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Earlier quoted context omitted.
EDIT: They seem to be in a raising fund / debt stage. Great initiative
Their announcement says "We can probably get a good deal from a bank [...]", so maybe they don't just have 20M USD sitting around.
How does this compare to https://lambdalabs.com/ ?
Ah, we're running a medium amount of compute at zero-margin. The point is not to go sell the Fortune 500, but to make sure a grad student can spend a $50k grant. Right now, it's pretty easy to get a few A/H100s (Lambda is great for this), but very hard to get more than 24 at a reasonable price ($~2 an hour). One often needs to put up a 6+ month commitment, even when they may only want to run their H100s for an 8 hour…
During a gold rush, sell shovels. When was the last time you spoke to a chatbot?
Correct me if I’m wrong but doesn’t Lambda Labs already provide them at 1.89$? What’s the point if you’re starting out not the cheapest
I love the idea of community assets. could it be the start of a GPU co-op?
Basically twitter devolves into the Colos of the late 90s :-)
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For those who didnt notice, it was tongue in cheek.
"Once the cluster is online ..." Where will the cluster be hosted ? May I suggest that you get your IP transit from he.net ?
Not to mention, San Francisco is not known for having cheap real estate, nor is it known for having cheap electricity. My last (residential) bill to PGE, I paid $0.50938/KWh at peak.