Nvidia Wins Modal for New Vera Processors
AI startup Modal plans to use Nvidia's new Vera central processor for hosting agents after tests showed doubled workload capacity. Modal will run the Nvidia chips alongside existing Intel and AMD hardware.
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NVIDIA CORP has secured central processor business with cloud-computing startup Modal, breaking the duopoly held by INTEL CORP and ADVANCED MICRO DEVICES in that segment. The move gives Nvidia an early foothold in a central processor market valued at $200 billion. Nvidia expects to generate at least $20 billion from Vera chip sales this fiscal year.
