Everyone seems to be trying to money in on the GPU and AI craze, even a hashish firm.
Final month, the Colorado primarily based American Hashish Firm agreed to amass HyperScale Nexus Holding Corp., and has created a enterprise round Nvidia’s H100 GPUs, which might be presently in large demand for AI computing.
American Hashish is a consulting agency that helps firms mainstream hashish operations, reminiscent of cultivation and navigating the regulated market. The publicly listed firm closed Oct. 24 at $0.024 in over-the-counter markets.
HyperScale Nexus, primarily based in Nevada and fashioned in July 2023, describes itself as a holding firm within the AI and HPC markets.
The corporate has a enterprise mannequin impressed by Rackspace to ship “unparalleled cloud providers, managed internet hosting, {and professional} providers, all powered by the cutting-edge potential of Nvidia H100 GPU chipsets,” in accordance with a submitting with the SEC.
The motivation for a hashish firm to amass a GPU-related firm was not instantly clear, as there may be little or no documentation to attach the dots. Executives from each firms didn’t return solutions to questions despatched by electronic mail.
The SEC submitting dated Sept. 21 factors out securities lawyer Ted Mailander as a typical hyperlink between American Hashish and HyperScale Nexus. He’s on the board of administrators for each firms.
In a cellphone name, Mailander referred HPCwire to SEC filings for extra particulars concerning the acquisition. The SEC filings detailed a number of HyperScale Nexus offers to deploy H100 GPUs.
One such deal is with xFusion Digital Applied sciences, Co. Ltd., which is predicated in Singapore and sells merchandise that embrace GPU servers.
HyperScale is leasing 30,000 Nvidia H100 chipsets for eighteen months from xFusion and its distributor, a deal that ends in February 2025. HyperScale Nexus gives 128 Nvidia H100 GPUs to Silicon Tech Park, which builds information facilities in Thailand.
American Hashish mentioned it is going to let HyperScale Nexus function independently. The deal could shut subsequent month, however many questions stay concerning the intent of the deal. HPCwire will replace this story as we obtain solutions from firm executives.
The Hashish trade has not been straight linked to GPUs, although datacenter design blueprints are used to ascertain hashish progress farms.
Datacenter firm Equinix has established a greenhouse farm in Paris to develop fruit and greens using warmth recovered from its information middle. Greenhouse farms are being extensively used to develop hashish.
Nvidia’s GPUs are rising because the centerpiece of enterprise plans. GPU computing firm CoreWeave — which pivoted to AI computing from cryptocurrency mining — took on $2.3 billion in debt with Nvidia GPUs as collateral.
