud computing.
Boosteroid's expertise in cloud gaming complements Bit Digital's digital asset operations, aiming to offer a robust platform for AI and HPC solutions. The agreement is a pivotal move for Bit Digital, signaling its commitment to leveraging cutting-edge technology in its operations.
This partnership also highlights the growing convergence between AI, digital asset mining, and cloud gaming industries, opening up new avenues for innovation and growth. Both companies aim to capitalize on their strengths to drive advancements in AI and HPC domains.
