Compute Exchange: Auction-Based Platform Disrupts AI Compute Access

Compute Exchange: Auction-Based Platform Disrupts AI Compute Access

Compute Exchange aims to disrupt AI compute access with auction-based platform  Image : Google The company connects providers with excess compute capacity with those who need it, and will host its second auction beginning Mar. 3. Companies looking for additional compute capacity for their AI initiatives at a price they can afford now have another option. Compute Exchange offers what it calls the world’s first auction-based exchange for AI compute resources. Via the exchange, companies with excess compute capacity can connect directly with companies who need that capacity The would-be buyers then bid on configurations that suit their unique usage needs. The company held its first public auction Tuesday, and will host a second next Monday, Mar. 3. “We think this is really going to help bring transparency, efficiency, and neutrality to the computing markets,” Simeon Bochev, Compute Exchange co-founder and CEO, told Network World. GPU compute situation ‘pretty dire’, says analyst That help is ur…