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Voltage Park to Invest US $500 Million in Nvidia on AI Chips

An artificial intelligence cloud computing agency funded by cryptocurrency billionaire Jed McCaleb has invested about $500 million in Nvidia's advanced chips.。According to Reuters, the investment aims to change the landscape of artificial intelligence (AI) computing by solving the shortage of AI chips.。

An artificial intelligence cloud computing agency funded by cryptocurrency billionaire Jed McCaleb has invested about $500 million in Nvidia's advanced chips.。According to Reuters, the investment aims to change the landscape of artificial intelligence (AI) computing by solving the shortage of AI chips.。

Voltage Park CEO Eric Park said the company has received 2.40,000 Nvidia H100 chips designed to meet the needs of large artificial intelligence models for various applications, including text generation, encoding, image processing, video analysis and audio synthesis。The company plans to lease computing power to businesses working on AI projects。

Innovating Artificial Intelligence Computing?

These high-performance chips will provide long-term and short-term AI computing solutions at a reasonable cost。Park expressed the company's mission to reshape the AI landscape: "We believe that the current machine learning ecosystem is essentially broken.。"

Voltage Park plans to build Nvidia AI chip clusters in strategic locations such as Texas, Virginia and Washington。Some of these chips are already in use, and the company expects to deploy 2 by February..40,000 Nvidia chips。

Recently, demand for advanced AI chips has risen sharply, especially after OpenAI's ChatGPT release.。Many businesses are rushing to buy powerful chips to boost their ambitions in the field。Companies such as Intel, Advanced Micro Devices and numerous start-ups offer competitive AI chips that are in high demand today.。

AI chip development is heating up

Recently, OpenAI announced that it is exploring the field of artificial intelligence chip development to cope with the urgent shortage of these key components that power its projects.。

OpenAI CEO Sam Altman has reportedly recognized the importance of ensuring a reliable supply of AI chips.。It is worth noting that since 2020, OpenAI has relied on a large supercomputer equipped with 10,000 NVIDIA GPUs, which is powerful but expensive。

Separately, SoftBank disclosed its plans to invest in artificial intelligence in September after a successful initial public offering by its subsidiary, Arm, a leading British chipmaker。There are reports that SoftBank CEO Masayoshi Son is considering investing in OpenAI。

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