Nscale, in collaboration with leading US technology companies Microsoft, NVIDIA, and OpenAI, has announced a significant commitment to developing AI infrastructure in the UK. As part of this initiative, Nscale will construct the nation's largest AI supercomputer and establish Stargate UK, a platform designed to deploy OpenAI's technology with a focus on sovereign workloads. This ambitious plan involves deploying up to 58,640 NVIDIA GPUs across various UK sites and is a part of a broader strategy to distribute 300,000 NVIDIA GPUs globally. The commitments underline a partnership aimed at bolstering the UK’s position as a leader in AI technology and infrastructure.
- NVIDIA (NasdaqGS:NVDA) last closed at $174.88 down 1.6%.
In other market news, Semiconductor Manufacturing International (SEHK:981) was a notable mover up 7.1% and ending trading at HK$67.70, near its 52-week high. In the meantime, Kioxia Holdings (TSE:285A) softened, down 5.6% to finish the session at ¥4,440.
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- ASML Holding (ENXTAM:ASML) ended the day at €732.90 up 0.5%.
- Advanced Micro Devices (NasdaqGS:AMD) ended the day at $160.46 down 0.4%.
- Broadcom (NasdaqGS:AVGO) finished trading at $360.00 down 1.1%, near its 52-week high.
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