Nvidia invests $700 million in a spinoff of Bitcoin mining, aiming to construct extensive AI infrastructure utilizing numerous Blackwell GPUs for hyperscale AI operations.
In a significant move, Microsoft, Nvidia, OpenAI, and Nscale have joined forces to build the UK's largest AI supercomputer at Nscale's Loughton campus. This partnership, dubbed Stargate UK, is set to position the UK as a global leader in AI development.
Satya Nadella, CEO of Microsoft, expressed his excitement, stating, "We are building the digital infrastructure for the AI era, deepening the connection between the US and UK and creating new opportunity in both nations."
Josh Payne, CEO of Nscale, echoed similar sentiments, asserting that the investment in the UK showcases the country's potential to lead in AI development, ensuring compute availability for start-ups, scale-ups, and enterprises.
Jensen Huang, CEO of Nvidia, emphasised the significance of the collaboration, stating that the UK is in a prime position to lead the AI era, unlocking the power of AI for the country and igniting the next industrial revolution.
The partnership could lead to increased investment in AI infrastructure and startups, further fueling the growth of the AI sector in the UK. This growth could potentially position the UK as a major player in the global AI market, rivaling other AI hubs such as the US and China.
OpenAI plans to deploy 8,000 Nvidia GPUs in early 2025, with potential to scale to 31,000. Nvidia's commitment to Nscale highlights the rapid growth of the startup, which only emerged from stealth last year and didn't exist when OpenAI launched ChatGPT in late 2022.
Nvidia has invested $700 million into the London-based AI infrastructure company, Nscale. The site will deliver 50MW of AI capacity, scalable to 90MW, and will initially house 23,040 GB300 GPUs in 2027.
The partnership between Nscale, OpenAI, and Nvidia further cements the UK's position as a global hub for AI development. Sam Altman, CEO of OpenAI, stated that the UK's advancements in AI make it an ideal location for Stargate UK, aiming to accelerate scientific breakthroughs, improve productivity, and drive economic growth.
The investment places Nscale at the center of the UK's bid to establish itself as a global AI hub. Stargate UK's focus on sovereign AI workloads may attract more businesses and researchers to the UK, potentially strengthening its position in the global AI market.
The rapid growth and investment in AI infrastructure in the UK could propel the country towards a bright future in the AI era. With the collaboration between tech giants and the UK government, the UK is poised to make significant strides in AI technology and secure its place as a global leader in this field.
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