Crypto Billionaire’s Nonprofit Acquires $500M Worth of AI Chips for Generative AI

Crypto billionaire Jed McCaleb, known as a co-founder major crypto companies like Stellar, Ripple, and Mt Gox, has launched a nonprofit with a mission to empower the development of generative AI. This nonprofit, registered in the US as a 501(c)(3) organization, recently purchased 24,000 Nvidia H100 graphics cards (GPUs), estimated to be worth a staggering The post Crypto Billionaire’s Nonprofit Acquires $500M Worth of AI Chips for Generative AI appeared first on Cryptonews .