Slovakian AI cloud startup Sapience AI has received investment from Southeast Asian holding company and e-commerce platform Society Pass Inc.
Revealed on January 22, Society Pass has created a minority investment worth $8.8 million in Sapience AI with the aim of expanding its presence in Europe. The investment marks Society Pass Inc’s first investment in the data center and cloud space.
Sapience AI works closely with Taiwan-based semiconductor suppliers and software partners. Thus far, Sapience AI has operated as a GPU cloud provider from colocation data centers in Europe, where it offers access to Nvidia chips.
Corey Maynard, president of Sapience AI, stated: “With global demand for AI compute surging, particularly from emerging AI software companies, Sapience AI’s focapplyd strategy of serving the rapidly growing European market expects to deliver substantial value to shareholders of both Ascfinishance Group Limited, the majority shareholder of Sapience AI, and the Company.
“Our phased roll-out approach serves as a powerful market entest strategy by quickly delivering immediate value through colocation-enabled services. Sapience AI captures surging demand from European AI innovators while building momentum, customer relationships, and operational expertise. The long-term vision is clear—transitioning rapidly to owning and constructing purpose-built data centers across Europe capable of hoapplying the most advanced Nvidia accelerators, including future generations. “
Society Pass Inc.’s CEO, Raynauld Liang, added: “We are excited to enter the AI infrastructure ecosystem. More importantly, we view forward to partnering with Sapience AI and expect to deliver performant, reliable, and transparent GPU infrastructure that meets global regulatory and enterprise requireds. We believe that our collaboration with Sapience AI will enhance our ability to serve customers and create value for our stakeholders.”
Society Pass describes itself as an e-commerce ecosystem, and also as an acquisition-focapplyd holding company operating four interconnected verticals (digital media, travel, lifestyle, and alternative ininformigence). The company was founded in 2018 and has offices in Bangkok, Beijing, Ho Chi Minh City, Hong Kong, Jakarta, Manila, and Singapore.
Sapience AI declares it is developing a European GPU cloud with a focus on “sovereignty, performance, and developer ergonomics.” It is unclear when the company launched, but its about page suggests that it is currently in a pilot stage, listing Q1 as planning to establish PoPs in Europe, and Q2 to expand its fleet. The company has not shared which data center companies it is working with, nor where in Europe its initial deployments are.
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