Artificial Intelligence
Webtel.mobi is Introducing the World’s First Unified and Global Personal Emergency Service and Disaster Warning Service – Free
ST PETER PORT, Guernsey and NEW YORK, Oct. 27, 2021 (GLOBE NEWSWIRE) — Although the Global Telephony Provider Webtel.mobi (“WM”) is most widely known as the company that developed the world’s first Globally Valid Digital Currency (the “TUV”) and Global Clearing System, it remains at its core a Telephony Company.
Moreover, WM’s Artificial Intelligence Complex Adaptive System – the system enabling its Telephony Products to be used in a Dual-Use capacity to facilitate the Global Digital Currency and Global Clearing System – provides just as much additional capacity to its Telecommunications services.
As part of its Global Community Support activities, WM has developed two emergency services it will introduce in 2022. They are:
- The “Personal Emergency” Service – an Personal Emergency Request for Assistance.
- The “Global Emergency” Service – a Natural Disaster Early-Warning Service.
Top-level details of these services, how they function and can be accessed are as follow:
PERSONAL EMERGENCY SERVICE
Background
Every year, many people lose their lives or are injured, harmed, or go missing due to varying types of personal emergencies they find themselves in, and where they do not receive assistance in time. The types of personal emergency situations that can arise are legion, but some of the more well-known ones include:
- Women who are alone, or with children, in vulnerable or dangerous situations.
- Children who are in vulnerable situations or who are lost
- People on adventure or other trips who find themselves trapped, lost or injured
- People who are experiencing severe depression who are contemplating precipitous actions
- Many other situations of personal distress or emergency
In many of these cases, the situation could have been rectified if the persons involved had a means to immediately inform a wide range of family, friends, acquaintances or emergency services of their Personal Emergency situation, request assistance, and provide an indication of where they were. WM’s Personal Emergency System has been created to provide this possibility to people in distress, or, in a situation of Personal Emergency.
How this Facility functions
Members of WM and its Affiliates (“VSMPs”) access the “Personal Emergency” facility in their WM or VSMP accounts and select all the “Contacts” they want to inform or request assistance from when they experience a Personal Emergency. Once they have completed this setup, other than the “Personal Emergency” Facility link in their Accounts, another “Immediate Emergency” link will also appear. When encountering a Personal Emergency, WM or VSMP Members need only click on the “Personal Emergency” or “Immediate Emergency” links (see the difference in function in the next paragraphs). A Personal Emergency Request for Assistance text will then be immediately sent to all persons and/or entities they selected to receive it, together with a clickable link to an online site enabling tracking and positioning of the sender’s Mobile Phone
How it functions – When there is some time available
If a person is in a situation of Personal Emergency, but there is some time (minutes) before the onset of the Personal Emergency, they go to the Personal Emergency Facility in their WM or VSMP Accounts, type in whatever message is appropriate for their situation, and then click the “Send” button. The Personal Emergency Request for Assistance message they have written will then immediately be sent, simultaneously, to their entire list of selected recipients, together with the “track me here” link to enable online positioning and tracking of the sender’s Mobile Phone.
How it functions – When there is no time available
If a person is in a situation of dire Personal Emergency, and there is no time to write anything at all, the person simply clicks on the “Immediate Emergency” link on the menu of their WM or VSMP Account, and the Personal Emergency Request for Assistance – which Members will be prompted to pre-write and insert when they set up this part of their account – will then immediately be sent, simultaneously, to their entire list of selected recipients, together with the “track me here” link to enable online positioning and tracking of the sender’s Mobile Phone.
Cost to Access and Use
The cost to access and use this Facility is zero. This is a Global Community Service. As such, it is a Free Service. Joining WM or one of its Affiliates is also free. People do not have to use the other WM Facilities to be able to join for free and utilize the Global Emergency Service for free.
Status
This Facility is already built within the WM system. It will undergo final testing, and then be made globally available, in early 2022.
