Voltage Park, an AI-focused non-profit organization backed by cryptocurrency billionaire Jed McCaleb, has announced the launch of a cloud computing cluster comprising 24,000 GPUs. The initiative aims to serve the rapidly-growing machine learning (ML) compute market, which has been grappling with challenges ranging from rigid long-term contracts to exorbitant GPU rental rates. Voltage Park’s entry into the ML compute scramble includes offering bare-metal access for large-scale users, short-term leases, and hourly billing. With around 24,000 NVIDIA H100 GPUs (costing around $500 million), Voltage Park emerges as a formidable player in the ML arena. Voltage Park is already offering services to other startups and is working on providing infrastructure for well-known names in the AI space. This initiative towards democratizing AI technology brings state-of-the-art computing power to a broader audience, promising to level the playing field and potentially sparking a new wave of innovation in machine learning. This is good news for the AI industry, as it brings competition and a more accessible way to use the technology. #AIdemocracy #VoltagePark #JedMcCaleb #AIInnovation #CloudComputing

You can read more about this topic here: Decrypt: Stellar Co-Founder’s Nonprofit Fires Up 24,000 GPUs for AI Development

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