NexGen Cloud

an image of cloud computing ,

NexGen Cloud is an advanced IaaS (Infrastructure as a Service), providing clients with high-performance GPU Cloud Computing Power at a fraction of the price of leading competitors. They provide GPU cloud rental and as a blockchain business, they are focused on building affordable and sustainable infrastructure solutions for Web 3.

This blog will explore the features, benefits, and advantages of NexGen Cloud and why it is a potential game-changer in the GPU cloud computing market.

What is GPU Cloud Computing?

Instead of buying expensive servers and GPUs, hosting them on-premises, and hiring a team to manage the system, more companies are now moving off-premises and onto the cloud, making workloads much faster and cutting costs.

NexGen Cloud’s solutions run alongside external cloud services, meaning you don’t have to cancel your existing cloud SaaS subscriptions – NexGen can supply the processing power to them.

Who are NexGen Cloud?

Since its inception, NexGen Cloud has built a significant amount of enterprise-grade hardware assets that can offer a variety of GPU cloud workloads, such as Artificial Intelligence, Video Rendering, Machine Learning, and Medical Research – while also supporting blockchain technologies to provide decentralised storage.

NexGen offers some of the most advanced and up-to-date GPUs and works with some of the most advanced distributed computing platforms to make its Cloud GPU pricing one of the most cost-effective on the market.

They offer customers GPU computing power up to 5x cheaper than AWS, Google, and MSFT – the market leaders of the global cloud industry.

NexGen’s Data Centres are powered by renewable energy, and they search for the most sustainable hosting partners worldwide. Keeping a highly powerful device running 24/7 requires a large amount of energy. It is essential to find a sustainable supply, with ultra-low emissions, well-managed, offering high levels of security, and cost effective.

Renewable energy and security are NexGen’s top criteria when selecting site locations. Each of their Data Centres is carefully managed – and as well as conducting routine maintenance; engineers are onsite 24/7 in case of a technical emergency.

This year NGVP Cloud will be able to provide 100 Petabytes of Decentralised Data Storage. The data kept there is encrypted within the blockchain, making it far more secure than traditional storage methods.

Centralised servers holding information are replaced by blockchain servers stored on multiple computers, meaning Web 3.0 will have far more storage and processing potential than ever.

This information decentralisation means that the data stored in Web 3.0 will have no single point of authority, making it more secure and harder to hack. It is the democratisation of the internet – more open-source and less reliant on Big Tech companies.

NexGen Cloud is also committed to transparency. They provide customers with complete visibility of their spending and usage, ensuring that customers understand their billing and are not surprised by any hidden charges. Transparency is essential in any business, and NexGen Cloud understands this. Their pricing is straightforward, and customers can easily calculate their costs and budget accordingly.

NexGen Cloud is a game-changer in the cloud computing industry. They provide affordable, sustainable, and transparent GPU cloud and blockchain solutions for Web 3.

With its focus on sustainability, transparency, and affordability, NexGen Cloud is an excellent choice for companies looking to cut costs, increase efficiency, and reduce their carbon footprint.

 

NexGen Cloud has launched Hyperstack

NexGen Cloud has introduced Hyperstack, a cloud platform powered by NVIDIA GPUs, aimed at offering GPU-accelerated cloud access for the European market. This technology enables European businesses to access on-demand GPU cloud computing, catering to artificial intelligence, high-performance computing, and graphics applications without facing regulatory or compliance issues associated with US-based alternatives.

The GPU market is growing rapidly, with an estimated worth of $11.4 billion in 2023. Hyperstack provides access to NVIDIA GPU-accelerated solutions, allowing businesses to deploy custom or pre-configured virtual machines and manage software deployment through managed Kubernetes. By collaborating with NVIDIA through the Inception program, Hyperstack brings high-end GPUs to the European market, empowering startups and scale-ups to harness AI and data capabilities.

Additionally, the solution focuses on sustainability, leveraging energy-efficient GPUs and data centers powered by renewable energy sources. Hyperstack aims to make GPU computing accessible to businesses of all sizes in Europe, promoting innovation and sustainability.

If you’re looking for a reliable and cost-effective cloud provider that offers excellent customer service and technical support, NexGen Cloud is a perfect choice.

Try them out today and experience the NexGen difference.

by Rachel Buscall

by Rachel Buscall

Co-Founder & Managing Director at New Capital Link. Having started her career in the financial sector, Rachel demonstrated a natural flair for entrepreneurship.

New Capital Link

Alternative investment specialists offering structured opportunities across the UK & Overseas.

New Capital Link is a boutique London-based introducer that offers unique UK & global investment opportunities worldwide.

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Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be very complex and high risk.

What are the key risks?

1. You could lose all the money you invest

If the business offering this investment fails, there is a high risk that you will lose all your money. Businesses like this often fail as they usually use risky investment strategies. 

Advertised rates of return aren’t guaranteed. This is not a savings account. If the issuer doesn’t pay you back as agreed, you could earn less money than expected or nothing at all. A higher advertised rate of return means a higher risk of losing your money. If it looks too good to be true, it probably is.

These investments are sometimes held in an Innovative Finance ISA (IFISA). While any potential gains from your investment will be tax free, you can still lose all your money. An IFISA does not reduce the risk of the investment or protect you from losses.

2. You are unlikely to be protected if something goes wrong

The business offering this investment is not regulated by the FCA. Protection from the Financial Services Compensation Scheme (FSCS) only considers claims against failed regulated firms. Learn more about FSCS protection here. https://www.fscs.org.uk/what-we-cover/investments/ or

Protection from the Financial Services Compensation Scheme (FSCS), in relation to claims against failed regulated firms, does not cover poor investment performance. Try the FSCS investment protection checker here. https://www.fscs.org.uk/check/investment-protection-checker/

The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm or Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA-regulated firm, FOS may be able to consider it. Learn more about FOS protection here. https://www.financial-ombudsman.org.uk/consumers

3. You are unlikely to get your money back quickly

This type of business could face cash-flow problems that delay interest payments. It could also fail altogether and be unable to repay investors their money. 

You are unlikely to be able to cash in your investment early by selling it. You are usually locked in until the business has paid you back over the period agreed. In the rare circumstances where it is possible to sell your investment in a ‘secondary market’, you may not find a buyer at the price you are willing to sell.

4. This is a complex investment

This investment has a complex structure based on other risky investments. A business that raises money like this lends it to, or invests it in, other businesses or property. This makes it difficult for the investor to know where their money is going.

This makes it difficult to predict how risky the investment is, but it will most likely be high.

You may wish to get financial advice before deciding to invest.

5. Don’t put all your eggs in one basket

Putting all your money into a single business or type of investment for example, is risky. Spreading your money across different investments makes you less dependent on any one to do well. 

A good rule of thumb is not to invest more than 10% of your money in high-risk investments. https://www.fca.org.uk/investsmart/5-questions-ask-you-invest

If you are interested in learning more about how to protect yourself, visit the FCA’s website here: https://www.fca.org.uk/investsmart

For further information about minibonds, visit the FCA’s website here.https://www.fca.org.uk/consumers/mini-bonds