lightningai

🚀 A major event in the world of artificial intelligence… and the results speak for themselves!

In a bold move reflecting the acceleration of the AI race, Lightning AI announced its merger with Voltage Park to form an integrated cloud platform for artificial intelligence ⚡☁️

The goal?
To build a robust… fast… and future-ready infrastructure.

🔹 What does this merger mean?

🧠 A comprehensive AI platform under the name Lightning AI

💰 A valuation exceeding 2.5 billion dollars

📈 Recurring annual revenues surpassing 500 million dollars

🛠️ Developers of the open-source PyTorch Lightning tool at the heart of the project

🖥️ Managing over 35,000 Nvidia GPU units

🔹 And who stands behind the financial power?

🚀 Voltage Park was established with support of 900 million dollars

🤝 Funding from Navigation Fund

👤 Led by Jed McCaleb (one of the founders of Ripple and Mt. Gox)

📊 Significant ownership stake for Navigation Fund in the new entity

✨ In summary?
We are not just witnessing a merger of companies…
But the birth of a giant player that could redraw the map of cloud computing for artificial intelligence.

📌 Source: Odaily

💬 What do you think?
Are we looking at a new AWS for AI?
Share your thoughts, hit like, and don’t forget to share the post with those interested 👇
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