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VIP Wealth Hub
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Private Wealth Management
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Quant Fund
Top asset management team helps you profit without hassle
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Vultr to invest $1 billion in Ohio AI cluster using $AMD chips
The new cluster is a 50-megawatt, 24,000-chip facility that will deploy $AMD's Instinct MI355X
The company forecasts the new cluster to go online by early 2026. "We expect the cluster to be sold before it goes live. We also have MI355X GPUs racked in our Chicago region for customer testing and pilots," Kardwell told Reuters in an interview
In December 2024, Vultr secured a $3.5 billion valuation in a financing round led by LuminArx Capital Management and AMD Ventures, the investment arm of $AMD