Dragonfly Partner: Without the development of the crypto industry, today's AI boom might not have emerged

Odaily reported that Haseeb, a partner at Dragonfly, posted on X platform, stating that without the development of the crypto industry, the current AI craze might not have emerged. He noted that over the past decade, Bitcoin miners have accumulated expertise in power acquisition, site selection, and large-scale infrastructure construction in remote areas, which has laid an important foundation for the expansion of today's AI data centers. Additionally, the demand for crypto mining has also helped Nvidia transition from a gaming GPU manufacturer to a supplier of AI computing chips.

Furthermore, core teams of several emerging AI cloud service providers, including CoreWeave, Crusoe, Together AI, and Nscale, have backgrounds in the crypto industry.