Objective
The objective is to save lives and prevent harm or injury coming to people in vulnerable situations whenever possible. The best way to do this in the case of Personal Emergencies is to enable people in distress to inform a wide range of other people who care, and who can assist, of their Personal Emergency and of their location – so relevant assistance can be provided as soon as possible.
GLOBAL EMERGENCY SERVICE
Background
Every year, many people unnecessarily lose their lives, or are injured, in natural disasters such as tsunamis, tornadoes, hurricanes and similar events because they did not receive – or did not hear – adequate warning of the impending event. To ameliorate this situation, WM has developed a service that sends texts messages to people anywhere in the world warning them of the impending disaster, and encouraging them to take shelter. This ensures the warning messages get directly to people in time to warn them – whether they are resident in an area or there on holiday or business. This service functions from a central point at WM, but is able to reach virtually every mobile phone in every country of the world. The service will be accessible to all Members of WM or any one of its Affiliates (“VSMPs”).
How it functions – For Residents of an Area in Danger
Members of WM and/or its Affiliates (“VSMPs”), will just need to go to the “Global Emergency Service” Facility page in their WM or Accounts, tick a box to confirm they want to receive early warning by text in the event of an impending natural disaster, and confirm the area in which they are resident. In the event of an impending natural disaster, the WM System will automatically send them a warning text if they are in the area of danger, warning them of the impending natural disaster event, and encouraging them to seek shelter.
How it functions – For Visitors to an Area in Danger
For persons not resident in an area of danger, but who are temporarily visiting it on vacation or on business, all they have to do is to go to the Global Emergency System Facility page in their WM or VSMP Accounts, tick a box to confirm they want to receive an early warning by text in the event of an impending natural disaster, insert the area they will be visiting and the amount of time they will be there for. In the event of an impending natural disaster in that area, the WM System will automatically send them the warning Text – regardless of what country their Mobile Phone is registered in or from.
Cost to Access and Use
The cost to access and use this Facility is zero. This is a Global Community Service. As such, it is a Free Service. Joining WM or one of its Affiliates is also free. People do not have to use the other WM Facilities to be able to join for free and utilize the Global Emergency Service for free.
Status
This Facility is already built within the WM system. During the first half of 2022, WM will seek to integrate its systems via API with relevant warning organizations such as the NOAA’s Tsunami Warning Systems and Storm Prediction System in the US, and with similar warning systems in other countries. It will also implement systems for warnings to be transmitted to WM by other means.
Objective
The objective is to save lives and prevent injury wherever possible. The best way to do this in the case of impending natural disasters is by providing a timely warning to people in danger. A warning system of this nature functioning on a Global Basis – with the capacity to simultaneously give warning to both residents and visitors, in and from all countries worldwide – has not yet existed or been able to be set up until now, but WM’s advanced systems now make it possible.
CONCLUSION
WM’s 21st Century System has provided it with unique capacities in respect of its global commercial operations – especially its Global Digital Currency and Global Clearing System. However, with Global Capacities also come Global Responsibilities – if a company is to be a responsible member of a Global Community. These Personal Emergency and Global Emergency Systems form part of WM’s Global Social Responsibility activities, designed to be of benefit and assistance to the Global Community of people.
Resources:
Media Contact:
Nick Lambert: [email protected]
The TEL.mobi Group Global Alliance of Affiliates (“VSMPs”):
https://webtel.mobi/pc/info/tmg-global-alliance/
Comments on the WM System’s Telephony Capacities by Frost & Sullivan:
https://www.youtube.com/watch?v=PO3BjgBKR3E
Comments on the WM System’s Global Digital Currency and Clearing System by Professor Jan Kregel:
https://youtu.be/XYBrCikUhn8
Research Papers on WM’s Global Clearing System and TUV Digital Currency:
Media Articles on WM:
https://webtel.mobi/info/current-media/
Characteristics of WM’s TUV Digital Currency:
https://webtel.mobi/info/tuv-characteristics
WM’s urls:
https://webtel.mobi/pc (Tablets / Laptops / Desktops)
https://webtel.mobi (Smart Phones)
https://webtel.mobi/wap (Pre-Smart Mobile Phones)
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/68feb8e6-7737-4107-a937-8b442bd3c818
https://www.globenewswire.com/NewsRoom/AttachmentNg/1903e5fa-98be-40e1-8926-3c8e227b4244
The photos are also available at Newscom, www.newscom.com, and via AP PhotoExpress.
