Nscale buys AI infrastructure optimization startup Anyscale for reported $1.65B

Image for article Nscale buys AI infrastructure optimization startup Anyscale for reported $1.65B
News Source : SiliconANGLE News

News Summary

  • London-based Nscale is building a network of AI data centers that will span a half-dozen countries.
  • In March, the company raised $2 billion from a consortium that included Nvidia Corp.
  • Anyscale commercializes an open-source project called Ray that was created by its founding team.
  • If one of the servers in a cluster fails during an AI training run, Ray can automatically replace it with a new machine..
  • Nscale expects to close the acquisition by year’s end.
Data center builder Nscale Global Holdings Ltd. today announced plans to acquire Anyscale Inc., a venturebacked provider of artificial intelligence software.

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