Artificial Intelligence
AMA announces approval of its registration document by France’s financial markets authority and its proposed IPO on Euronext Growth in Paris
AMA announces approval of its registration document by France’s financial markets authority and its proposed IPO on Euronext Growth in Paris
A pioneer in assisted reality solutions for frontline workers, AMA is an editor and integrator of B2B software solutions for the smart workplace. Over the past six years, AMA has developed one of the most advanced assisted reality and mobile collaboration solutions on the market, which is now used in over 100 countries. With eight subsidiaries covering Europe, North America and Asia, the Group has built up a portfolio of more than 400 clients, mostly Fortune 1000 companies.
To address the very strong growth of its market, AMA is considering an initial public offering (“IPO”) on the Euronext Growth market in Paris to raise its profile and strengthen its financial resources. This IPO would allow the Group to accelerate its investments in research and development and expand its international sales teams, with the aim of strengthening its technological and commercial lead and becoming a leader in this vast market for equipping frontline workers with collaborative working solutions.
AMA was co-founded by Christian Guillemot and his brothers, entrepreneurs from Brittany in France who are notably the successful founders of Ubisoft. The Guillemot family intends to support the IPO by participating in the related capital increase.
AMA CORPORATION (“AMA”) today announces the approval of its registration document, on 2 June 2021, by France’s financial markets authority (Autorité des marchés financiers – “AMF”) under number I.21-027 (the “Registration Document”).
The approval of the Registration Document is the first step of AMA’s projected IPO on the Euronext Growth market in Paris. The projected IPO remains subject to the AMF’s approval of the prospectus relating to the offer and admission of AMA’s shares and to favourable market conditions.
For Christian Guillemot, Chief Executive Officer and co-founder of AMA: “AMA is now perfectly positioned to take a leading role in the emerging and very high-potential market for secure hands-free and collaboration solutions for the deskless workforce. This market now represents 80% of the world’s working population. Enabling collaborative work in the field, bringing closer together physically distant employees, facilitating expertise sharing, planning and managing quality control remotely, speeding up assistance procedures and, more generally, having a precise view of what is happening anywhere in the world, all while limiting travel, are fundamental needs for all companies, today and tomorrow. This is AMA’s role, equipping already more than 400 clients, mostly Fortune 1000 companies. This proposed IPO on the Euronext Growth market in Paris will support our growth strong acceleration.”
A pioneer in smart workplace and assisted reality solutions
AMA is an editor and integrator of B2B software solutions that foster collaborative work, and a supplier of advanced remote assistance solutions or “assisted reality” for connected devices, including smart glasses. AMA is one of the pioneers in its sector, having been awarded the “Glass at Work Certified Partner” label by Google in 2015 under the “Google Glass Explorer” programme.
With the rise of the smart workplace, i.e. the use of new collaboration tools and new working methods that initially contributed to digitalising and connecting work in offices, companies are gradually rethinking their operational strategies and developing the use of connected technologies to make their operations more agile. In this respect, companies and organisations throughout the world are now busy digitalising the workforce in the field. Driven both by structural trends resulting from the increased digitalisation of the economy, and by specific trends as a result of the development of the smart workplace, the assisted reality market is expected to enjoy a very strong growth in the coming years1.
Under the XpertEye brand, AMA’s assisted reality platform covers a wide range of use cases such as remote diagnostics, inspection, planning, workflow management, remote training and telehealth. AMA’s innovative solutions for remote interactive collaboration, connected to a variety of devices, have been rolled out in more than 100 countries. They enable users to improve productivity, maximise uptime, limit travel with its associated costs and carbon footprint, simplify knowledge transfer and speed up resolution time.
After initial successes in the connected healthcare sector, AMA gradually extended its activities to the industry and service sectors and expanded its customer base at a steady pace. The Group achieved a consolidated revenue of €6.4 million for the financial year ended 31 December 2020, compared with €1.8 million for the financial year ended 31 December 2019, a rise of 264%. The Group’s unaudited consolidated revenue for the first quarter of 2021 amounted to €2.2 million versus €0.5 million for the first quarter of 2020, a growth rate of 297%.
