Nvidia, Dell Back AI Cloud Startup Volta at $2.4 Billion Value
Deals·1 article across 1 outlet
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Volta Infra Holdings Ltd., a new artificial intelligence cloud company, has raised $300 million in venture funding and secured an additional $5 billion worth of financing to help a wider mix of technology companies gain access to costly AI chips.
The funding, set to be announced Tuesday, values Volta at $2.4 billion.
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“Volta Infra Holdings Ltd., a new artificial intelligence cloud company, has raised $300 million in venture funding and secured an additional $5 billion worth of financing to help a wider mix of technology companies gain access to costly AI chips.”
Bloomberg — Nvidia, Dell Back AI Cloud Startup Volta at $2.4 Billion Value