A nonprofit organization funded by cryptocurrency billionaire Jed McCaleb has made a big investment in AI technology. The organization, called Voltage Park, purchased 24,000 Nvidia H100 chips worth $500 million. These chips are used to power artificial intelligence projects. Voltage Park plans to offer low-cost AI computing to help with the shortage of AI chips. Eric Park, CEO of Voltage Park, believes that the current ecosystem for machine learning is broken. The chips will be set up in Texas, Virginia, and Washington and are expected to be fully deployed by February. This investment comes after the release of OpenAI's ChatGPT last year, which caused a surge in demand for Nvidia's advanced AI silicon. Intel, Advanced Micro Devices, and a host of startups also sell AI chips that are in high demand. This investment is a big step forward for AI technology.