A strategy of international roll-out of its innovative software solutions for the digital transformation of frontline workers
The first versions of the AMA XpertEye platform were developed to operate in strict and restrictive medical environments while managing sensitive data in accordance with this sector’s regulatory requirements. Today, AMA offers its clients solutions that minimise the volume of data processed and collected a key differentiating factor in meeting the challenges of cybersecurity and sovereignty of the large businesses it addresses.
These requirements, with respect to the development of XpertEye solutions, allowed AMA to offer generic solutions with a high level of security in a very large number of sectors (industry, transportation, aeronautics, construction, energy, healthcare, hospitals, pharmaceuticals, services, etc.).
AMA relies on its entrepreneurial DNA to implement a development strategy based on a strong capacity for innovation and a commercial roll-out on an international scale.
In order to provide cutting-edge technological responses adapted to the needs and use cases expressed by its clients, AMA’s R&D develops its products and services on a common software platform based on customer feedbacks, collected within structured internal processes. These R&D efforts have also focused on image quality issues, particularly regarding use in areas with poor network coverage. AMA ‘s solutions focus on optimising key elements of the hardware used and on promoting interoperability with different terminals and devices (smart glasses, smartphones, microscopes, thermal cameras, endoscopes, dermatoscopes, etc.) and operating systems (in particular iOS, Windows or Android depending on the product chosen). With this capacity for innovation focused on the needs of its clients, AMA is in a position to offer more and more added value to its clients, on the one hand, by proposing new offers and, on the other hand, by concentrating its efforts on penetrating a growing number of departments, divisions and subsidiaries of the same customer.
AMA’s commercial development is directed towards the international market, while ensuring a local presence capable of supporting the digital transition of its international clients and prospects’ frontline workers. This approach is complemented by the implementation of strategic distribution partnerships to accelerate the dissemination of the XpertEye platform to telecom operators and B2B digital solutions providers.
AMA believes that these two pillars of its strategy reinforce its ability to increase its revenue per customer, to convert its test clients (called “Explorer Clients”)2, who have more than doubled in number between 2019 and 2020, and to capture new prospects in France and abroad.
A company in the midst of an acceleration phase positioned in the exponentially growing assisted reality market
AMA intends to continue offering solutions at the cutting edge of technological developments, enriched with content and increasingly interoperable, and likely to respond to an ever-increasing number of use cases.
AMA seeks to become one of the leaders on its market and to support its growth in the coming years. With this objective, the Group, which launched a major recruitment campaign in the first quarter of 2021, plans to:
- Strengthen its sales teams and its international commercial roll-out in order to:
- step up its presence with existing clients by promoting new use cases and increase its penetration;
- target more and more clients, and expand its geographical coverage within a global market. AMA plans to strengthen its sales teams in its existing subsidiaries and to create new ones or new offices, including in Japan, Spain, Latin America, Singapore, Dubai, Africa, etc.;
To this end, AMA expects its sales and marketing team, which had 45 staff members in France and abroad at 31 December 2020, to double by the end of 2021 and comprise some 200 people by the end of 2023.
- Increase its investments in R&D, in particular to:
- strengthen AMA’s main assets, by continuing to invest in cybersecurity and in the interoperability of its solutions to support the growth of smart glasses and connected devices that can adapt to new demands and new use cases;
- innovate, in particular with a view to enhancing AMA’s range of solutions through artificial intelligence, machine learning, increased data analysis capacities and, building on the deployment of 5G, to integrate new solutions allowing more and more communications between devices thanks to the Internet of Things (IoT).
For this, AMA expects its R&D team, which comprised 48 people at 31 December 2020, mainly in France, to grow to around 200 engineers, developers and project managers by the end of 2023.
AMA objectives and outlook
The Group aims to pursue its organic growth through its strategy of acquiring new clients and expanding the business volumes it generates with existing clients.
For the financial years 2021 and 2022, AMA is targeting revenues of more than €15 million (compared with €6.4 million in 2020, i.e. annual growth of 140%) and €32 million (i.e. annual growth of 110% compared with 2021) respectively. With a growth rate of 297% in the first quarter of 20213 compared with the first quarter of 2020, AMA believes that its revenue target for FY 2021 is well on track.
In line with the acceleration recorded in 2020 and in the first quarter of 2021, and in keeping in line with its objectives for 2021 and 2022, AMA aims to generate revenue of more than €175 million for the financial year ending 31 December 2025.
