Cloud storage platform Storj has acquired cloud computing company Valdi.
Crypto cloud storage platform Storj has acquired cloud computing provider Valdi to add graphics processing unit (GPU) computing to its enterprise customers. Valdi Network has more than 16,000 GPUs worldwide, providing on-demand processing for artificial intelligence (AI) training in industries such as technology, research and life sciences.
Storj said Valdi aims to address the GPU shortage caused by the growth of the artificial intelligence market by allowing customers to use available GPU compute cycles in data centers around the world.