Storj Acquires Leading AI Compute Provider, Valdi

" Storj today announces a new era in distributed cloud innovation with the acquisition of Valdi. Storj is the leader in distributed cloud object storage, disrupting the $100 billion cloud storage market, delivering up to 90% cost savings and 90% less carbon emissions for customers. Valdi is the leader in on-demand high performance cloud computing (GPUs) widely used for AI training and inference in data-intensive industries like technology, research and life-sciences. Valdi is addressing the massive shortage of GPUs driven by growth of the AI market by making them available instantly in mass scale at very competitive prices. Storj is seizing the opportunity to accelerate innovation at-scale with integrated cloud storage and GPU solutions, which is a big step toward developing a full stack distributed cloud solution"