Thanks principally to the growth in its sales volumes and related improvement in its operating leverage, the development of its product mix towards software, and the continued efforts to keep its operating expenses under control, the Group is targeting a positive adjusted EBITDA4 by 31 December 2023, an adjusted EBITDA exceeding 20% by 31 December 2025 and a positive free cash flow5 by 31 December 2025.
Proposed IPO on the Euronext Growth market in Paris
As part of its proposed IPO, AMA intends to raise its profile and strengthen its financial resources to accelerate its growth, notably with the aim of pursuing and reinforcing its research and development efforts, and also to develop its sales and marketing staff, in particular by opening new international offices.
The Guillemot family, which holds 93.76% of AMA’s capital and voting rights as of the date of the Registration Document, intends to support this transaction by participating in the related capital increase.
AMA’s Registration Document is available on the Company’s website (www.amaxperteye.com) and on the AMF website (www.amf-france.org). It is also available free of charge on request from the Company’s registered office at 2 Angel Square, London, EC1V 1NY, UK. AMA draws the attention of potential investors to section 3 “Risk factors” of the Registration Document approved by the AMF.
About AMA
Whereas most collaborative working tools quickly reach their limits once outside the office space, AMA allows experts to work remotely with frontline workers using a secure software platform associated with video tools perfectly tailored to each business.
With nearly seven years’ experience in remote assistance solutions, AMA helps industry and service providers of all sizes, as well as medical establishments, to accelerate their digital transformation. Deployed in more than 100 countries, AMA’s assisted reality platform, XpertEye, addresses a wide range of use cases such as remote diagnostics, inspection, planning and workflow management. Its unique solutions for remote interactive collaboration enable companies and institutions to increase productivity, speed up resolution times and maximise uptime.
AMA is a fast-growing company with offices in France, Germany, Romania, the United Kingdom, the United States, Canada, and China (including Hong Kong). AMA has a global presence and works across all time zones to forge close relationships with its clients wherever they are. For more information, visit www.amaxperteye.com
Press contacts
Esther Duval
+33 689 182 343
[email protected]
Marie Calleux
+33 609 685 538
[email protected]
Legal notice
This press release includes summary information only and does not purport to be complete. No warranty is given as to the accuracy or completeness of the information or opinions contained in this press release.
This press release does not contain or constitute an offer to sell securities or an invitation or inducement to invest in securities in France, the United States of America or any other jurisdiction.
This press release may not be distributed directly or indirectly in the United States of America, Canada, Australia or Japan.
The release of this document may be subject to specific regulations in some countries. Individuals in possession of this document should inform themselves of and observe any local restrictions in place.
This press release is for information purposes only. It does not constitute, and shall not under any circumstances be deemed to constitute, an offering to the public of securities, nor a solicitation of the public for an offer of any kind whatsoever in any country, including France.
This document constitutes a promotional communication and not a prospectus within the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, as amended, and as transposed into English law by the Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019, regarding the prospectus to be published in the event of a public offering of securities or for the admission of securities to trading on a regulated market, as amended (the “Prospectus Regulation”).
With respect to the Member States of the European Economic Area, no action has been or will be taken to allow a public offering of the securities covered by this press release that would require the publication of a prospectus in a Member State other than France.
Accordingly, the securities cannot and will not be offered in any Member State other than France, except in accordance with the exemptions provided for in Article 3(2) of the Prospectus Regulation, if transposed in that Member State, or in other cases not requiring the publication by AMA of a prospectus pursuant to Article 3 of the Prospectus Regulation and/or the regulations applicable in that Member State. In France, a public offering of securities may only be made pursuant to a prospectus that has been approved by the AMF.
This press release does not constitute an offering or solicitation to purchase or subscribe for any securities in the United States of America or any other country.
The securities mentioned in this press release may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. AMA does not intend to register the offering in whole or in part in the United States of America or to conduct an initial public offering in the United States of America.
This press release does not constitute an offering of securities to the public in the United Kingdom. This announcement is directed only at and intended only for (i) persons who are outside the United Kingdom, (ii) investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or, (iii) persons falling within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Order (the persons referred to in paragraphs (i), (ii) and (iii) together being referred to as “Eligible Persons”). Any invitation, offer or contact relating to the subscription, purchase or acquisition of the securities referred to in this press release.
