Voltage Park aims to address compute shortage for AI innovators

"Not enough people understand how much the compute shortage is affecting AI innovators," CEO Eric Park said in a canned statement."ML teams and AI founders have to wait months or pay exorbitant sums to access the latest hardware to their models. We hope to redress this imbalance and accelerate cutting-edge work in AI."

Voltage Park claims it's already leasing GPU resources to startups like Imbue, and finalizing clusters for Character.ai, and Atomic AI. The company plans to expand its offering to long and short term leases as well as provide hourly rates for individual GPUs early next year. These resources will be deployed at sites in Texas, Virginia and Washington, the org told Reuters.in the past, training large language models can be an incredibly expensive prospect.

While Voltage Park's pricing remains vague, the company says it will offer between one and eight GPUs for on-demand customers, while those that need more will need more — between eight and 248 GPUs — to sign a short-term lease. Those willing to commit to a year-long lease will be able to access up to as many 4,088 H100s. At $1.89 an hour per GPU, the latter would run you nearly $68 million a year, which is actually quite a bargain.

Voltage is far from the only company taking advantage of demand for AI hardware. AI infrastructure vendor CoreWeave has alsoBuilding cyber resilience with data vaults$6.

Voltage Park Compute Shortage AI Innovators GPU Resources AI Startups Cutting-Edge Work Long Term Leases Short Term Leases Hourly Rates Texas Virginia Washington GPT-3 Language Models Amazon Web Services

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