Get the latest tech news
Feeding the hunger for Nvidia GPU access is big business
Feeding the widespread hunger for Nvidia GPU access is big business — minting new unicorns and even inspiring a new Craiglist for clusters.
For one thing, it has minted new unicorns: Today Lambda, a GPU cloud company powered by Nvidia GPUs announced it has raised a fresh $320 million at a $1.5 billion valuation. In addition, Forbes reported yesterday that Friedman and his investing partner Daniel Gross had built their own supercomputer — now running the Andromeda Cluster, which is “several computing stockpiles totaling more than 4,000 GPUs, which they make available for use by companies in their portfolio for a fee below market price.” The latest funding for companies offering access to Nvidia GPUs comes in the wake of last week’s Wall Street Journal report that OpenAI CEO Sam Altman wants to deal with the demand by reshaping the world of AI chips — with a project that could cost trillions and has a complex geopolitical backdrop.
Or read this on Venture Beat
