Storj Acquires Valdi to Expand Cloud Platform Capabilities with Valdi’s Compute Platform

Storj is acquiring Vald, ushering in a “new era” in distributed cloud innovation to seize the opportunity to accelerate innovation at-scale with integrated cloud storage and GPU solutions.

According to the vendors, just as Storj disrupted the storage industry by enabling customers to use underutilized storage capacity in data centers in 100-plus countries worldwide, Valdi is disrupting the GPU industry, enabling customers to use available GPU compute cycles in data centers worldwide. The combination is ideal because most AI workloads require significant GPU compute, storage, and movement of large datasets.

“Today’s enterprises demand new high-performance cloud solutions to innovate affordably and sustainably. Valdi's global network of data centers with high performance cloud compute is a natural extension of Storj’s distributed cloud and particularly exciting as our joint storage and GPU offering is optimized for Generative AI workloads,” said Storj chief revenue officer Colby Winegar.  

In the rapidly evolving field of generative AI, the capacity to scale efficiently throughout different stages of model development and deployment is critical. Valdi’s global compute infrastructure enables developers and enterprises to build and commercialize their own generative AI applications easily, scalably, and economically, according to the company.

Valdi’s high-performance GPUs and Storj’s S3 compatible distributed cloud object storage are infinitely and rapidly scalable, and available almost anywhere in the world. With elastic capacity, Storj eliminates supply chain, manufacturing and resource-intensive maintenance challenges, while delivering speed, scalability, security, reliability and sustainability by design. Valdi also operates via a distributed architecture, allowing organizations to innovate fast and affordably in AI/ML.

“Validi’s global cloud compute platform enables it to surpass traditional approaches to GPU provisioning, especially when facing unprecedented demand. Our customers also have substantial storage needs for their AI workloads, so uniting our organizations delivers benefits to customers while empowering us to grow faster,” said Nikhil Jain, Valdi CEO.  

Valdi and Storj also share a passion for digital sustainability and responsible innovation. They co-founded the non-profit Digital Sustainability Alliance (DSA) together with Ad Signal, to advocate for technology that advances environmental stewardship, according to the companies.

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