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What Is a Neocloud? The GPU Clouds Powering the AI Boom

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What Is a Neocloud? The GPU Clouds Powering the AI Boom

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.

Key Takeaways

  1. Neoclouds like CoreWeave and Nebius rent Nvidia GPUs to AI labs, and several started out mining crypto.
  2. Here's how the AI cloud model works.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.