NexGen Cloud to invest $1bn in NVIDIA GPU AI Supercloud

NexGen Cloud, a sustainable Infrastructure-as-a-Service provider, today announced funding for one of Europe’s first AI Supercloud deployments.

NexGen Cloud, an elite member of the NVIDIA Partner Network, confirms that it is to invest $1 billion to build its AI Supercloud in Europe, with $576 million secured in hardware orders with suppliers.

Once complete, the AI Supercloud will provide a dedicated compute-intensive platform for European businesses and governements, enabling them to execute sensitive AI applications and research under European jurisdiction and privacy laws.

“AI is going to determine the economic success of nations and define the prosperity of their citizens,” said Chris Starkey, CEO of NexGen Cloud.