Artificial Intelligence

Global Mobile Artificial Intelligence (AI) Market to Reach $39.7 Billion by 2027

Published

3 years ago

October 4, 2021

New York, Oct. 04, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Mobile Artificial Intelligence (AI) Industry” – https://www.reportlinker.com/p06032241/?utm_source=GNW
2 Billion in the year 2020, is projected to reach a revised size of US$39.7 Billion by 2027, growing at a CAGR of 25.4% over the analysis period 2020-2027. 5-10 nm, one of the segments analyzed in the report, is projected to record a 25.2% CAGR and reach US$19.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 11-20 nm segment is readjusted to a revised 26.7% CAGR for the next 7-year period.
– The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 24.8% CAGR
– The Mobile Artificial Intelligence (AI) market in the U.S. is estimated at US$2.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.9 Billion by the year 2027 trailing a CAGR of 24.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23% and 21.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17.7% CAGR.
– Above 20 nm Segment to Record 23.8% CAGR
– In the global Above 20 nm segment, USA, Canada, Japan, China and Europe will drive the 23.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.2 Billion in the year 2020 will reach a projected size of US$5.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.7 Billion by the year 2027.

– Select Competitors (Total 38 Featured) –

Alphabet Inc. (Google)
Apple
Facebook, Inc.
Hailo
Huawei Technologies Co., Ltd.
IBM
Imagimob AB
Intel Corporation
MediaTek Inc.
Microsoft
NVIDIA
Qualcomm, Inc.
Samsung Electronics

Read the full report: https://www.reportlinker.com/p06032241/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 2: World 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Geographic Region – Percentage Breakdown
of Value Sales for USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets for Years 2020 & 2027

Table 3: World Current & Future Analysis for 5-10 nm by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 4: World 7-Year Perspective for 5-10 nm by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 5: World Current & Future Analysis for 11-20 nm by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 6: World 7-Year Perspective for 11-20 nm by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 7: World Current & Future Analysis for Above 20 nm by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 8: World 7-Year Perspective for Above 20 nm by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 9: World Current & Future Analysis for Smartphones by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 10: World 7-Year Perspective for Smartphones by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 11: World Current & Future Analysis for Cameras by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 12: World 7-Year Perspective for Cameras by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 13: World Current & Future Analysis for Drones by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 14: World 7-Year Perspective for Drones by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 15: World Current & Future Analysis for Automotive by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 16: World 7-Year Perspective for Automotive by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 17: World Current & Future Analysis for Robots by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 18: World 7-Year Perspective for Robots by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 19: World Current & Future Analysis for Other
Applications by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR

Table 20: World 7-Year Perspective for Other Applications by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Table 21: USA Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Technology Node – 5-10 nm, 11-20 nm and
Above 20 nm – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR

Table 22: USA 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Technology Node – Percentage Breakdown of
Value Sales for 5-10 nm, 11-20 nm and Above 20 nm for the Years
2020 & 2027

Table 23: USA Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Application – Smartphones, Cameras,
Drones, Automotive, Robots and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 24: USA 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Application – Percentage Breakdown of
Value Sales for Smartphones, Cameras, Drones, Automotive,
Robots and Other Applications for the Years 2020 & 2027

CANADA
Table 25: Canada Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Technology Node – 5-10 nm,
11-20 nm and Above 20 nm – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 26: Canada 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Technology Node – Percentage Breakdown of
Value Sales for 5-10 nm, 11-20 nm and Above 20 nm for the Years
2020 & 2027

Table 27: Canada Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Application – Smartphones,
Cameras, Drones, Automotive, Robots and Other Applications –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 28: Canada 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Application – Percentage Breakdown of
Value Sales for Smartphones, Cameras, Drones, Automotive,
Robots and Other Applications for the Years 2020 & 2027

JAPAN
Table 29: Japan Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Technology Node – 5-10 nm, 11-20 nm and
Above 20 nm – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR

Table 30: Japan 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Technology Node – Percentage Breakdown of
Value Sales for 5-10 nm, 11-20 nm and Above 20 nm for the Years
2020 & 2027

Table 31: Japan Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Application – Smartphones, Cameras,
Drones, Automotive, Robots and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 32: Japan 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Application – Percentage Breakdown of
Value Sales for Smartphones, Cameras, Drones, Automotive,
Robots and Other Applications for the Years 2020 & 2027

