It seems every day there’s a new announcement regarding an economic event with artificial intelligence. Recently, Nvidia Corp. made an investment in OpenAI and then OpenAI turned around and took a stake in Advanced Micro Devices Inc. Then there was the $6.3 billion deal between CoreWeave Inc. and Nvidia. Why so much activity?
QumulusAI, a Georgia-based provider of graphics processing unit-powered cloud infrastructure for artificial intelligence, is making moves to claim a leadership position in the emerging neocloud market today by naming Michael Maniscalco new chief executive officer. Maniscalco (pictured), former chief technology officer of Applied Digital Corp., will bring his technical skills to an already deep team to bring enterprise-grade AI infrastructure to market.