Megaspeed is part of Nvidia's cloud partner network (NCP), through which it buys equipment from the American chipmaker and rents computing power to AI developers.

On its website, the company describes itself as "a core business partner of NVIDIA's computing power cloud business in the Asia-Pacific region".

Its offerings include distributed AI training, inference acceleration, model evaluation and cloud computing services.

Megaspeed also says its partnership with Nvidia gives it access to the chipmaker's products, services and cloud computing capabilities.

It offers different business models, including monthly rentals, customised services, private cloud computing management and charges for leasing computing capacity.