📢 𝗝𝗨𝗦𝗧 𝗜𝗡: QumulusAI Signs GPU-as-a-Service

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: QumulusAI Signs GPU-as-a-Service Deal With DRW for NVIDIA Blackwell B300 Cluster - $QumulusAI(QMLS.US) $NVIDIA(NVDA.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗤𝘂𝗺𝘂𝗹𝘂𝘀𝗔𝗜 signs GPU-as-a-Service agreement with trading firm 𝗗𝗥𝗪.

➤ DRW will receive a dedicated 𝗡𝗩𝗜𝗗𝗜𝗔 𝗕𝗹𝗮𝗰𝗸𝘄𝗲𝗹𝗹 𝗕𝟯𝟬𝟬 cluster.

➤ Capacity will operate across QumulusAI's 𝗨.𝗦. 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿 footprint.

➤ Agreement starts with a 𝗼𝗻𝗲-𝘆𝗲𝗮𝗿 term.

➤ Three renewal options could extend the agreement to 𝗳𝗼𝘂𝗿 𝘆𝗲𝗮𝗿𝘀.

➤ DRW will use GPUs to scale 𝗰𝗼𝗺𝗽𝗹𝗲𝘅 𝗾𝘂𝗮𝗻𝘁𝗶𝘁𝗮𝘁𝗶𝘃𝗲 research.

➤ DRW becomes QumulusAI's 𝘀𝗲𝗰𝗼𝗻𝗱 announced financial-markets customer.

➤ QumulusAI recently signed an agreement with an 𝗮𝗴𝗲𝗻𝘁𝗶𝗰 𝗵𝗲𝗱𝗴𝗲 𝗳𝘂𝗻𝗱.

➤ QumulusAI has announced over $𝟮𝟰𝟲 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in customer agreements since June.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Expands QumulusAI beyond AI inference into 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁𝘀.

➤ Demonstrates institutional demand for dedicated 𝗕𝗹𝗮𝗰𝗸𝘄𝗲𝗹𝗹 𝗕𝟯𝟬𝟬 computing capacity.

➤ Adds to QumulusAI's rapidly growing $𝟮𝟰𝟲+ 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 customer pipeline.

➤ Shows advanced AI compute becoming increasingly important for 𝗾𝘂𝗮𝗻𝘁𝗶𝘁𝗮𝘁𝗶𝘃𝗲 𝘁𝗿𝗮𝗱𝗶𝗻𝗴.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗠𝗶𝗰𝗵𝗮𝗲𝗹 𝗠𝗮𝗻𝗶𝘀𝗰𝗮𝗹𝗰𝗼, CEO of QumulusAI:

“Quantitative trading firms are among the most demanding compute customers there are, and they are expanding what they invest in AI infrastructure,” said Michael Maniscalco, CEO of QumulusAI. “GPU-as-a-Service will give DRW fast, dedicated access to current-generation Blackwell compute exactly when its teams need it. We are glad to welcome DRW as a customer.”

𝗥𝗶𝗰𝗵 𝗡𝗼𝗿𝗺𝗮𝗻, Chief Information Officer of DRW:

“We’ve always invested in the research and technology that allow us to test, challenge and refine how we understand markets,” said Rich Norman, Chief Information Officer of DRW. “This capacity allows us to run more complex research at greater scale, iterate faster and shorten the distance between a hypothesis and what the data tells us. That ability to keep learning is fundamental to finding new edge.”