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Nvidia Strikes $500M Investment Deal for AI Chips with Voltage Park: Report

An AI cloud-computing organization funded by cryptocurrency billionaire Jed McCaleb has invested approximately $500 million in Nvidia's advanced chips. According to a report by Reuters, this investment aims to transform the landscape of artificial intelligence (AI) computing by addressing the shortage of AI chips.Voltage Park's CEO, Eric Park, told the media publication that the organization had secured 24,000 Nvidia H100 chips designed to cater to the demands of large AI models used for various... Read More

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Posted: Oct 30 2023, 17:52

Author Name: financemagnates

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