According to Odaily, Storj, a cryptocurrency-supported cloud storage platform, has announced the acquisition of Valdi, a high-performance cloud computing provider. The move is aimed at enhancing the graphical processing unit (GPU) computing capabilities for its enterprise clients. The specific acquisition amount remains undisclosed.
The acquisition is intended to address the shortage of computing power brought about by the growth of the artificial intelligence market. This will be achieved by allowing customers to utilize available GPU computing resources in data centers around the world. The acquisition of Valdi by Storj signifies a strategic move to meet the increasing demand for computing power in the rapidly evolving AI market.