Amazon releases AI chip Trainium 3, encryption mining companies transform to participate in the "GPU gold rush"

PANews reported on December 3 that Amazon has launched its next-generation AI chip Trainium 3, which has a training speed four times that of its predecessor, targeting Nvidia's market share. This chip will be offered as a service through AWS to support large-scale model training. Meanwhile, several Bitcoin mining companies such as Core Scientific and IREN are transforming their data centers into AI infrastructure and have reached multi-billion dollar cooperation agreements with Microsoft and Google. Despite the high enthusiasm for investment in AI infrastructure, analysts warn that if demand slows down, related companies may face a funding gap of up to $800 billion.