Artificial Intelligence
UK Data Center Market to Reach Investment of $10.13 Billion by 2029, Get Insights on 200 Existing Data Centers and 40 Upcoming Facilities across the UK – Arizton
CHICAGO, April 16, 2024 /PRNewswire/ — According to Arizton’s latest research report, the UK data center market is growing at a CAGR of 2.37% during 2023-2029.
To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/uk-data-center-market-investment-analysis
The UK Data Center Market Report Scope
Report Scope
Details
Market Size (Investment)
USD 10.13 Billion (2029)
Market Size (Area)
955 Thousand Sq. Feet (2029)
Market Size (Power Capacity)
183 MW (2029)
CAGR: Investment (2023-2029)
2.37 %
Colocation Market Size (Revenue)
USD 5 Billion (2029)
Historic Year
2020-2022
Base Year
2023
Forecast Year
2024-2029
The UK data center market is poised for substantial growth, largely propelled by the expanding presence of Artificial Intelligence (AI) technologies across industries. Projections suggest that by 2040, an estimated one million businesses throughout the UK will have integrated AI-driven solutions into their operations. According to the Global Innovation Index 2023, the UK was ranked fourth out of 211 countries.
Key Insights
The growth of the UK data center market is fueled by investments from colocation data center operators including key players such as Equinix, VIRTUS Data Centres, Digital Realty, and Ark Data CentresMajor cloud service providers, such as AWS, Microsoft, and Google, are actively expanding their data center infrastructure in the UK. Investments and expansion initiatives by these providers align with the growing demand for cloud services.Countries including Manchester, Berkshire, and West Sussex are witnessing investments in data center facilities. Sustainability efforts such as the use of hydrotreated vegetable oil (HVO) by Datum Datacentres are prevalent across counties.The UK government has launched initiatives such as the Wireless Infrastructure Strategy, which is aiming to increase wireless network connectivity by 2030. The Digital Strategy, launched by the UK government, outlines a holistic approach to digital policy across critical domains, emphasizing the country’s commitment to digital technology.Investment Opportunities
Within the Western European region, the UK represents approximately 20% of the total data center investments. This can be attributed to the growing internet penetration and the extensive adoption of cloud-based services across various sectors within the country.The significance of the UK in submarine cable connectivity is underscored by its 56 submarine cables, linking the country to key regions such as the US, Europe, Africa, the Middle East, and Asia. The notable submarine cables include Apollo, BT-MT-1, Circe South, ESAT-1, Europe India Gateway, and NO-UK. The upcoming submarine cables, namely 2Africa, Amitie, and BT North Sea, are poised to strengthen the UK’s global connectivity further.The strategic rollout of 5G network connectivity is a key focus in the UK, spearheaded by major telecom operators, including EE, Vodafone, Ericsson, Three UK, and O2. Complementing these efforts, the UK government has initiated projects such as 5G Logistics, 5G Ports, Smart Junctions 5G, AMC2, 5G CAL, 5G Factory of The Future, and 5GEM-UK.In May 2023, Kao Data unveiled its plans to construct a 40 MW data center in Manchester’s Kenwood Point for a projected investment of $440 million; the facility is set to go live in late 2025. The strategic move into Manchester aligns with Kao Data’s commitment to advancing the region’s computing capabilities and supporting the aspirations of the UK government.In April 2023, Equinix planned to develop a 30 MW data center facility in Slough Trading Estate in Berkshire, outside London. It is a five-story building with two data halls on each floor.In April 2023, Vantage Data Centers announced the development of a second data center campus, LHR2, in West London, with an investment of around $310 million. The LHR1 data center campus, with a total area of 40,000 square feet and two 24 MW multi-story data centers, is expected to be online by 2024.To Know More, Click: https://www.arizton.com/market-reports/uk-data-center-market-investment-analysis
Existing VS Upcoming Data Centers
Existing Facilities in the Region (Area and Power Capacity)
Greater LondonBerkshireGreater ManchesterOther CountiesList of Upcoming Facilities in the Region (Area and Power Capacity)
Why Should You Buy this Research?
