Nvidia launches Lepton AI chip marketplace for cloud firms
Nvidia's graphics processors, or GPUs, dominate the market for training AI models and a raft of new cloud players called 'neoclouds' such as CoreWeave and Nebius Group have emerged to specialize in renting out Nvidia's chips to software developers.
The Santa Clara, California-based company announced the new tool called Lepton that lets cloud computing companies sell GPU capacity in one spot.
In addition to CoreWeave and Nebius, other firms joining the Lepton platform are Crusoe, Firmus, Foxconn, GMI Cloud, Lambda, Nscale, SoftBank Corp and Yotta Data Services.
Nvidia cloud vice president Alexis Bjorlin said that despite demand surging for chips at startups and large companies, the process of finding available chips has been 'very manual'.
'It's almost like everyone's calling everyone for what compute capacity is available,' Bjorlin told Reuters in an interview. 'We're just trying to make it seamless, because it enables the ecosystem to grow and develop, and it enables all of the clouds - the global clouds and the new cloud providers - access to Nvidia's entire developer ecosystem.'
Absent so far from Nvidia's Lepton partner list are major cloud providers such as Microsoft, Amazon Web Services or Alphabet's Google. Bjorlin said the system is designed for them to be able to sell their capacity on the marketplace if they choose.
Lepton will eventually allow developers to search for Nvidia chips located in specific countries to meet data storage requirements, Bjorlin said. It will also allow companies that already own some Nvidia chips to more seamlessly search for more to rent.
Nvidia did not disclose what the business model will be for the new software platform or say whether it would charge commissions or fees to either developers or clouds.
However, Bjorlin said developers will 'still retain their own relationship to the underlying compute providers, so they've contracted directly with them.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
2 hours ago
- The Star
Amphenol forecasts upbeat quarterly results on strong demand for electronic equipment
FILE PHOTO: Aerospace components manufactured by Amphenol are displayed at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 21, 2023. REUTERS/Benoit Tessier/File Photo (Reuters) -Amphenol forecast third-quarter results above Wall Street estimates on Wednesday, after seeing strong demand for its products such as cables, sensors and antennas, sending its shares up 4%. Massive investments by technology and defense firms in new technologies like artificial intelligence, which require significant computing infrastructure, have boosted demand for Amphenol's equipment. The company's communications solutions segment, which makes high-speed cable and antennas, reported sales of $2.91 billion in the second quarter, more than doubling its sales from a year ago. Total second-quarter sales were $5.65 billion, above estimates of $5.04 billion, according to data compiled by LSEG. The Connecticut-based company forecast third-quarter revenue between $5.4 billion and $5.5 billion, a growth of about 34% to 36% from a year ago. Analysts expected $5.25 billion. Amphenol also projected quarterly adjusted earnings per share between 77 cents and 79 cents, above expectations for 69 cents. Amphenol provides high-speed cables, sensors and antenna solutions for end markets such as automotive, commercial aerospace, defense, industrial and data communications. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Sahal Muhammed)
![Global X Launches PureCap[SM] Product Suite to Provide Uncapped Sector ETF Exposure](/_next/image?url=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2703290%2FGlobal_x_.jpg&w=3840&q=100)
![Global X Launches PureCap[SM] Product Suite to Provide Uncapped Sector ETF Exposure](/_next/image?url=https%3A%2F%2Fall-logos-bucket.s3.amazonaws.com%2Fthemalaysianreserve.com.png&w=48&q=75){kind=small}
Malaysian Reserve
2 hours ago
- Malaysian Reserve
Global X Launches PureCap[SM] Product Suite to Provide Uncapped Sector ETF Exposure
The new suite of ETFs seeks to deliver true market capitalization exposure across five key sectors, addressing rising market concentration trends NEW YORK, July 23, 2025 /PRNewswire/ — Global X Management Company LLC ('Global X'), the New York-based provider of exchange-traded funds (ETFs), today announced the launch of its PureCapSM Suite, a new collection of five sector ETFs providing uncapped, pure market capitalization weighted exposure across the consumer discretionary, communication services, information technology, consumer staples and energy sectors. The launch reflects heightened investor demand for refined sector allocation solutions, driven by growing concentration within five sectors which can impact funds due to regulatory weighting limits. The PureCapSM ETFs apply implementation techniques, including representative sampling, attempting to mimic the index exposure without reducing exposure to leading companies within each sector. This approach may help investors capture the full potential of sectors where uncapped indexes may provide differentiated performance versus capped indexes. 