Former Google, Nvidia Execs Launch Company to Ease GPU Crunch

Phoebe Liu reports that Anjney Midha, a former Andreessen Horowitz general partner, and former Google, Apple and Nvidia executives have launched National Compute, which plans to pool underused AI server capacity at cloud providers in the US and US-friendly countries so smaller companies and startups can rent it. Companies renting capacity they don’t fully use have committed 750MW to the pool, capacity that would typically cost tens of billions of dollars a year to rent, and Midha says it already has more than $5B in reservations from potential customers. Large customers and cloud providers could get a cut of the new revenue. Caveats: the corporate structure, equity split and business model aren’t settled; the founders will submit an academic paper on the strategy this week; AMP, another company Midha launched this year, is assembling a consortium to manage National Compute and could own a stake; Midha declined to name his co-founders.