Massed Compute Secures $300M from Digital Alpha for AI Cloud Growth




📅 - Massed Compute, a provider of GPU-as-a-Service for AI and high-performance computing workloads, has secured a strategic investment from Digital Alpha, a digital infrastructure investment firm focused on scaling next-generation technology platforms. The deal provides Massed Compute with up to $300 million in equity and revenue share financing.

It would enable Massed Compute to rapidly expand its AI cloud infrastructure, deploy more NVIDIA-accelerated computing resources, and strengthen go-to-market alignment with Cisco.

The investment targets the rising global demand for high-performance GPU capacity to power advanced AI models, generative AI workloads, and complex machine learning tasks. [...][... Check source for end of article ...]
Tags: AI

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