[Lightning AI and Voltage Park, backed by Mt. Gox co-founder, merge with a valuation exceeding $2.5 billion] According to a report by Jinse Finance, as disclosed by Forbes, artificial intelligence startup Lightning AI has merged with computing power provider Voltage Park to create a 'full-stack AI cloud.' The merged company will be named Lightning AI, with a valuation exceeding $2.5 billion and annual recurring revenue surpassing $500 million. Lightning AI is the developer of the open-source tool PyTorch Lightning, while Voltage Park was established with $900 million in funding from the Navigation Fund, a nonprofit organization led by Ripple co-founder and Mt. Gox co-founder Jed McCaleb. Voltage Park manages over 35,000 Nvidia GPUs, and after the merger, Jed McCaleb's Navigation Fund will hold a significant equity stake in the new company.