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The AI cloud-computing organization, called Voltage Park, has 24,000 Nvidia H100 chips, Voltage Park CEO Eric Park told Reuters in an interview. The operation plans to offer long- and short-term, low-cost AI computing to help alleviate the shortage of AI chips. Voltage Park plans to set up clusters of the Nvidia AI chips in Texas, Virginia and Washington. After the release of OpenAI's ChatGPT last year, demand for Nvidia's advanced AI silicon soared as businesses scrambled for chips to power their AI ambitions. Intel , Advanced Micro Devices (AMD.O) and a host of startups sell competing AI chips that are also in heavy demand.
Persons: Jed McCaleb, Eric Park, OpenAI's ChatGPT, McCaleb, Max A, Anna Tong, Cynthia Osterman Organizations: NVIDIA, Handout, REUTERS Acquire, Nvidia, Reuters, Intel, Devices, Navigation Fund, Navigation, Thomson Locations: Santa Clara , CA, Texas , Virginia, Washington, Gox, San Mateo , California, San Francisco
Crypto markets have erased losses since FTX's fallout last year, but new potential headwinds are looming. Insider asked four crypto execs about the biggest roadblocks facing the industry in 2023. For now, crypto markets are continuing to claw back losses since FTX's liquidity crisis, with the industry regaining a $1 trillion market cap. "I'm cautiously optimistic about the crypto markets this year," Timothy Shan, COO at decentralized exchange Dexalot, said. Regulation, inflation, and more crypto contagionAfter the fallout of major players, the biggest question on everyone's mind seems to be how regulation will unfold this year.
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