What Is a Neocloud? The GPU Clouds Powering the AI Boom
Summary
Neoclouds are specialized cloud providers that rent out powerful Nvidia hardware to artificial intelligence laboratories. Several of these businesses initially launched as cryptocurrency mining operations before pivoting to support the growing AI sector.
Neoclouds like CoreWeave and Nebius rent Nvidia GPUs to AI labs, and several started out mining crypto. Here's how the AI cloud model works.
Source: Read the full story at Decrypt
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