One GPU multiple VMs acceleration and Plex encoding

I have dell r720 that I’m running proxmox on. I’d like to buy one big graphics card to be able to run my windows 10 pro vm and ubuntu 20.04 with some machine learning tasks off one gpu.

I was looking at buying something like a rtx a5000 or rtx a6000 to accomplish running both and using a little of it for Plex encoding running on truenas core in a vm.

Or should I just buy two or three gpu to make this happen?

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Are you talking about using Nvidia vGPU?

If so, have you looked at the licensing costs for the software?

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