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Cloud GPU specs suitable for render videos, ML, etc...

Hello LET, I am researching Cloud GPUs for rendering videos and ML. I have found a provider with the following specifications:

  • 16 vCPU 2667v4
  • 48 GB RAM
  • 1 GPU Nvidia Tesla P40 24GB
  • 3840 CUDA cores
  • 200GB SSD NVMe
  • Price: $0.27/hr

Do you think this configuration is sufficient for rendering videos or ML, training tasks? I have never used Cloud GPUs before, so I hope to find an answer here.

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