Mentioned:
AMCI -7.87% HIVE -13.96%

HIVE Digital Technologies is using their high performance computing capacity for something new: robotics.

What’s happening:

  • HIVE Digital Technologies (NASDAQ: HIVE) and AMC Robotics (NASDAQ: AMCI) have formed a new collaboration to run artificial intelligence workloads for robotics

Why it matters:‍

  • This is the first high performance computing deal that HIVE Digital Technologies has ever done focused on training artificial intelligence models for robotics

Going deeper:‍

  • AMC Robotics will run their artificial intelligence workloads on GPUs hosted at HIVE Digital Technologies’ data centres as part of the new deal
  • AMC Robotics has publicly stated they plan to use their access to large scale GPUs for video processing, navigation technology and improving their artificial intelligence models for specific tasks such as autonomous security and inspection

The intrigue:‍

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