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AI cloud provider Nscale to buy software startup Anyscale
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July 30 (Reuters) - Cloud infrastructure provider Nscale will buy AI software startup Anyscale to help clients better manage and run AI systems efficiently, the companies said on Thursday.
Here are some details:• San Francisco-based Anyscale provides software to organize and manage complex AI tasks so they can run smoothly across many computers simultaneously.
• Anyscale will continue to operate under its brand and serve its existing customers, the companies said.
• Founded in 2024, Nscale is known as a "neocloud," a vertically integrated AI cloud platform that owns and operates its own data centers, GPUs and software stack to deliver large-scale, GPU-powered AI compute.
• Anyscale generated 70% revenue growth sequentially in the company's most recent quarter, according to a blog post by its co-founders.