UCX operates a platform designed to commoditize compute power, creating a transparent and efficient global marketplace. Their mission is to establish compute as a tradable asset class, allowing data centers to sell their surplus capacity and customers to procure resources at market-driven prices. The platform enables users to bid on specific amounts of computing resources (like CPU cores, GB of RAM) for defined periods, aiming to optimize resource allocation and cost for both suppliers and consumers in the high-performance computing (HPC) and cloud sectors.

Founded in

United States