CHINA
Table 33: China Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Technology Node – 5-10 nm, 11-20 nm and
Above 20 nm – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR

Table 34: China 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Technology Node – Percentage Breakdown of
Value Sales for 5-10 nm, 11-20 nm and Above 20 nm for the Years
2020 & 2027

Table 35: China Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Application – Smartphones, Cameras,
Drones, Automotive, Robots and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 36: China 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Application – Percentage Breakdown of
Value Sales for Smartphones, Cameras, Drones, Automotive,
Robots and Other Applications for the Years 2020 & 2027

EUROPE
Table 37: Europe Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Geographic Region – France,
Germany, Italy, UK and Rest of Europe Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR

Table 38: Europe 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Geographic Region – Percentage Breakdown
of Value Sales for France, Germany, Italy, UK and Rest of
Europe Markets for Years 2020 & 2027

Table 39: Europe Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Technology Node – 5-10 nm,
11-20 nm and Above 20 nm – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 40: Europe 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Technology Node – Percentage Breakdown of
Value Sales for 5-10 nm, 11-20 nm and Above 20 nm for the Years
2020 & 2027

Table 41: Europe Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Application – Smartphones,
Cameras, Drones, Automotive, Robots and Other Applications –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 42: Europe 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Application – Percentage Breakdown of
Value Sales for Smartphones, Cameras, Drones, Automotive,
Robots and Other Applications for the Years 2020 & 2027

FRANCE
Table 43: France Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Technology Node – 5-10 nm,
11-20 nm and Above 20 nm – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 44: France 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Technology Node – Percentage Breakdown of
Value Sales for 5-10 nm, 11-20 nm and Above 20 nm for the Years
2020 & 2027

Table 45: France Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Application – Smartphones,
Cameras, Drones, Automotive, Robots and Other Applications –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 46: France 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Application – Percentage Breakdown of
Value Sales for Smartphones, Cameras, Drones, Automotive,
Robots and Other Applications for the Years 2020 & 2027

GERMANY
Table 47: Germany Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Technology Node – 5-10 nm,
11-20 nm and Above 20 nm – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 48: Germany 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Technology Node – Percentage Breakdown of
Value Sales for 5-10 nm, 11-20 nm and Above 20 nm for the Years
2020 & 2027

Table 49: Germany Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Application – Smartphones,
Cameras, Drones, Automotive, Robots and Other Applications –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 50: Germany 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Application – Percentage Breakdown of
Value Sales for Smartphones, Cameras, Drones, Automotive,
Robots and Other Applications for the Years 2020 & 2027

ITALY
Table 51: Italy Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Technology Node – 5-10 nm, 11-20 nm and
Above 20 nm – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR

Table 52: Italy 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Technology Node – Percentage Breakdown of
Value Sales for 5-10 nm, 11-20 nm and Above 20 nm for the Years
2020 & 2027

Table 53: Italy Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Application – Smartphones, Cameras,
Drones, Automotive, Robots and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 54: Italy 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Application – Percentage Breakdown of
Value Sales for Smartphones, Cameras, Drones, Automotive,
Robots and Other Applications for the Years 2020 & 2027

UNITED KINGDOM
Table 55: UK Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Technology Node – 5-10 nm, 11-20 nm and
Above 20 nm – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR

Table 56: UK 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Technology Node – Percentage Breakdown of
Value Sales for 5-10 nm, 11-20 nm and Above 20 nm for the Years
2020 & 2027

Table 57: UK Current & Future Analysis for Mobile Artificial
Intelligence (AI) by Application – Smartphones, Cameras,
Drones, Automotive, Robots and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 58: UK 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Application – Percentage Breakdown of
Value Sales for Smartphones, Cameras, Drones, Automotive,
Robots and Other Applications for the Years 2020 & 2027

REST OF EUROPE
Table 59: Rest of Europe Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Technology Node – 5-10 nm,
11-20 nm and Above 20 nm – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 60: Rest of Europe 7-Year Perspective for Mobile
Artificial Intelligence (AI) by Technology Node – Percentage
Breakdown of Value Sales for 5-10 nm, 11-20 nm and Above 20 nm
for the Years 2020 & 2027

