Jack Altman’s Firm Backs Startup for Trading AI Computing Power
A company called San Francisco Compute Co. is working on a platform to distribute resources for AI companies.
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A central challenge of the current artificial intelligence boom is finding enough computing power. Getting access to the semiconductors that handle the massive computational loads demanded by AI can make or break a young startup. And often, only the biggest, richest and best-connected companies are able to secure the processing they need.
To help get small players a piece of those resources, a new startup called San Francisco Compute Co. wants to make it easier to buy a chunk of access at a time. The company’s idea is to create a kind of trading platform for coveted compute power.