tech
Nscale buys Anyscale as it seeks to own more of the AI compute stack
British AI neocloud Nscale is buying software startup Anyscale, which helps companies scale their AI workloads across data centers and servers.
TL;DR
- Nscale is purchasing Anyscale for $1.65 billion to expand its AI compute offerings.
- Anyscale specializes in scaling AI workloads, including training and serving large language models.
- The company was founded by the team behind the open-source Project Ray framework.
- Nscale aims to vertically integrate its services, combining infrastructure with workload management.
- Anyscale will continue to operate under its own brand with its approximately 200 employees joining Nscale.
- Anyscale reported a 70% revenue increase in its most recent quarter.