Forward-looking statements
Certain information included in this press release is not historical data but is forward-looking. These forward-looking statements are based on estimates, forecasts and assumptions including, without limitation to, assumptions about the Group’s present and future strategy and the economic environment in which the Group operates, and involves known and unknown risks, uncertainties and other factors, which may cause actual results and performance, or the results of its business industry/sector, to differ materially from those expressed or implied in such forward-looking statements. These risks and uncertainties include those set forth and detailed in chapter 3 “Risk Factors” of the Registration Document.
These forward-looking statements speak only as of the date of this press release and the Group expressly disclaims any obligation or undertaking to release any updates or revisions to any of the forward-looking statements included in this press release to reflect changes in assumptions, events, conditions or circumstances on which any such forward-looking statements are based. The forward-looking statements contained in this press release are made for illustrative purposes only. These forward-looking statements and information are not guarantees of future performance and are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Group. Actual results may differ materially from those expressed, implied or projected in the forward-looking information and statements.
Finally, this press release may be written in French and English. In the event of any differences between the two texts, the French version shall prevail.
1 Expected to grow at an average annual rate of more than 123% during the 2020-2024 period according to the IDC study “Worldwide Augmented & Virtual Reality Spending” of March 2021.
2 “Explorer Clients” as opposed to “Confirmed Clients”, as defined in the Registration Document.
3 Unaudited revenue figures.
4 Adjusted EBITDA is an alternative indicator of performance within the meaning of AMF Position-DOC n°2015-12 dated 3 July 2016 and is defined by AMA as the operating result plus amortisation and depreciation of intangible assets and property, plant and equipment, and share-based compensation expenses.
5 Free cash flow is defined as net cash from operating and investing activities, excluding any investments related to potential external growth operations.
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Artificial Intelligence
XA NETWORK EXPANDS TO AFRICA WITH LAUNCH OF XA AFRICA, BACKED BY TECH VETERANS
An exclusive investment network founded by tech alumni in Southeast Asia expands to support and fuel the vibrant African startup ecosystem.
SINGAPORE, Oct. 11, 2024 /PRNewswire/ — XA Network, a leading investment network founded by tech alumni in Southeast Asia, today announced its expansion into Africa with the launch of XA Africa. The move underscores the network’s vision and commitment to fostering innovation and supporting promising startups globally.
XA Africa is founded by a trio of experienced tech professionals:
Nitin Gajria, former MD of Google Sub-Saharan AfricaJason Scott, venture capitalist and an architect of the Black Founders Fund at GoogleMarek Dawidowicz, current Marketing Director at YouTube and South African native”Founders of technology startups in Africa are uniquely placed to solve some of Africa’s most profound challenges and unlock its greatest opportunities. We see the foray of XA Network into Africa as a natural progression, allowing us to connect amazing founders to experienced and expert operators from the tech industry”, says Nitin Gajria, Co-Founder of XA Africa.
XA Africa aims to connect exceptional African tech founders with seasoned investors and industry experts, primarily from global and regional technology companies, to provide not just capital but also the guidance and support needed to scale their ventures. The newly established XA Africa has already made notable investments in promising African startups, including:
Crop2Cash (Nigeria)BuuPass (Kenya)Kaya (South Africa)Talamus Health (Ghana)”We are excited to have XA network on board because of their strong network of experts who are open to listening and helping. They’ve introduced us to advisors from Expedia and truly understand the dynamics of emerging markets, making them a valuable investor.” – Sonia Kabra & Wyclife Omondi – Founders of BuuPass
“Partnering with XA Network has been a game-changer for our company. Their strategic guidance and network have opened doors to new opportunities, and we’re excited to see the impact of our collaboration continue to unfold. We’re grateful for their trust in our vision.” – Michael Ogundare – CEO of Crop2Cash
Since its inception six years ago, XA Network has established itself as a significant player in the Southeast Asian startup ecosystem, making nearly 100 investments in the region, and consistent ranked as #1 investment network in the region. XA Network comprises senior leaders from prominent global and regional technology companies and notable company founders. This approach distinguishes XA Network, enabling it to offer portfolio companies unparalleled guidance and support from experienced industry operators.
We also see an opportunity to build a stronger bridge between ecosystems in Africa and Southeast Asia along the way. In fact, this investment hypothesis has already been proven across some of the African founders we are currently supporting.”, Mr Gajria added.