'Investors often think they're getting true sector exposure, but traditional funds limit exposure to the largest companies causing investors' performance to potentially diverge from the true performance of the sector,' said Scott Helfstein, Head of Investment Strategy at Global X. Scott continued, 'these products provide investors a different way to gain sector exposure, aligning their portfolios with how markets have evolved and potentially capturing the upside of the largest stocks in the sector.' The funds seek to capture sector leadership by aligning with the true weight of each sector's largest constituents while benefiting from the potential tax efficiency, liquidity and systematic rebalancing of an ETF. Fund Details Fund Name and Ticker Tracking Index ExpenseRatio Exchange CUSIP / ISIN Global X PureCapSM MSCIConsumer Discretionary ETF(GXPD) MSCI USAConsumerDiscretionaryIndex 0.25 % NYSE Arca 37960A313 / US37960A3133 Global X PureCapSM MSCICommunication Services ETF(GXPC) MSCI USACommunicationServices Index 0.25 % NYSE Arca 37960A297 / US37960A2978 Global X PureCapSM MSCIInformation Technology ETF (GXPT) MSCI USAInformationTechnology Index 0.25 % NYSE Arca 37960A289 / US37960A2895 Global X PureCapSM MSCIConsumer Staples ETF (GXPS) MSCI USAConsumer StaplesIndex 0.25 % NYSE Arca 37960A271 / US37960A2713 Global X PureCapSM MSCI EnergyETF (GXPE) MSCI USA EnergyIndex 0.25 % NYSE Arca 37960A263 / US37960A2630 About Global X Global X was founded in 2008. For more than fifteen years, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features a wide range of ETF strategies and over $60 billion in assets under management.[i] While we are distinguished for our Thematic Growth, Income and International Access ETFs, we also offer Core, Commodity, and Risk Management funds to suit a wide range of investment objectives. Explore our ETFs, research and insights, and more at Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $600 billion in assets under management worldwide.[ii] Mirae Asset has an extensive global ETF platform ranging across the US, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam. Important Information This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information is not intended to be individual or personalized investment advice and should not be used for trading purposes. Please consult a financial advisor professional for more information regarding your investment situation. Investing involves risk, including the possible loss of principal. Investments concentrated in a particular sector tend to be more volatile than the overall market. The PureCapSM ETFs are non-diversified. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Carefully consider the funds' investment objectives, risks, and charges and expenses before investing. This and other information can be found in the funds' full or summary prospectuses, which may be obtained at Please read the prospectus carefully before investing Global X Management Company LLC serves as an advisor to the Global X Funds. The Fund is distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI. Media Contact: Ariel Kouvaras, Sloane PR212-446-1884akouvaras@ [i] Source: Global X ETFs, as of July 8, 2025[ii] Source: Mirae Asset, as of December 31, 2024
The Star
3 hours ago
- The Star
Microsoft server hack has now hit 400 victims, researchers say
FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File photo WASHINGTON (Reuters) -A sweeping cyber-espionage campaign organization centered on vulnerable versions of Microsoft's server software has now claimed about 400 victims, according to researchers at Netherlands-based Eye Security. The figure, which is derived from a count of digital artifacts discovered during scans of servers running vulnerable versions of Microsoft's SharePoint software, compares to 100 organizations cataloged over the weekend. Eye Security says the figure is likely an undercount. "There are many more, because not all attack vectors have left artifacts that we could scan for," said Vaisha Bernard, the chief hacker for Eye Security, which was among the first organizations to flag the breaches. The spy campaign kicked off after Microsoft failed to fully patch a security hole in its SharePoint server software, kicking off a scramble to fix the vulnerability when it was discovered. Microsoft and its tech rival, Google owner Alphabet , have both said Chinese hackers are among those taking advantage of the flaw. Beijing has denied the claim. The details of most of the victim organizations have not yet been fully disclosed. Bernard declined to identify them. (Reporting by Raphael Satter; Editing by Jan Harvey and Mark Porter)