Table 61: Rest of Europe Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Application – Smartphones,
Cameras, Drones, Automotive, Robots and Other Applications –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 62: Rest of Europe 7-Year Perspective for Mobile
Artificial Intelligence (AI) by Application – Percentage
Breakdown of Value Sales for Smartphones, Cameras, Drones,
Automotive, Robots and Other Applications for the Years 2020 &
2027

ASIA-PACIFIC
Table 63: Asia-Pacific Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Technology Node – 5-10 nm,
11-20 nm and Above 20 nm – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 64: Asia-Pacific 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Technology Node – Percentage Breakdown of
Value Sales for 5-10 nm, 11-20 nm and Above 20 nm for the Years
2020 & 2027

Table 65: Asia-Pacific Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Application – Smartphones,
Cameras, Drones, Automotive, Robots and Other Applications –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 66: Asia-Pacific 7-Year Perspective for Mobile Artificial
Intelligence (AI) by Application – Percentage Breakdown of
Value Sales for Smartphones, Cameras, Drones, Automotive,
Robots and Other Applications for the Years 2020 & 2027

REST OF WORLD
Table 67: Rest of World Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Technology Node – 5-10 nm,
11-20 nm and Above 20 nm – Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 68: Rest of World 7-Year Perspective for Mobile
Artificial Intelligence (AI) by Technology Node – Percentage
Breakdown of Value Sales for 5-10 nm, 11-20 nm and Above 20 nm
for the Years 2020 & 2027

Table 69: Rest of World Current & Future Analysis for Mobile
Artificial Intelligence (AI) by Application – Smartphones,
Cameras, Drones, Automotive, Robots and Other Applications –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 70: Rest of World 7-Year Perspective for Mobile
Artificial Intelligence (AI) by Application – Percentage
Breakdown of Value Sales for Smartphones, Cameras, Drones,
Automotive, Robots and Other Applications for the Years 2020 &
2027

IV. COMPETITION
Total Companies Profiled: 38
Read the full report: https://www.reportlinker.com/p06032241/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________

Related Topics:AI Artificial Intelligence Machine learning

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Artificial Intelligence

Titans of Tech: GP Bullhound releases its annual report on the European tech ecosystem

Published

1 hour ago

May 24, 2024

CISION (PR Newswire)

titans-of-tech:-gp-bullhound-releases-its-annual-report-on-the-european-tech-ecosystem

LONDON, May 24, 2024 /PRNewswire/ — Titans of Tech: Unrivalled era of A.I. led innovation for European Tech – No more excuses. GP Bullhound is proud to announce the release of its Titans of Tech 2024 report. For the tenth year in a row, GP Bullhound has released its annual Titans of Tech report, highlighting and analysing the growth trends in Europe’s tech ecosystem. This comprehensive analysis underscores the resilience and growth of Europe’s tech sector, setting the stage for a new era of innovation and investment.