The XA Africa team will be hosting their first public Demo Day webinar on Thursday November 7, 1-2pm GMT+1, where Africa focused investors can meet and invest in four founding companies and learn more about XA Africa. Click here to register for the event.
For more information, please visit https://xanetwork.co/
For media queries, please contact: Carmelita Lumempouw-Didoné[email protected]
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Artificial Intelligence
Arta Finance partners with Abu Dhabi’s Wio Invest to launch Wealth-as-a-Service for banks globally, unveils Arta AI Copilot
MAS-licensed Arta Finance launches in Singapore and internationallyArta announces partnerships with Wio Invest for its Wealth-as-a-service offering for banks and financial institutions globallyArta unveils Arta AI Copilot – a number of AI-enhanced experiences on its wealth platformArta welcomes Ralph Hamers as external advisorSINGAPORE, Oct. 11, 2024 /PRNewswire/ — Fast-growing digital wealth management platform Arta Finance today launched globally. Arta’s platform is now open to accredited investors in Singapore and to international investors open to managing their wealth in Singapore – a global wealth hub where an expected 1.6 million offshore investors are expected to manage $4.8 trillion in assets by 2028. The international launch follows Arta’s successful debut in the US in October 2023.
Arta today also took a major step on its B2B journey with the announcement that Abu Dhabi’s Wio Invest would be the first of many to integrate the Arta wealth-as-a-service platform into their digital platform, to create a new wealth management offering for its clients in the Middle East, pending regulatory approval. Wio Invest, a forward-thinking Middle Eastern fintech, is regulated by the Securities and Commodities Authority (SCA) and backed by Abu Dhabi Development Company (ADQ), a prominent institution.
Arta’s wealth platform offers a curated deal flow that includes private investments from exclusive fund managers, intelligent public market strategies, and innovative structured products, without the sales pressure, opaque pricing and manual processes found in many other financial institutions.
Commenting on the international launch, Arta CEO Caesar Sengupta said: “Arta is at the intersection of some powerful trends, including the personalisation and democratisation of wealth management, the huge growth and opportunity in private market investing, and the use of AI to create capabilities that have previously only been the preserve of the ultra-wealthy. We are now taking a major leap forward with our international launch and can’t wait to bring the Arta wealth platform and AI Copilot to the global community in the months and years ahead.”
The ‘wealth-as-a-service’ platform for banks and financial institutions is a new B2B offering by Arta. It was done with support from the venture building team of the Singapore Economic Development Board (EDB), which worked closely with Arta to incubate this offering during the early stages of the concept. This cloud-based platform empowers partner banks to serve their clients better and meet evolving demands with faster time-to-market for innovative wealth management products, services, and technology. Banks can choose from integrating Arta AI Copilot capabilities, to embedding Arta’s investment solutions into their platforms, to fully white-labelling the Arta platform — enhancing their digital capabilities and unlocking growth in new wealth segments.
To help integrate a cloud and AI-native wealth platform into legacy systems at partner banks, Arta is also announcing partnerships with leading cloud provider Google Cloud and global management and technology consultancy Capco to provide solutions for banks looking to adopt Arta’s technology.
Amanda Ong, Head of International Expansion commented: “The launch of the B2B business is an extension of Arta’s mission, enabling us to partner with banks and financial institutions in a way that is wholly complementary to their current offering. We are proud to welcome Wio as our launch partner and look forward to growing together.”
AI drives leap in wealth tech
Arta also launched the first-of-its-kind AI Copilot, purpose-built for wealth management and finance. This patent-pending technology empowers Arta’s members to make smarter investment decisions – ideate, analyse, and monitor their portfolios with the tools and insights that usually require large teams of relationship managers, private bankers, and investment analysts.
Unlike commonly available AI chatbots or apps, Arta’s AI systems are purpose-built for applications in wealth and finance and exploit the reasoning capabilities of the latest large language models. Arta’s AI stack employs several models that work in conjunction with each other – including commercially available closed source models, fine-tuned open source LLMs and several custom built AI/ML models created by Arta’s researchers. These models have access to high-quality public and proprietary data including large financial and risk data sets for training and inference. This enables Arta to combine the fluency of LLMs with the time sensitivity, hard mathematical rigour and explainability necessary for investment and financial applications. Its AI stack, like the rest of Arta’s infrastructure, is highly privacy-preserving and uses encryption at rest and in transit for all user data.
