Brookfield Asset Management has acquired cloud-computing startup Ori Industries, merging it into a new entity, Radiant, as part of a push to provide on-demand access to AI chips for governments and tech companies, according to a report by Bloomberg.
Financial terms of the deal have not been disclosed.
The move targets the growing demand for “GPU-as-a-service” solutions, allowing clients to reduce costs and avoid long waits for chips. Radiant will focus on building sovereign cloud environments, w...
Continue Reading
Sign up for FREE to read the full article and access 128K+ alternative investment headlines.
Alternative Investment News