BTBT - Bit Digital Inc. Announces Finalized AI Customer Contract Terms and Datacenter Location | Benzinga
NEW YORK, Nov. 20, 2023 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York City, is pleased to announce that it has finalized its service agreement with its first customer of its new business line, Bit Digital AI.
Under the terms of the agreement, Bit Digital will supply the customer with computational power from 1,504 GPUs for a period of three years. The contract will commence January 2024 and represents more than $35 million of annualized revenue to Bit Digital. To fulfill the contract, the Company has placed a purchase order for servers manufactured by with Super Micro Computer, Inc., an authorized Nvidia OEM, that are equipped with 1,504 Nvidia HGX H100 GPUs along with related ...