Singapore Minister of State for Trade and Industry and MAS board member, Alvin Tan was on hand to help launch Arta in the City State, alongside investors, fund managers, partners, and clients. The company has established key functions in Singapore including engineering, marketing, product, design and operations and a number of its global leads including its CEO are based in Singapore.
Arta welcomes Ralph Hamers as external advisor
Arta also today welcomes Ralph Hamers as an external senior advisor, providing strategic guidance as the company grows internationally. Ralph Hamers is an advisor to established and new players in the global financial sector. He developed a special knowledge in digitalisation of processes and client offerings. Hamers previously was CEO with UBS and ING
Commenting on his role as senior advisor to Arta, Mr Hamers said:
“A central focus of my leadership has been to take legacy businesses and digitalise, integrating front-to-back technology to drive efficiencies and make the lives of clients and colleagues easier. This often needs major and multi-year transformations in well-established organisations. With Arta, I see the enormous opportunity of having incredibly smart people from the worlds of technology and finance coming together to build a platform that is more than ready to take its place amongst the world’s leading wealth managers.”
Mr. Hamers becomes part of a distinguished group of early investors in Arta, which includes more than 140 technology and finance leaders, such as ex-Google CEO Eric Schmidt and Mastercard CEO Michael Miebach.
The Arta wealth platform is now available globally to all accredited investors on desktop and mobile. Early members will get their first investment up to $100K managed free for life by Arta (terms and conditions apply). To learn more about Arta, please visit artafinance.com.
Important DisclosuresArta Wealth Management Pte. Ltd. (“Arta Finance”) is licensed by the Monetary Authority of Singapore (“MAS”) whose products and services are only available to Accredited Investors.
Investing in securities involves risk, and there is always the potential of losing money. Certain investments are not suitable for all investors. The content provided herein is for informational purposes only and is not investment or financial advice, tax or legal advice, an offer, solicitation of an offer, or advice to buy or sell or hold securities or investment products. This material has not been reviewed by the Monetary Authority of Singapore. For additional disclosures related to Arta Finance, please visit https://artafinance.com/sg/disclosures.
About Arta Finance:Founded by ex-Google executives, Arta Finance is a digital wealth platform for the savvy that enables more people to access the “financial superpowers” of the ultra-wealthy. The platform provides access to private market investments from elite fund managers, intelligent public market strategies and structured products, and sophisticated financial services such as insurance and estate planning. Headquartered in the US and Singapore, Arta serves its members directly as well as empowering partner financial institutions to expand wealth management to new clients. Arta is backed by Peak XV, Ribbit Capital, Coatue, EDBI, and over 140 luminaries in tech and finance.
Learn more at artafinance.com
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Artificial Intelligence
Supermicro Introduces New Servers and GPU Accelerated Systems with AMD EPYC™ 9005 Series CPUs and AMD Instinct™ MI325X GPUs for AI Ready Data Centers
New Supermicro Systems Enable Customers to Upgrade and Consolidate Data Centers for AI Workloads
SAN JOSE, Calif., Oct. 10, 2024 /PRNewswire/ — Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announces the launch of a new series of servers, GPU-accelerated systems, and storage servers featuring the AMD EPYC™ 9005 Series processors and AMD Instinct™ MI325X GPUs. The new H14 product line represents one of the most extensive server families in the industry, including Supermicro’s Hyper systems, the Twin multi-node servers, and AI inferencing GPU systems, all available with air or liquid cooling options. The new “Zen5” processor core architecture implements full data path AVX-512 vector instructions for CPU-based AI inference and provides 17% better instructions per cycle (IPC) than the previous 4th generation EPYC processor, enabling more performance per core.
Supermicro’s new H14 family uses the latest 5th Gen AMD EPYC processors which enable up to 192 cores per CPU with up to 500W TDP (thermal design power). Supermicro has designed new H14 systems including the Hyper and FlexTwin™ systems which can accommodate the higher thermal requirements. The H14 family also includes three systems for AI training and inference workloads supporting up to 10 GPUs which feature the AMD EPYC 9005 Series CPU as the host processor and two which support the AMD Instinct MI325X GPU.
