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The latest announcement is out from Hydaway Digital Corp. ( (TSE:HIDE) ).
Hydaway Digital Corp. has announced the opening of a new facility in North Vancouver, marking a significant expansion in its operations. This move includes the development of a proprietary GPU rental portal, which aims to provide scalable, on-demand access to high-performance GPUs, positioning the company at the forefront of the GPU-as-a-service market. The expansion has increased the company’s GPU capacity by over 200%, enhancing its computing power significantly. Additionally, the company has granted stock options to its officers, directors, and consultants as part of its growth strategy.
More about Hydaway Digital Corp.
Hydaway Digital Corp. is a computer rendering and GPU rental service provider based in North Vancouver, British Columbia. The company specializes in generating images or animations using computer programs, offering services that include high-performance GPU rentals for industries such as AI research, machine learning, and advanced simulations.
Average Trading Volume: 16,641
Technical Sentiment Signal: Buy
Learn more about HIDE stock on TipRanks’ Stock Analysis page.