Bitmain is interested in the AI

Largest manufacturer of mining hardware is interested in the field of artificial intelligence
26 October 2017   2153

The Chinese company Bitmain Technologies has announced the creation of the first products to accelerate artificial intelligence applications (AI), reports Forex Magnates.

The company based in Beijing is primarily known as one of the leading manufacturers of cryptocurrency minning hardware, but intends to diversify the business. The AI initiative is implemented in the Bitmaintech Israel engineering and technology center.

We are very proud to be part of the effort to develop software for an artificial intelligence product called Sophon. Our AI researchers focused on creating a computer version and NLP-solutions optimized for the Sophon platform.
 

Gadi Glikberg
Head, Bitmaintech Israel

According to him, the usecases of new products can be the most diverse and include the recognition of speech and images, the technology of autonomous vehicles, the improvement of surveillance systems, robotics, Internet of things (IoT) and much more.

Bitmain saw in the AI-business trends similar to those that were characteristic for the initial stage of the existence of bitcoin, and towards the end of 2015 we decided to start research in the field of artificial intelligence. Now, only a year and a half later, we are already massively releasing chips.
 

Mikri Zhang

CEO of Bitmain.

According to the developers, the new products, called BM1680 and SC1, are fully compatible with popular AI-platforms, including Caffe, Darknet, Googlenet, VGG, Resnet, Yolo, Yoto2 and other models. 

Bitmain to Launch Mining Centre in Texas

According to the company's plans, the farms capacity can reach 300 MW, which will make it the largest in the world
21 October 2019   30

Bitmain has completed the construction of a 50 MW mining center in Rockdale, Texas.

In the future, the farm's capacity can reach 300 MW, which will make it the largest in the world, according to Bitmain.

The company will create new jobs in the region. Together with local authorities, the company also organizes training for specialists in the field of blockchain technology and the maintenance of data centers.