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NexGen Cloud Announces Plans to Build $1 Billion AI Supercloud in Europe

NexGen Cloud, an Infrastructure-as-a-Service provider, is set to revolutionize the Artificial Intelligence (AI) landscape in Europe with its announcement to build a groundbreaking $1 billion AI Supercloud. This state-of-the-art infrastructure will not only bolster the growth of AI enterprises within the region, but also serve as an essential platform for executing sensitive AI applications and research while ensuring compliance with European jurisdiction and privacy laws. The deployment of this extraordinary AI Supercloud, consisting of over 20,000 NVIDIA H100 Tensor Core GPUs, is scheduled to commence in October 2023 and will be completed by June 2024. Notably, all AI Supercloud services will be delivered from European datacentres powered exclusively by 100% renewable energy, aligning with NexGen Cloud’s commitment to environmental sustainability. To finance this monumental project, NexGen Cloud has joined forces with Moore and Moore Investments Group (MMI) to establish a dedicated fund. Access to this cutting-edge AI infrastructure will be made available through NexGen Cloud’s Hyperstack platform, offering businesses an unprecedented opportunity to harness the power of AI in the European market.

NexGen Cloud Announces Plans to Build $1 Billion AI Supercloud in Europe

NexGen Cloud, a leading Infrastructure-as-a-Service provider, has made an exciting announcement: their plans to construct a groundbreaking AI Supercloud in Europe. This project, estimated at a value of $1 billion, is set to revolutionize the AI landscape in the region. The AI Supercloud aims to support the growth of AI enterprises in Europe, providing a powerful platform for executing sensitive AI applications and research within the European jurisdiction and privacy laws. This ambitious initiative marks a significant stride towards advancing the capabilities of AI and fostering innovation in the field.

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Deployment Timeline

The deployment of the AI Supercloud is scheduled to commence in October 2023. This groundbreaking project will gradually unfold over the following months, with completion expected by June 2024. NexGen Cloud aims to ensure a seamless and efficient deployment process to bring the AI Supercloud online in a timely manner. The scale of the project is remarkable, as it is expected to encompass a substantial cluster of infrastructure, comprising more than 20,000 NVIDIA H100 Tensor Core GPUs. This level of computational power promises to drive the AI industry forward and pave the way for unprecedented breakthroughs.

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Infrastructure

At the heart of the AI Supercloud lies a cutting-edge infrastructure that forms the backbone of its capabilities. NexGen Cloud has invested in state-of-the-art technology to provide a robust and reliable foundation for the project. Leveraging the power of the NVIDIA H100 Tensor Core GPUs, the AI Supercloud boasts an immense capacity to handle complex AI workloads with unparalleled efficiency. This powerful hardware will enable AI researchers and developers to accelerate their projects, pushing the boundaries of what is possible within the realm of artificial intelligence.

Partnerships

Recognizing the significance of collaboration in realizing the full potential of the AI Supercloud, NexGen Cloud has entered into a strategic partnership with Moore and Moore Investments Group (MMI). Through this partnership, a dedicated fund has been established, ensuring the necessary financial resources are available to bring the AI Supercloud to fruition. This cooperative effort is a testament to NexGen Cloud’s commitment to fostering innovation and growth within the AI community.

Power Source

In a firm commitment to environmental sustainability, NexGen Cloud has made the decision to exclusively power the AI Supercloud using 100% renewable energy sources. By relying on renewable energy, the company underscores its dedication to mitigating the environmental impact of large-scale computing projects. The AI Supercloud’s use of clean energy ensures that the immense computational capabilities it provides are aligned with eco-friendly practices, setting a new standard for sustainability in the AI industry.

Access and Delivery

NexGen Cloud recognizes the importance of easy and reliable access to the AI Supercloud for users across Europe. To facilitate this, the company will make the AI Supercloud available through its Hyperstack platform. Users will have the convenience of accessing the AI Supercloud’s capabilities through a user-friendly interface, streamlining their AI workflows and enabling them to harness the immense computing power of the cloud. With the Hyperstack platform, NexGen Cloud aims to empower AI researchers, developers, and enterprises by providing a seamless and efficient means of accessing the AI Supercloud’s resources.

In conclusion, NexGen Cloud’s plans to build a $1 billion AI Supercloud in Europe marks a significant milestone in the advancement of artificial intelligence. This ambitious initiative will support the growth of AI enterprises within the European jurisdiction and privacy laws, providing them with a platform to execute complex AI applications and research. The deployment timeline, the infrastructure powered by NVIDIA H100 Tensor Core GPUs, and the commitment to renewable energy sources all contribute to the groundbreaking nature of this project. Through strategic partnerships and accessible delivery methods, NexGen Cloud is ensuring that the AI Supercloud will be a catalyst for innovation and progress in the AI industry, ushering in a new era of advanced computation.

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