Navigation Fund Combats AI Chip Shortage with Voltage Park Cloud

Navigation Fund Addresses AI Chip Shortage via Voltage Park Cloud

Jed McCaleb's Navigation Fund launches a cloud with leasable large-scale AI chip capacity, addressing the chip shortage. The cloud offers flexible access and is equipped with 24,000 NVIDIA H100 GPUs, valued at $500 million.

Voltage Park, a subsidiary of Navigation Fund, focuses on peak performance for large-scale users and plans to expand by early 2024, with clusters located in Texas, Virginia, and Washington.