Parasail says its fleet of on-demand GPUs is larger than Oracle’s entire cloud

Cloud infrastructure is dominated by several large industry players: AWS, Microsoft’s Azure, and Google Cloud. While to some it may look like AI is headed in a similar direction, the founders of Parasail think AI infrastructure will look very different — and are betting their company’s fate on it. Parasail works with dozens of providers to deliver on-demand GPUs for companies and enterprises looking to build AI models and applications. Parasail gives customers access to hardware, including Nvidia’s H100, H200, A100, and 4090 GPUs, at a fraction of the cost that incumbents charge, according to the company. “There’s basically three cloud vendors who run the internet, and that isn’t exactly how the internet is being rebuilt when you look at AI,” Tim Harris, one of Parasail’s co-founders and the CEO of Swift Navigation, told TechCrunch. “It’s much more fragmented. The compute is much more fungible and fluid, so you can actually inherently run it in a more horizontal nature, and that’s re ... Read full article.