AMPD Signs Expanded Deal with Variational AI for Machine Learning Compute Employing new NVIDIA(R) Ampere(TM) Technology

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May 05, 2021

VANCOUVER, BC / ACCESSWIRE / May 5, 2021 / AMPD Ventures Inc. ("AMPD" or the "Company")(CSE:AMPD)(FRA:2Q0, Financial) is proud to announce that it has signed a deal with Variational AI Inc. ("Variational AI" or "Variational") to expand its machine learning infrastructure hosted at AMPD's DC1 sustainable data centre. Variational AI is discovering new small molecule therapeutics for COVID-19, cancer, and other disease areas, and needed to greatly increase its machine learning compute capacity. AMPD and Variational AI have signed a new 24-month contract that approximately triples Variational's machine learning compute capacity. AMPD views this deal as validation of AMPD's commitment to blending the convenience of cloud with the power of the high-performance computing architectures necessary for the latest cutting-edge applications.