Bitdeer Technologies expands AI computing capacity and services as part of a strategic pivot toward mainstream AI infrastructure markets.
Bitdeer Technologies Group (NASDAQ:BTDR) soared by 37.6 percent week-on-week following its adoption of NVIDIA GB200 NVL72 deployment in Malaysia. The company stated that the deployment would support the most demanding AI workloads and represent a pivotal step in its broader strategy to expand its global AI infrastructure footprint, leveraging its robust power capacity and land resources to build next-generation systems for the AI-driven era.
The company is underway with a significant expansion of its AI data center footprint. This includes construction of a 13 MW accelerated computing data center in Washington, a 37 MW accelerated computing data center in Tennessee, a 570 MW accelerated computing data center in Clarington, and a 175 MW facility in Tydal, Norway. The Washington and Tennessee facilities, originally operated for cryptocurrency mining, are undergoing a full conversion to GPU-optimized AI data centers.
Louis Xu, Head of AI department for Bitdeer Technologies Group (NASDAQ:BTDR), highlighted the significance of this milestone: "The deployment of NVIDIA GB200 NVL72 infrastructure is a significant milestone in Bitdeer AI's journey toward building a global, intelligent cloud. With our expanding data center capacity, land reserves, and GPU infrastructure, we're creating a strong foundation that supports the entire AI lifecycle, from model training to intelligent application deployment. This is how we turn 'AI Power, Simplified' into reality."