An AI cloud-computing group funded by
cryptocurrency billionaire Jed McCaleb has invested roughly $500 million
in Nvidia’s superior chips. In keeping with a report by Reuters, this funding goals
to remodel the panorama of synthetic intelligence (AI) computing by addressing the scarcity of AI chips.
Voltage Park’s CEO, Eric Park, instructed the media
publication that the group had secured 24,000 Nvidia H100 chips
designed to cater to the calls for of enormous AI fashions used for varied
functions, together with textual content technology, coding, picture processing, video
evaluation, and audio synthesis. The corporate plans to lease computing capability to companies engaged in AI tasks.
These high-performance chips are set to supply each
long-term and short-term AI computing options at an reasonably priced price. Eric
Park expressed Voltage Park’s mission to reshape the AI panorama:
“It’s our perception that mainly the present ecosystem for machine studying
is damaged.”
Voltage Park plans to arrange clusters of the Nvidia
AI chips in strategic places resembling Texas, Virginia, and Washington. Some
of those chips are already operational, and Voltage Park anticipates absolutely deploying
24,000 Nvidia chips by February.
Not too long ago, the demand for superior AI silicon has
skyrocketed, particularly following the discharge of OpenAI’s ChatGPT. Many
companies have been scrambling to accumulate highly effective chips to gas their ambitions
in AI. Corporations like Intel, Superior Micro Gadgets, and
quite a few startups supply competing AI chips, all experiencing heavy demand.
Rising Curiosity in AI Chip Improvement
Not too long ago, OpenAI, the group
behind ChatGPT, introduced that it was exploring the AI chip improvement area. This transfer is in response to the urgent scarcity of AI
chips, a important useful resource powering OpenAI’s tasks.
In keeping with a report by Finance Magnates, Sam Altman, the CEO of OpenAI, acknowledged the importance of securing an ample provide of AI
chips. Notably, OpenAI has relied on a large supercomputer outfitted with
10,000 Nvidia’s GPUs since 2020, which is taken into account a strong however costly setup.
In the meantime, SoftBank disclosed plans to spend money on the AI area in September. This announcement adopted the profitable preliminary public providing
of its subsidiary, Arm, a outstanding British chip producer. Masayoshi Son, the
CEO of SoftBank, stated he was contemplating investing in OpenAI, Finance
Magnates reported, citing the Monetary Instances.
An AI cloud-computing group funded by
cryptocurrency billionaire Jed McCaleb has invested roughly $500 million
in Nvidia’s superior chips. In keeping with a report by Reuters, this funding goals
to remodel the panorama of synthetic intelligence (AI) computing by addressing the scarcity of AI chips.
Voltage Park’s CEO, Eric Park, instructed the media
publication that the group had secured 24,000 Nvidia H100 chips
designed to cater to the calls for of enormous AI fashions used for varied
functions, together with textual content technology, coding, picture processing, video
evaluation, and audio synthesis. The corporate plans to lease computing capability to companies engaged in AI tasks.
These high-performance chips are set to supply each
long-term and short-term AI computing options at an reasonably priced price. Eric
Park expressed Voltage Park’s mission to reshape the AI panorama:
“It’s our perception that mainly the present ecosystem for machine studying
is damaged.”
Voltage Park plans to arrange clusters of the Nvidia
AI chips in strategic places resembling Texas, Virginia, and Washington. Some
of those chips are already operational, and Voltage Park anticipates absolutely deploying
24,000 Nvidia chips by February.
Not too long ago, the demand for superior AI silicon has
skyrocketed, particularly following the discharge of OpenAI’s ChatGPT. Many
companies have been scrambling to accumulate highly effective chips to gas their ambitions
in AI. Corporations like Intel, Superior Micro Gadgets, and
quite a few startups supply competing AI chips, all experiencing heavy demand.
Rising Curiosity in AI Chip Improvement
Not too long ago, OpenAI, the group
behind ChatGPT, introduced that it was exploring the AI chip improvement area. This transfer is in response to the urgent scarcity of AI
chips, a important useful resource powering OpenAI’s tasks.
In keeping with a report by Finance Magnates, Sam Altman, the CEO of OpenAI, acknowledged the importance of securing an ample provide of AI
chips. Notably, OpenAI has relied on a large supercomputer outfitted with
10,000 Nvidia’s GPUs since 2020, which is taken into account a strong however costly setup.
In the meantime, SoftBank disclosed plans to spend money on the AI area in September. This announcement adopted the profitable preliminary public providing
of its subsidiary, Arm, a outstanding British chip producer. Masayoshi Son, the
CEO of SoftBank, stated he was contemplating investing in OpenAI, Finance
Magnates reported, citing the Monetary Instances.