Key takeaways from our report include:
The funding frenzy is over, but the new normal is very healthy: Funding levels have normalised, averaging €15Bn per quarter over the last year, which is ~50% higher than 2019.The value of the ecosystem is growing despite the failures: 14 new unicorns were created in the last 12 months. Europe and Israel now have 323 unicorns, up from 311 a year ago and 283 the year before. The ecosystem’s total valuation has grown to $1.2Tr, an ~11x increase in billion-dollar companies and a ~14x increase in aggregate valuation since our first report in 2014.Megarounds are fewer but larger and still accessible: Access to capital rounds exceeding $50 million has tightened, but investors remain interested in supporting innovators. The deal count dropped 68% over the last two years due to a focus on profitability and conservative planning. Only 17% of European unicorns raised capital in 2023, as 93% had already raised funds during the 2021-2022 bull market.Software innovation continues, shaping the way we live and work: Despite funding challenges, technological developments, especially in artificial intelligence, continue to drive automation and cost savings. European AI companies received over €11Bn in funding in the last year, with 36% of new unicorns being AI/ML businesses.Category leaders and geographies: This year, the UK and France lead the startup arena with three unicorns each. The UK’s unicorns are valued at $3.4Bn, with significant contributions from AI leaders Synthesia and Builder.ai. France’s trio reaches a collective valuation of $7Bn, highlighted by innovators like Mistral AI. Germany, Israel, and the Netherlands each added two unicorns, while Sweden and Italy added one unicorn each.Europe’s most promising startups: GP Bullhound has analysed more than 100 European startups for scale, velocity, and sentiment, and ranked the top 50 companies with the most potential to become one-billion-dollar companies. The top 10 include Agicap, Brevo, Typeform, Homa, AMBOSS, Akeneo, Form3, Flo Health, Aidoc, and ConnexOne.Manish Madhvani, Managing Partner at GP Bullhound, said: “After ten years of issuing our Titans of Tech report, we have witnessed the highs and lows of the European tech ecosystem. A year ago, the situation was less encouraging for the fundraising environment, with macro uncertainty and with businesses more focused on layoffs than on growth and innovation.
Today, against the backdrop of negative headlines, we have cemented the building blocks for the next wave of innovation. Funding levels have stabilised, and are amazingly 50% higher than pre bull market levels. With Europe’s maturing base of engineering talent and the world’s fascination in its potential productivity gains, artificial intelligence offers a unique opportunity to create global leaders in record time. There is no shortage of funding for the best entrepreneurs and companies, as evidenced by the record $220m seed round for Paris based H announced this week. What was noticeable about the round was the range of the investor syndicate : from strategics such as Amazon, Samsung and UI Path, household names such as Bernard Arnault, Eric Schmidt and Xavier Niel, and leading VC’s.Looking ahead, we expect the next few years to represent an era of unprecedented innovation in the European ecosystem. Innovation is flowing, vast amounts of capital are available for the strong and the talent pool is expanding. No more excuses Europe!”
Expert interviewsWhat does it take to build a billion-dollar company? What are the critical success factors for European tech? How to remain resilient in a challenging market and benefit from economic downturns? This year’s report features expert views from leading founders and CEOs, including Synthesia, Quantexa, SEON, Flo Health, Zappi and CoverManager.
Download full report: www.gpbullhound.com/articles/titans-of-tech-2024
EnquiriesFor enquiries, please contact: [email protected]
About GP BullhoundGP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 12 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.
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Artificial Intelligence

Bybit Web3 Announces Upcoming IDO for Aperture Finance, Simplifying Web3 Finance

Published

1 hour ago

May 24, 2024

CISION (PR Newswire)

bybit-web3-announces-upcoming-ido-for-aperture-finance,-simplifying-web3-finance

DUBAI, UAE, May 24, 2024 /PRNewswire/ — Bybit Web3, the Web3 division of Bybit – one of the top three global crypto exchanges by trading volume, today announced an upcoming Initial DEX Offering (IDO) for Aperture Finance ($APTR) on its Web3 platform.

“Bybit Web3 is thrilled to be partnering with Aperture Finance to bring their innovative IDO to our platform,” said Emily Bao, Bybit Web3 Evangelist. “Aperture Finance’s AI-powered solutions have the potential to revolutionize DeFi by simplifying complex transactions and making Web3 finance more accessible to a wider audience. We believe this IDO will be a great opportunity for our users to get involved in this groundbreaking project early on.”
Aperture Finance: Simplifying the complexities of Web3 finance
Aperture Finance is a pioneer in AI-powered intents. Featuring an IntentsGPT interface and an AI-driven smart solver simulation, Aperture’s solver network significantly reduces barriers for DeFi users and enhances transaction efficiency.
IDO Details
IDO Subscription Period: May 24, 2024, 10AM UTC to May 28, 2024, 10AM UTCSnap Period: May 28, 2024, 10AM UTC to May 31, 2024, 10AM UTCReveal and Purchase Period: May 31, 2024, 10:15AM UTC to June 1, 2024, 10AM UTCListing Date: May 31, 2024, 10AM UTCToken Details
Token: APTRTotal Supply: 1,000,000,000Total Allocated to Bybit IDO: 6,666,667 APTREligibility Requirements
Users must hold a Bybit Wallet with a minimum balance of 300 USDT (Arbitrum Chain) throughout the Snapshot Period to participate in the IDO.Three (3) snapshots will be taken daily during the Snapshot Period.Maximum number of winners: 3,000For detailed information on the IDO process and eligibility requirements, please visit the Bybit Web3 page: https://www.bybit.com/en/web3/ido
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 1 million wallet users, over 10 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 30 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit, please visit Bybit Web3.
About Bybit
Bybit is one of the world’s top three crypto exchanges by trading volume with 30 million users. Established in 2018, it offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.For media inquiries, please contact: [email protected] more information, please visit: https://www.bybit.comFor updates, please follow: Bybit’s Communities and Social Media
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Artificial Intelligence