Market size is available in the investment, area, power capacity, and UK colocation market revenue.An assessment of the data center investment in the UK by colocation and enterprise operators.Investments in the area (square feet) and power capacity (MW) across locations in the country.A detailed study of the existing UK data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in the UKFacilities Covered (Existing): 200Facilities Identified (Upcoming): 40Coverage: 30+ LocationsExisting vs. Upcoming (Area)Existing vs. Upcoming (IT Load Capacity)Data Center Colocation Market in the UKMarket Revenue & Forecast (2023-2029)Retail & Wholesale Colocation PricingThe UK data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the industry.The Report Includes the Investment in the Following Areas:
IT InfrastructureServersStorage SystemsNetwork InfrastructureElectrical InfrastructureUPS SystemsGeneratorsTransfer Switches & SwitchgearsPDUsOther Electrical InfrastructureMechanical InfrastructureCooling SystemsRacksOther Mechanical InfrastructureCooling SystemsCRAC & CRAH UnitsChiller UnitsCooling Towers, Condensers & Dry CoolersEconomizers & Evaporative CoolersOther Cooling UnitsGeneral ConstructionCore & Shell DevelopmentInstallation & Commissioning ServicesEngineering & Building DesignFire Detection & Suppression SystemsPhysical SecurityData Center Infrastructure Management (DCIM)Tier StandardTier I & Tier IITier IIITier IVGeographyGreater LondonOther CountiesVendor Landscape
IT Infrastructure Providers
Arista NetworksAtosBroadcomCisco SystemsDell TechnologiesFujitsuHewlett Packard EnterpriseHuawei TechnologiesIBMJuniper NetworksLenovoNetAppData Center Construction Contractors & Sub-Contractors
2bmAECOMArupARC:MCAtkinsBladeRoom Data CentresBouygues ConstructionDeernsFuture-techHDR ArchitectureINFINITIISGJCA EngineeringKirby Engineering GroupKMG PartnershipMaceMercury EngineeringMiCiMstudioNWAOakmont ConstructionSweet ProjectsREDSPIE UKSkanskaSTO Building GroupSudlowsTTSPWaldeckSupport Infrastructure Providers
ABBAiredale International Air ConditioningCaterpillarCumminsDelta ElectronicsEatonKohler SDMOLegrandMitsubishi ElectricPiller Power SystemsRolls RoyceRiello Elettronica (Riello UPS)RittalSchneider ElectricSocomecSiemensSTULZVertivData Center Investors
Amazon Web Services (AWS)Ark Data CentresChina Mobile International (CMI)Colt Data Centre ServicesCustodian Data CentresCyrusOneCyxtera TechnologiesCorscale Data CentersDigital RealtyData DatacentresEquinixEchelon Data CentresGlobal SwitchIron MountainIonosInfinity SDCKeppel Data CentresKao DataNTT Global Data CentersLumen TechnologiesMicrosoftProximity Data CentresServerfarmSungard Availability ServicesTelehouseVantage Data CentersVirtus Data Centres (ST Telemedia Global Data Centres)YondrNew Entrants
CloudHQDigital ReefEdgeCore Digital InfrastructureGoogleGlobal Technical RealtyStratus DC ManagementKey Questions Answered in the Report
What is the growth rate of the UK data center market?
What are the driving factors for the UK data center market?
How much is the UK data center market investment expected to grow?
Who are the new entrants in the UK data center market?
How many data centers have been identified in the UK?
