neocloud
NEE-oh-kloud
Definition
A newer, specialized cloud infrastructure provider that focuses on providing massive scale and hardware capacity specifically for AI workloads, often operating outside the traditional hyperscale cloud ecosystem.
Etymology
A blend of the Greek prefix 'neo-' (meaning 'new') and the word 'cloud' (referring to remote computing infrastructure). The term emerged in the 2020s to describe non-hyperscale companies building massive specialized clusters for artificial intelligence.
In the news
The article uses the term to differentiate Volta from established, general-purpose cloud providers, noting that Volta functions as a specialist financier that avoids the traditional neocloud business model of simply acting as a hyperscaler's extension.
Anthropic's $10B Norway Compute Deal Gives Nvidia's Ecosystem Its First JPMorgan Credit Backstop
Read the full article ↗Tech Times