NexGen Cloud’s Billion-dollar Bet on Europe’s First AI Supercloud: Redefining Sustainable Technological Growth

NexGen Cloud, a leading sustainable Infrastructure-as-a-Service provider, is set to revolutionize the AI landscape in Europe with their announcement of plans to deploy one of the region’s first AI Superclouds. This groundbreaking development aims to support the growth and development of AI enterprises, offering a dedicated compute-intensive platform within the European jurisdiction and privacy laws. With a commitment to providing sustainable solutions, NexGen Cloud’s AI Supercloud services will be delivered from data centers powered exclusively by renewable energy sources.

The purpose of the AI Supercloud is to fulfill multiple purposes, catering to the diverse requirements of European technology companies, organizations, and governments. By providing a dedicated platform for executing sensitive AI applications and research within the European jurisdiction, NexGen Cloud aims to safeguard data privacy and ensure compliance with relevant laws. Additionally, the Supercloud will address the increasing demand for accelerated computing, driven by the industry’s growing interest in leveraging generative AI and other artificial intelligence applications to drive innovation and improve efficiency.

Timeline and Deployment

NexGen Cloud plans to commence the deployment of the AI Supercloud in October 2023, marking a significant milestone in European AI infrastructure. This deployment will grant enterprises access to one of the world’s most powerful GPU-accelerated platforms and aims to foster a thriving AI ecosystem across diverse industries. By June 2024, the European AI Supercloud will encompass over 20,000 NVIDIA H100 Tensor Core GPUs, providing unparalleled compute capabilities to meet the evolving needs of AI enterprises.

Sustainable Approach

NexGen Cloud’s commitment to sustainability is evident in its approach to delivering AI Supercloud services. By exclusively utilizing data centers powered by 100% renewable energy, the company ensures that its operations align with the principles of environmental stewardship. This sustainable approach reinforces NexGen Cloud’s dedication to supporting industries such as healthcare, finance, and media and entertainment, enabling them to leverage AI for transformative outcomes while minimizing their carbon footprint.

Economic Significance of AI

Chris Starkey, CEO of NexGen Cloud, stresses the crucial role that AI plays in determining the economic success of nations and shaping the prosperity of their citizens. AI-driven advancements have the potential to revolutionize industries, enhance productivity, and drive competitive advantage. By pioneering the AI Supercloud in Europe, NexGen Cloud aims to position European enterprises at the forefront of global AI innovation, empowering them to outperform their competition.

Collaboration with NVIDIA

A key factor in the successful implementation of the AI Supercloud is the collaboration between NexGen Cloud and NVIDIA. This partnership leverages NVIDIA’s expertise in GPU technology, enabling European enterprises to access high-end compute power. Jaap Zuiderveld, Vice President of Sales and Marketing for EMEA at NVIDIA, highlights the significance of the collaboration: “The NexGen Cloud AI Supercloud will provide businesses across Europe with access to this high-end compute power, unlocking the true potential of AI and high-performance computing innovations to help them stay competitive in an evolving global economy.”

Financing and Partnership

To facilitate the realization of the AI Supercloud, NexGen Cloud has partnered with Moore and Moore Investments Group (MMI). Together, they have created a dedicated fund that has attracted investments from private investors. This strategic collaboration ensures that the necessary financial resources are available to bring the AI Supercloud to life, providing European enterprises with a transformative platform to drive AI innovation and competitiveness.

Democratizing Access and Driving AI Use

The Hyperstack AI Supercloud represents more than just a powerful computing infrastructure. It is also a catalyst for democratizing access to cutting-edge AI capabilities, enabling businesses across Europe, regardless of size or industry, to leverage the power of AI. This democratization holds the potential to ignite a wave of AI adoption, unlocking new opportunities and spurring innovation on a grand scale. The AI Supercloud is poised to revolutionize how organizations leverage AI, meeting computing demand while dismantling barriers to entry and driving inclusive growth.

NexGen Cloud’s vision for Europe’s first AI Supercloud highlights their unwavering commitment to driving innovation and competitiveness. By combining sustainable practices with powerful compute capabilities and strategic collaborations, NexGen Cloud aims to empower European enterprises across various sectors to unlock the true potential of AI. The AI Supercloud holds the promise of propelling Europe into a leadership position in AI advancement, ushering in a future where AI drives economic prosperity and societal progress.

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