---
title: "Lightning AI merges with Ripple-backed Voltage Park, valuing the company at over $2.5 billion."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273224751.md"
description: "AI startup Lightning AI has merged with Voltage Park to form a \"full-stack AI cloud,\" valuing the new entity at over $2.5 billion. The company boasts annual recurring revenue exceeding $500 million. Lightning AI is known for the open-source tool PyTorch Lightning, while Voltage Park was established with $900 million from the Navigation Fund, founded by Ripple co-founder Jed McCaleb, and manages over 35,000 Nvidia GPUs. The Navigation Fund will retain a significant stake in the merged company."
datetime: "2026-01-21T11:39:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273224751.md)
  - [en](https://longbridge.com/en/news/273224751.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273224751.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/273224751.md) | [繁體中文](https://longbridge.com/zh-HK/news/273224751.md)


# Lightning AI merges with Ripple-backed Voltage Park, valuing the company at over $2.5 billion.

AI startup Lightning AI and computing power provider Voltage Park have merged to create a "full-stack AI cloud." The merged company, named Lightning AI, is valued at over $2.5 billion and has annual recurring revenue exceeding $500 million. Lightning AI is the developer of the open-source tool PyTorch Lightning, while Voltage Park was founded with $900 million in funding from the Navigation Fund, a non-profit organization founded by Ripple co-founder and Mt. Gox co-founder Jed McCaleb, and manages over 35,000 Nvidia GPUs. Following the merger, the Navigation Fund will hold a significant stake in the new company. (Forbes)

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