Latham & Watkins Advises Voltage Park in Completed Merger With Lightning AI

Lightning AI, a cloud platform where developers and companies build and run AI applications, has announced the completion of a merger with Voltage Park, a large-scale GPU infrastructure provider. The two companies, operating under the Lightning AI name and valued at over US$2.5 billion, bring together AI software and on-demand GPU compute in a single AI cloud designed for training, deploying, and running AI models and applications.

Latham & Watkins LLP represents Voltage Park in the transaction with a corporate team led by Boston partner Dan Hoffman and Orange County/Bay Area partner Nima Movahedi, with associates Andrew Forgy, Lauren Richardson, Shayna Servillas, Blake LaClaire, and Emily Okabe, and assistance from Austin Urbach. Advice was also provided on tax matters by Chicago partner Rene de Vera; on antitrust matters by Washington, D.C. partners Patrick English and Ian Conner; on labor matters by Chicago partner Nineveh Alkhas, with associate Jocelyn Wexler;* on benefits matters by Boston partner Josh Friedman, with associates Rebecca Fishbein and Ai Ni Lim; on data privacy and cybersecurity matters by Bay Area partner Robert Blamires and San Diego/Bay Area counsel Jennifer Howes, with associates Stuart Cobb and Jack Bergantino; on intellectual property matters by Boston partner Deborah Hinck, with associates Susana Santos, Zachary Shufro, and Victoria Allen; on emerging companies and growth matters by Boston counsel Naomi Smith, with associate Sally Gu; and on finance matters by Bay Area partner Dan Van Fleet, with associate Julia Steinberg.

*Admitted to practice in Massachusetts only.