Friday, May 27, 2022

Alibaba reports slowest growth yet amid COVID-19 outbreaks

The company reported a net loss attributable to shareholders of 16.24 billion yuan ($2.4 billion), more than triple the same time last year, driven primarily by decreases in the market prices of Alibaba's equity investments in publicly-traded companies. https://ift.tt/h3XBAja

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Sources: Nvidia signs leases worth up to $50B for Hut 8's planned 1GW data center in Texas, hosting hundreds of thousands of chips; Hut 8 didn't name its client (Financial Times)

Financial Times : Sources: Nvidia signs leases worth up to $50B for Hut 8's planned 1GW data center in Texas, hosting hundreds of tho...