Driehaus Capital Management | Independent Boutique Investment Adviser (original) (raw)

Nov 05, 2024

Transforming Mines to Minds: The Shift from Bitcoin Mining to AI Data Centers

By Prakash Vijayan, CFA

Hyperscalers with generative AI needs are particularly interested in converting to bitcoin mining data centers due to the substantial power requirements and the urgency of deployment timelines. Generative AI applications demand immense computational power and energy, often ten times more than standard operations.

Nov 01, 2024

Driehaus Global Strategy September 2024 Commentary

By Global

This month’s commentary examines contributors and detractors from Q3 performance, as well as recent portfolio shifts, in greater detail.

View All Commentary

Transforming Mines to Minds: The Shift from Bitcoin Mining to AI Data Centers

Prakash Vijayan, CFA

Hyperscalers with generative AI needs are particularly interested in converting to bitcoin mining data centers due to the substantial power requirements and the urgency of deployment timelines. Generative AI applications demand immense computational power and energy, often ten times more than standard operations.

Learn More