NexGen Cloud, a prominent UK-based company specializing in cutting-edge AI infrastructure, has recently closed an impressive $45 million funding round. This substantial investment was primarily provided by high-net-worth individuals and family trusts who recognize the immense potential of NexGen Cloud’s innovative approach to AI technology.
The infusion of funds comes at a crucial time for the company as it embarks on an ambitious journey to expand its hyperscale infrastructure globally. With a particular emphasis on fostering sovereign AI capabilities in Europe, NexGen Cloud is poised to revolutionize the landscape of artificial intelligence applications across various industries.
At the core of NexGen Cloud’s offerings is its state-of-the-art platform that efficiently manages thousands of GPUs, providing unparalleled compute capacity to esteemed organizations like Red Hat, Ingenix.AI, Tyne, and ArchiLabs. Through its advanced technology solutions, NexGen Cloud has emerged as a trailblazer in GPU cloud computing, heralding a new era of enterprise-grade AI compute services.
Lucy Adams
One key aspect that sets NexGen Cloud apart is its versatile array of services. The company not only caters to large enterprises seeking robust AI compute capacity but also offers an innovative AI-as-a-Service Cloud solution. This cloud-based offering enables clients to access on-demand computing resources, empowering them to harness the power of artificial intelligence seamlessly.
Moreover, NexGen Cloud has forged strategic partnerships with leading industry players to drive innovation and foster technological advancements across diverse sectors. By collaborating with companies like Shadeform and ArchiLabs, NexGen Cloud has solidified its position as a trusted ally in enabling groundbreaking initiatives ranging from software development to clinical trials and architectural design powered by AI.
Ed Goode
“I have tried a number of different GPU-accelerated cloud providers and Hyperstack has by far the best support and pricing on the market.”
The recent influx of capital from the Series A funding round will significantly bolster NexGen Cloud’s efforts to scale its infrastructure in response to escalating platform utilization rates and surging demand for advanced AI capabilities throughout Europe. Additionally, the company plans to enhance its Full Stack Cloud capabilities to deliver cutting-edge solutions tailored for enterprises venturing into production-ready AI applications.
Speaking about the bright future ahead, Chris Starkey—CEO and co-founder of NexGen Cloud—expressed genuine excitement about propelling their vision forward alongside esteemed investors who share their commitment towards establishing a robust and sovereign AI infrastructure in Europe. This significant milestone marked by the Series A funding underscores NexGen Cloud’s unwavering dedication towards becoming a pivotal force driving transformative AI-powered solutions across the continent.
Brian Bakerman
“NexGen has been an incredibly reliable partner as we’ve scaled our cloud marketplace.”
As NexGen Cloud continues its upward trajectory fueled by innovation and strategic investments, it stands poised to redefine standards within the realm of artificial intelligence infrastructure while spearheading groundbreaking advancements that promise to shape industries worldwide.
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