Get the Detailed TOC @ https://www.arizton.com/market-reports/uk-data-center-market-investment-analysis
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Artificial Intelligence
GEP NAMED ‘LEADER’ IN MULTIPLE GLOBAL PROCUREMENT SERVICES REPORTS BY TOP ANALYST FOR FOURTH YEAR IN A ROW
ISG cites GEP CONSULTING and GEP SERVICES for their ability to address complex categories in sourcing and spend management, and continued success in global engagementsCements GEP as the ideal global partner for transforming procurement, supply chain and business operationsCLARK, N.J., April 16, 2024 /PRNewswire/ — GEP®, a leading provider of AI-powered procurement and supply chain software, strategy, and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced today that it has been named a Leader in the ISG Provider Lens™ – Procurement Services 2024 – Global, for the fourth year in a row. GEP is named a leader in all three categories:
Procurement Operations Modernization ServicesStrategic Sourcing and Category Management ServicesDirect Procurement Enablement and Modernization ServicesDownload a complimentary copy of each of these reports, which evaluates providers of transformation services, and the software platforms and tools enterprises use to transform procurement here.
GEP’s chief marketing officer Al Girardi, explained “At a time when business is transforming procurement to mitigate inflation and global uncertainty, GEP’s ability to integrate consulting, managed services and software makes us the ideal strategic partner for companies in driving competitive advantage, resilience, cost savings and shareholder value. GEP is the only firm globally that provides end-to-end procurement and supply chain strategy, managed services and technology solutions under one umbrella, providing a one-handshake solution for clients.”
Direct Procurement Enablement and Modernization Services
According to the ISG Provider Lens lead analyst Bruce Guptill, “GEP’s leadership builds on its ability to address complex and varying client needs and modernize direct procurement operations integrated with finance, supply chain and other associated disciplines.”
ISG Provider Lens™ cites GEP strengths in Procurement Operations Modernization Services as:Full modernization and optimization portfolio.Extensive partner network to enable, deliver and support procurement and supply chain improvement beyond the abilities of many other providers.AI-powered GEP QUANTUM low-code, cloud-native development platform for efficient integration and data exchange across procurement- and supply chain-related applications. ISG Provider Lens™ cites GEP strengths in Strategic Sourcing and Category Management Services as:Strategic sourcing and category management offerings.Robust software foundation. Deep pool of software and service partners. ISG Provider Lens™ cites GEP strengths in Direct Procurement and Modernization as:Substantial expertise and experience in direct sourcing.Software platforms including the AI-powered GEP SMART™ platform (S2P), GEP NEXXE for supply chain management, GEP GREEN™ for ESG tracking and reporting, and QUANTUM platform for AI-driven automation, analytics and low-code development.Nontraditional partnerships for direct sourcing presence.About ISG Provider Lens™ Research The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. The research currently covers providers offering their services globally, across Europe and Latin America, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens™ research, please visit this webpage. ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm with more than 700 clients, including more than 75 of the world’s top 100 enterprises. For more information, visit www.isg-one.com.
About GEPGEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value. Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 550 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals. A leader in multiple Gartner Magic Quadrants, GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters. GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit http://www.gep.com/.
GEP Media Contact Derek CreeveyPhone: +1 732-382-6565Email: [email protected]
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Equity Insider Commentary
VANCOUVER, BC, April 16, 2024 /PRNewswire/ — EQUITY INSIDER – Data centers are at the core of what’s powering the ongoing artificial intelligence (AI) boom. With almost every major industry shifting towards AI, massive amounts of new infrastructure will still be needed, in particular data centers. The Data Center Equipment Market is exploding, with analysts at Straits Research projecting it to surpass $164 billion by 2031, growing at a whopping 13.2% CAGR along the way. According to Technavio, 38% of growth in the Data Center Rack PDU Market growth will originate from North America, while surging data center demand is pushing the limits of available workers. Among the innovators helping to bring the AI revolution to life are a mix of innovators, including Avant Technologies Inc. (OTC:AVAI), NVIDIA Corporation (NASDAQ:NVDA) (NEO:NVDA), Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NASDAQ:AMD) (NEO:AMD), and Amazon.com, Inc. (NASDAQ:AMZN) (NEO:AMZN).
