NexGen Cloud, a sustainable Infrastructure-as-a-Service supplier, introduced plans and funding for one in every of Europe’s first AI Supercloud deployments to help the event and development of AI enterprises.
UK-based NexGen Cloud, an Elite member of the NVIDIA Associate Community, plans to take a position $1 billion to construct its AI Supercloud in Europe, with $576 million already dedicated in {hardware} orders with suppliers. The AI Supercloud will present a devoted compute-intensive platform for Europe’s expertise corporations, organisations and governments, enabling them to execute delicate AI purposes and analysis throughout the European jurisdiction and privateness legal guidelines.
The AI Supercloud, set to start deployment in October 2023, may also assist meet growing demand for accelerated computing spurred by the expertise business’s rising curiosity in utilizing generative AI and different synthetic intelligence purposes to drive innovation and enhance effectivity. It’ll additionally guarantee regional and cost-effective entry to GPU cloud companies for European enterprises and scale-ups.
NexGen Cloud’s AI Supercloud companies shall be delivered from European datacentres powered solely by 100% renewable vitality, supporting industries together with healthcare, finance, and media and leisure.
The European AI Supercloud will finally include greater than 20,000 NVIDIA H100 Tensor Core GPUs by June 2024, offering enterprises with entry to one of many world’s strongest GPU-accelerated platforms.
“AI goes to find out the financial success of countries and outline the prosperity of their residents,” states Chris Starkey, CEO of NexGen Cloud. “The AI Supercloud will empower companies to realize aggressive benefits within the subsequent evolution of expertise, all throughout the European jurisdiction and the information sovereignty and safety that brings. By way of our collaboration with NVIDIA, we’re going to ship an AI Supercloud that can be certain that European enterprises will be globally aggressive and forward of competitors.”
“NVIDIA compute energy is the engine behind companies wanting to make use of the ability of generative AI,” mentioned Jaap Zuiderveld, vice chairman of gross sales and advertising and marketing for EMEA at NVIDIA. “The NexGen Cloud AI Supercloud will present companies throughout Europe with entry to this high-end compute energy, unlocking the true potential of AI and high-performance computing improvements to assist them keep aggressive in an evolving world economic system.”
To assist with the financing for its AI Supercloud, NexGen Cloud has partnered with Moore and Moore Investments Group (MMI) and created a devoted fund, which has attracted funding from their non-public traders.
Entry to the AI Supercloud over the subsequent 12 months shall be offered by means of NexGen Cloud’s not too long ago introduced Hyperstack platform, an NVIDIA GPU-accelerated cloud platform that permits direct-to-compute, GPU-accelerated cloud entry for the European market. The corporate is already taking pre-orders for its first deployment in October.
“The breakthroughs in AI expertise and enormous language fashions prior to now yr characterize a serious second for enterprises however has to this point remained inaccessible to personal traders,” mentioned John Moore, director of MMI. “The Hyperstack AI Supercloud represents a strong option to drive AI use, assembly compute demand, while additionally democratising entry to among the strongest GPU methods in the marketplace. We imagine firmly within the potential of this deployment and are excited to open up the chance on this enterprise to our traders.”
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