Stablecoin issuer Tether said it is branching into artificial intelligence (AI) through a subsidiary jointly owned by bitcoin (BTC) miner and data cloud provider Northern Data Group (NB2).



Damoon Designated Activity, in which Frankfurt-based Northern Data acquired a majority stake in July, bought some 400 million euros ($427 million) worth of Nvidia graphic processing units (GPU), the German company said in a press release.
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