GPU-as-a-Service (GPUaaS) provider Voltage Park has acquired TensorDock, a GPU cloud marketplace.
Announced by the companies on March 26, the terms of the deal were not disclosed.
“We share a common mission to make AI compute more accessible,” said Ozan Kaya, CEO of Voltage Park. “We knew that TensorDock would be the right next step for our long-term goals of empowering AI companies and developers with access to high-performance accelerators for AI model development and deployment. In a short time, we are becoming the leading cloud infrastructure alternative to traditional hyperscalers.”
The acquisition is hoped to broaden the infrastructure on offer to both companies' customers, giving Voltage Park customers access to TensorDock's range of compute options, including single-slot Nvidia RTX cards, NVLink'd Nvidia HGX H100 SXM5 servers, and the Nvidia RTX Blackwell.
TensorDock's marketplace will continue to operate as usual. Founder Joanthon Lei will become general manager of on-demand at Voltage Park, while Voltage Park's director of customer experience, Melissa Du, will head to TensorDock as general manager.
"It's clear that not all clouds are created equal," said Jonathon Lei. "We chose to join forces with Voltage Park because they are the cloud provider our customers loved most. Their Nvidia GPU cloud infrastructure is truly differentiated with 24/7 onsite customer support. Plus they have BGP multihomed networking; replicated, sharded NVMe-based network-attached storage; reliable InfiniBand with Nvidia Sharp and more. With all the tools they need in one place, customers enjoy a simplified experience."
Voltage Park's GPU cloud gives customers access to on-demand or reserved bare metal Nvidia H100 GPUs. The company has partnered with Dell, Nvidia, Penguin Solutions, and Vast for its AI cloud. In late 2023, the company secured a $500 million funding round and announced it was acquiring 24,000 H100 GPUs.
The company owns the hardware and software for its GPUaaS offering and offers on-demand access to H100s from $2.25 per hour, significantly less than hyperscalers.
Issue 31 of The GPU newsletter by Ben Baldieri notes that, with the low cost of GPUs, Voltage Park left room for "other players to make margin" by leasing and releasing the company's hardware. Baldieri wrote: "That was 2024. 2025 is different."
According to Baldieri, the company's goal with the acquisition of TensorDock is now to "offer world-class AI infrastructure at hyperscaler scale, without the hyperscaler lock-in."
According to the company's website, it has six Tier 3+ designed data centers located across four states in the US. DCD has contacted the company for more information about its data center footprint.
Baldieri's newsletter suggests that Voltage Park's data centers are "in the lowest-cost US states, colocated next to major carrier hotels and peering exchanges for low-latency access and high throughput," and names a Seattle data center.
The company is financed by Jed McCaleb, who built his billions through the founding of three cryptocurrency companies: Mt. Gox, Ripple, and Stellar. Any profit from Voltage Park goes directly to its parent organization, the non-profit Navigation Fund. McCaleb is not directly involved with the operation of either organization.