“Supermicro’s H14 servers have 2.44X faster SPECrate®2017_fp_base performance1 using the EPYC 9005 64 core CPU as compared with Supermicro’s H11 systems using the second generation EPYC 7002 Series CPUs,” said Charles Liang, president and CEO, Supermicro. “This significant performance improvement allows customers to make their data centers more power efficient by reducing the total data center footprint by at least two-thirds2 while also adding new AI processing capabilities. The H14 server family provides the highest performance, density, and power efficiency available through Supermicro’s liquid and air-cooling options, wide selection of system designs, and proven Building Block Solutions.”
For more information about the Supermicro H14 family of products, please visit: www.supermicro.com/aplus
“Supermicro’s ‘Building Block Solutions’ has enabled it to consistently deliver time-to-market solutions powered by AMD across a variety of compelling system designs,” said Forrest Norrod, executive vice president and general manager, Data Center Solutions Group, AMD. “Our collaboration with Supermicro, along with their in-house engineering design and manufacturing capabilities worldwide combined with their rack-scale integration capability for both air and liquid-cooled systems enables customers of any scale to generate time-to-value from AMD EPYC CPUs and Instinct GPUs.”
Supermicro’s H14 server lineup consists of the following product families:
Hyper – Supermicro’s flagship enterprise server supports maximum performance from two EPYC 9005 CPUs with up to the maximum 192 cores per CPU at 500W and up to 9TB memory in 24 DIMM slots. With either a 1U chassis with up to 12 2.5″ NVMe/SATA bays or a 2U chassis with up to 24 2.5″ NVMe/SATA bays, the Hyper’s advanced cooling design accommodates the highest performance CPUs for use in demanding AI inference, enterprise or cloud workloads.
CloudDC – This versatile system is optimized for use in Cloud Data Centers and features a single EPYC 9005 CPU with up to 12 2.5″ NVMe/SATA drive bays in a 1U chassis. It’s designed using the OCP (Open Compute Platform) DC-MHS specification (Data Center Modular Hardware System) which ensures compatibility with OCP standards.
GrandTwin™ – The GrandTwin is a 4-node compute platform using single EPYC 9005 CPU in a very dense 2U form-factor. This system is often used in multi-server cluster applications such as object storage, virtualization, and HPC applications.
FlexTwin™ – The FlexTwin is a 2U 4-node high-performance high-density compute system with dual EPYC 9005 CPUs per node. The advanced liquid-cooling provides high power efficiency and allows the operation of the highest performance EPYC 9005 CPUs for use in HPC, EDA and other demanding workloads.
5U GPU System – Supermicro’s EPYC CPU-based 5U PCIe GPU system supports up to 10 double-width accelerators for design and visualization applications.
4U GPU System (Liquid Cooled) – This highly dense EPYC CPU-based 8-way accelerators platform supports OAM accelerators in the most compact 4U form-factor using advanced liquid-cooling. It is designed for high-performance AI and HPC applications.
8U GPU System – This 8-way accelerator system uses the AMD Instinct MI325X GPU along with the EPYC 9005 CPU for large-scale LLM AI training. The 8U chassis allows deployment in any air-cooled data center.
Supermicro H14 products with AMD EPYC CPUs are available for customer testing today through Supermicro’s JumpStart program.
Supermicro will present the new H14 solutions at the AMD Advancing AI Day on October 10, 2024, at the San Francisco Moscone Center.
1SPECrate®2017_fp_base of 485 using the Supermicro A+ Server 2023US-TR4 and two AMD EPYC 7702 64 core CPUs (https://www.spec.org/cpu2017/results/res2020q1/cpu2017-20200204-20866.html retrieved October 2, 2024) compared with SPECrate®2017_fp_base of 1670 using the Supermicro AS-2126HS-TN and two AMD EPYC 9555 64 core CPUs. Results of the AS-2126HS-TN with the 9555 CPU to be published on www.spec.org/cpu2017/results on October 10, 2024.
2Based on the SPECrate®2017_fp_base comparison in footnote (1), reduction in number of systems using the AS-2126HS-TN with the 9555 CPU vs. 2023US-TR4 with the 7702 CPU is 70.9%.
About Super Micro Computer, Inc. Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first-to-market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro’s motherboard, power, and chassis design expertise further enables our development and production, enabling next-generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).
Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.
All other brands, names, and trademarks are the property of their respective owners.
AMD, the AMD Arrow logo, AMD Instinct, EPYC, and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.
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