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Damoon, Affiliated with Tether, Invests €400 Million in Over 10,000 NVIDIA H100 GPUs to Boost AI Infrastructure in Europe

AI/MLDamoon, Affiliated with Tether, Invests €400 Million in Over 10,000 NVIDIA H100 GPUs to Boost AI Infrastructure in Europe

Damoon, a company affiliated with Tether and majority-owned by Northern Data Group, has acquired over 10,000 NVIDIA H100 Tensor Core GPUs, a high-performance chip, at a total cost of approximately €400 million.

Taiga Cloud, part of the Northern Data Group, has reported this significant purchase of NVIDIA H100 GPU Pods, which NVIDIA touts as the world’s most advanced chip. This acquisition strengthens Taiga’s position as Europe’s largest independent cloud service provider of NVIDIA hardware, with a total of over 19,000 NVIDIA H100, A100, and RTX A6000 GPUs.

The company plans to deploy the H100 GPUs in a coordinated schedule, with customer access expected to begin in late Q4 2023. Taiga aims to have more than 10,000 H100 GPUs fully deployed by mid-2024, supporting its Cloud Service Provider (CSP) offering.

Taiga Cloud is structuring its NVIDIA H100 GPU infrastructure into pods consisting of 512 GPUs each, connected in groups of four pods (2,048 GPUs) using NVIDIA BlueField DPUs (Data Processing Units) and the NVIDIA Quantum-2 InfiniBand platform.

This substantial investment is intended to enhance the training capabilities for Large Language Models (LLMs) and generative AI solutions.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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