ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Crusoe Builds Climate-Focused Cloud for Generative AI with HPE Supercomputers

Builder and operator of low-carbon computing infrastructure partners with HPE to offer powerful AI solutions for training and tuning in new cloud platform

Hewlett Packard Enterprise (NYSE: HPE) today announced that its market-leading HPE Cray supercomputers were selected by Crusoe to power new cloud services, which are designed to drive sustainable computing for generative AI and other compute-intensive workloads.

Crusoe builds and operates modular data centers to provide ultra-high performance, specialized compute capacity to meet growing AI needs in a climate-aligned way. Crusoe utilizes wasted, stranded or clean energy such as otherwise flared natural gas or stranded renewable energy, to power its data centers. To date, Crusoe’s utilization of otherwise wasted flared gas has reduced flaring by billions of cubic feet and in 2022 prevented methane emissions equivalent to removing approximately 170,000 gasoline-powered cars from the road1.

Through the new collaboration with HPE, Crusoe will leverage HPE Cray XD supercomputers, which are purpose-built to deliver the energy-efficient performance and scale required to effectively train and tune large-scale AI models. HPE also designed these solutions with NVIDIA H100 Tensor Core GPUs and NVIDIA Quantum-2 InfiniBand to provide advanced, accelerated compute and networking to support various AI and data-intensive workloads.

“Our proven supercomputing solutions provide the specialized performance and scale required to effectively train larger AI models and unlock significant value across industries,” said Justin Hotard, executive vice president and general manager, HPC, AI & Labs at HPE. “However, the AI opportunity comes with significant computing requirements, that if not managed correctly, can rapidly increase carbon footprint. We are committed to continue delivering world-leading energy-efficient supercomputers and proud to join Crusoe, one of the leading organizations in powering data centers with renewable energy, to offer customers advanced AI solutions in a sustainable computing platform.”

Crusoe’s goal is to turn energy production waste into computing resources that enterprises, academic institutions, research facilities, and entrepreneurs can use to develop products and solutions that change lives. Through this partnership, Crusoe can leverage HPE’s expertise in supercomputing, IT infrastructure and sustainable IT to accelerate its core initiatives.

“Our mission is to align the future of computing with the future of the climate and as a leader in supercomputing and sustainable IT, HPE is an ideal collaborator to support Crusoe on this journey. By taking an energy-first approach to our computing infrastructure, we aim to help the world unlock transformative innovative potential with artificial intelligence and high performance computing without having to bear environmental consequences from the large energy demand associated with these workloads,” said Chase Lochmiller, CEO and Co-Founder of Crusoe.

1 Crusoe 2022 ESG Report

Additional Resources:

Sources:

[1] Crusoe 2022 ESG Report

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open, and intelligent technology solutions as a service. With offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com

About Crusoe

Crusoe is on a mission to align the future of computing with the future of the climate. As builders and operators of clean computing infrastructure, Crusoe reduces both the costs and the environmental impact of the world’s expanding digital economy. By unlocking stranded sources of energy to power artificial intelligence, crypto, and other high performance computing applications, Crusoe is creating the future of compute-intensive innovation that reduces emissions rather than adds to them. To learn more, visit www.crusoeenergy.com and follow Crusoe on LinkedIn and Twitter.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.