GenAI Subsidiary Approved to Join NVIDIA’S Inception Program and Makes Purchase of Hyperplane AI Compute Hardware

Generative AI Solutions is pleased to announce that Pulse AI Compute Solutions a wholly owned subsidiary of GenAI, has been approved to join the NVIDIA Inception Program (“NVIDIA Inception”) and has issued a Purchase Order (“PO”) for the purchase of approximately US$1.8 million of hardware capable of delivering over 350,000 hours of artificial intelligence (“AI”) compute time per year.

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AI compute refers to the fundamental computational resources required for artificial intelligence systems to perform tasks, such as processing data, training machine learning models, and making predictions, all of which are key elements of GenAI and Pulse AI’s core business. NVIDIA Inception is an innovative program designed to support companies with advancements in AI and data sciences. NVIDIA Inception offers a limited number of carefully selected members exclusive and discounted access to NVIDIA’s technologies, which in many cases are not available to non-members, and access to a wealth of industry expertise and collaborative programs, and provides opportunities for co-marketing support to enhance brand visibility in the market. NVIDIA Inception plays an important role in shaping the future of AI and data-driven companies, from providing the latest technical tools and resources to fostering a culture of innovation and collaboration.

In conjunction with joining NVIDIA Inception, Pulse AI has issued a PO to acquire class-leading NVIDIA AI compute hardware from Lambda, Inc. for expected delivery in August 2023. Pulse AI will utilize the discounts provided through its membership in NVIDIA Inception and will acquire several Hyperplane 8 H100 servers, which are capable of aggregately delivering over 350,000 hours of AI compute time per year. Each Lambda Hyperplane 8 H100 server comes with new NVIDIA H100 GPUs, delivering performance, scalability and security for every workload. NVIDIA H100 GPUs feature fourth-generation Tensor Cores and Transformer Engines with FP8 precision, further extending NVIDIA’s AI leadership with faster training and inference speedup on large language models. Hyperplane 8 H100 servers enable an order-of-magnitude leap for large-scale AI and high-performance computing, accelerating everything from large-scale workloads to right-sized multi-instance GPU partitions. The addition of the additional hardware will significantly advance Pulse AI’s capability and allow it to expand current offerings while providing opportunities for further growth in the market.

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Ryan Selby, CEO of the Company, commented, “We are thrilled to be joining the NVIDIA Inception Program and concurrently initiating the acquisition of NVIDIA AI compute hardware. This strategic investment, which can deliver over 350,000 hours per annum of AI compute, signifies a quantum leap for GenAI in terms of performance, scalability, and security for the MAI Cloud platform. Leveraging the NVIDIA hardware allows us to markedly enhance our AI and high-performance computing capabilities, thus accelerating a wide array of workloads on our MAI Cloud platform and providing the potential to generate revenues from selling up to 350,000 hours per year of AI compute time to third-party customers.”

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