United States: Foundry unveils GPU-based Foundry Cloud Platform

Foundry has launched its GPU-based Foundry Cloud Platform for artificial intelligence (AI) workloads which it claims can reduce operational complexity and compute cost by up to six times.  The company seeks to overcome the GPU shortage by turning to existing GPUs that it claims are "vastly underutilized."

“The GPU compute market as it exists today is one of the most inefficient commodity markets in history, and it’s directly limiting critical AI innovations that will benefit society,” explains Jared Quincy Davis, founder and CEO of Foundry.

“The majority of AI research and development teams struggle to access affordable and reliable compute for their workloads, while exceptionally well-funded organizations are forced to purchase long-term GPU reservations that they rarely utilize to maximum capacity. Foundry Cloud Platform addresses this market failure by aggregating and redistributing idle compute capacity to enable faster breakthroughs while improving return on GPU investments.”