Storj Labs Acquires Valdi and Its 16,000 GPUs to Enhance AI Cloud Computing

Jul 9, 2024, 06:21 PM

Storj Labs has acquired Valdi, a provider of high-performance cloud computing services for the artificial intelligence market. The acquisition aims to enhance Storj's enterprise services by incorporating Valdi's extensive network of over 16,000 GPUs worldwide. This move is expected to bolster Storj's capabilities in offering on-demand storage and compute for AI workloads, benefiting sectors such as technology, research, and life sciences. Terms of the deal were not disclosed.