Dragonfly Partner: Without the development of the encryption industry, the current AI boom may not be possible

On 31 July, Dragonfly Partner Haseeb wrote on platform X that, without the development of the encryption industry, the current AI boom might not be possible. He said that the experience of the Bitcoin miners in remote areas over the past decade or so with access to electricity, site selection and large-scale infrastructure development had provided an important basis for the current expansion of the AI data centre; at the same time, the need for encrypted mining had helped Yvida to complete the transition from a GPU manufacturer to an AI computing chip provider. In addition, the core teams of the new AI cloud service providers, such as CoreWeave, Crusoe, Together AI and Nscale, have a background in the encryption industry。