Northern Data Group’s Peak Mining, announces purchase of a second 300MW data center location in Corpus Christi, Texas

Published

1 hour ago

May 24, 2024

CISION (PR Newswire)

The location expands on an adjacent 300MW site, purchased in December 2023 The site comes with an ERCOT-approved interconnect of 300MWConstruction already underway, with long-lead time items secured and energization scheduled for early 2025FRANKFURT, May 24, 2024 /PRNewswire/ — Peak Mining, part of the Northern Data Group, announces the purchase of a second 300MW ERCOT-approved site in Corpus Christi, Texas. The location is adjacent to the 300MW mining facility that is already under construction. The site also provides energy in the attractive low-cost power zone of Load Zone South of the ERCOT grid, known for its abundance of renewable (wind) energy.

The investment represents a significant step forward in Northern Data Group’s investment strategy, cementing expansion plans well beyond the current 2024 financial year.
The new site enables Peak Mining to accelerate its expansion plans to become one of the largest bitcoin miners globally. The company will be deploying indoor, custom-designed, fully-integrated and liquid-cooled HPC data center systems to drastically improve deployment time and infrastructure cost, bringing Peak Mining to a leading position in the industry and preparing it for the future of HPC compute.
Saxet Infrastructure Group (“Saxet”) will act as construction manager for the design, build and energization of the substation. The Saxet team brings a strong track record of project management and deep expertise with the construction of HPC infrastructure.
Niek Beudeker, Managing Director, Peak Mining, commented: “The purchase of this second large site will significantly shorten our time to hashing and kick off one of the fastest mining expansions globally. We now have almost 700MW of sites in active development, that when fully fitted with our latest-generation hardware, could potentially provide up to 40EH of hash rate.”
Aroosh Thillainathan, Northern Data Group’s Chief Executive Officer, commented:”This second data center location demonstrates how Northern Data Group is able to harness the power and opportunity of HPC. Sustainability has been at the core of this further expansion into the US and thanks to the center’s ERCOT approved status, we will be able to scale our operations at speed, as the demand for digital assets continues to grow.”
Steven Quisenberry, Chief Executive Officer at Saxet Infrastructure Group, commented: We are excited to support Northern Data Group’s expansion in the ERCOT market and specifically to welcome them to the Corpus Christi area. The combination of base load industrial demand and significant renewable resources creates a unique opportunity for their portfolio. This is a terrific example of one of the largest, most advanced liquid cooled data centers in North America and we are proud to partner with Northern Data Group to bring their data center online.
Northern Data Group was advised on the transaction by Katten Muchin Rosenman LLP (Legal Counsel) and BitOoda Technologies LLC.
About Peak MiningPeak Mining, part of the Northern Data Group, is powering the future of the blockchain network. We deliver industry-leading operating and energy efficiency in bitcoin mining through the latest hardware alongside innovative technology and infrastructure. With our mining heritage dating back to 2013, we’ve been innovating for over a decade and have been at the forefront of the industry ever since. Our high-quality infrastructure is purpose-built to power the mining network, and we’re driven to continuously find new efficiencies driving value for our investors. We’re delivering long term value in more responsible ways.
About Northern Data GroupNorthern Data Group (ETR: NB2) is a leading provider of High Performance Computing (HPC) solutions to businesses and research institutions, utilizing GPU- and ASIC-based solutions. Our flexible compute power fuels innovation in our three core business divisons: Taiga Cloud, Ardent Data Centers, and Peak Mining. Through our HPC solutions, we pioneer ambitious computing innovation that drives progress in the AI, ML and Generative AI industries. Our close collaboration with industry-leading manufacturers including Gigabyte, AMD, and NVIDIA is fundamental to the acceleration of innovation across sectors including life sciences, financial services, and energy.

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