July 2021 Summaries

The tutorial demonstrates how to install Docker with GPU support on Ubuntu Linux, specifically using the NVIDIA NGC container registry. To achieve this, you need to install Lambda Stack and Docker with nvidia-container-toolkit. The process involves pulling a pre-configured NVIDIA PyTorch container from NGC, mounting a local folder as part of the container's file system, and running an interactive session within the container. With these steps, users can leverage GPU acceleration for their PyTorch-based applications on Ubuntu Linux.

Lambda has secured $24.5M in financing to expand its GPU cloud and on-prem AI infrastructure software products, aiming to simplify deep learning infrastructure management for researchers and companies. The funding round consists of a $15M Series A equity round and a $9.5M debt facility, with investments from prominent firms such as 1517, Gradient Ventures, Bloomberg Beta, and Razer. Lambda plans to use the funds to grow its cloud engineering team, build deep learning infrastructure software, and expand its on-prem hardware business. The company is backed by a strong Board of Directors and has a shared strategic vision with Razer, which will drive future developments in deep learning systems for engineers.