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14 hours agoBeyond the Hashrate: Why MARA Just Laid Off 15% of Its Staff
MARA has laid off 15% of its workforce as part of a strategic shift towards energy and digital infrastructure services.
During the company's Q2 earnings call, president Martin Lau stated, "From our own perspective, we do have enough chips for training and continuous upgrade of our existing models." Lau emphasized that Tencent is executing numerous software improvements to drive efficiency in inference, allowing for more workloads with the same number of chips.