SingularityNET to invest $53 million in AI infrastructure and modular supercomputers

Artificial intelligence platform developer SingularityNET has revealed that it will invest $53 million in a modular supercomputer dedicated to decentralized general artificial intelligence (AGI).
According to the July 23 announcement, the first phase of the investment will allocate $26.50 million for supercomputers, including modular data center solutions from Ecoblox, graphics processing units (GPUs) and processors from companies such as Nvidia, AMD and Tenstorrent, and AI servers from Asus and Gigabyte.