AI tech developer, Avant Technologies Inc. (OTC: AVAI) specializes in the development of advanced AI and data center infrastructure solutions. Recently, the company announced that development on its next-generation, AI-driven resource allocation system is now fully underway. This news follows Avant’s February 2024 announcement of its decision to begin enhancing its sophisticated machine and deep learning AI system, Avant AI™, with automated data center resource management for its new high-density compute data center infrastructure. The company’s management team has expressed great satisfaction with the rapid progress made since the announcement.
This new Avant AI™ innovative initiative seeks to harness the power of AI to improve resource use, boost performance, and give businesses unmatched flexibility in their data center operations.
“We are excited about the quick development being made on our groundbreaking AI for intelligent data center management,” said Timothy Lantz, CEO of Avant. “These latest innovations will help our customers unlock new levels of performance and efficiency in their data center operations and achieve success in today’s digital era. We anticipate that Avant’s AI infrastructure solutions will directly boost our clients’ bottom lines and provide a significant competitive advantage in the marketplace.”
Avant AI™ analyzes data in real-time to foresee future resource requirements, automatically assigns resources, and adjusts to fluctuating workloads. Its multi-layered architecture maintains data quality and reliability as it converts AI suggestions into practical actions. Avant AI™ helps businesses by reducing resource waste, lessening performance delays, speeding up resource expansion, and automating resource distribution, which altogether enhances operational efficiency.
“The demands placed on data centers are constantly evolving,” said Danny Rittman, Chief Information Officer of Avant. “Traditional static provisioning and manual configuration methods struggle to keep pace with dynamic workloads and ever-increasing resource needs. Our AI-driven resource allocation system represents a paradigm shift, promising to revolutionize data center management.”
It’s easy to witness the growth of data centers by looking at leading chipmaker NVIDIA Corporation (NASDAQ: NVDA) (NEO: NVDA), which has seen its Data Center business explode by more than 400% since last year to $18.4 billion in Q4 2024, as reported in its Q4 and FY 2024 results. Key to the growth has been the surging demand for NVIDIA’s H100 graphics cards that are widely used to power generative AI apps such as OpenAI’s ChatGPT.
“Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations,” said Jensen Huang, founder and CEO of NVIDIA. “Our Data Center platform is powered by increasingly diverse drivers — demand for data processing, training and inference from large cloud-service providers and GPU-specialized ones, as well as from enterprise software and consumer internet companies. Vertical industries — led by auto, financial services and healthcare — are now at a multibillion-dollar level.”
Back in mid-December 2023, NVIDIA’s competitor Intel Corporation (NASDAQ:INTC) unveiled its own new data center chip with a focus on AI growth. The company would go on to follow this up by announcing Gaudi 3 availability to original equipment manufacturers (OEMs), including with Dell Technologies, HPE, Lenovo, and Supermicro, serving to broaden Intel’s AI data center market offerings for enterprises.
“Innovation is advancing at an unprecedented pace, all enabled by silicon – and every company is quickly becoming an AI company,” said Pat Gelsinger CEO of Intel. “Intel is bringing AI everywhere across the enterprise, from the PC to the data center to the edge. Our latest Gaudi, Xeon and Core Ultra platforms are delivering a cohesive set of flexible solutions tailored to meet the changing needs of our customers and partners and capitalize on the immense opportunities ahead.”
Companies are aiming to expand their GenAI projects from initial trials to full-scale production. To achieve this, they require accessible solutions based on powerful, cost-effective, and energy-efficient processors, such as the Intel Gaudi 3 AI accelerator. These solutions must also tackle challenges like complexity, fragmentation, data security, and compliance needs.
Not to be left out, Advanced Micro Devices, Inc. (NASDAQ: AMD) (NEO: AMD) also made adjustments back in December 2023, by introducing new AI and Data Center products, including its Instinct MI300X Series accelerator to deliver robust performance for HPC and AI workloads. The MI300X launch was seen as a move that could help the chipmaker to better compete with Nvidia amid the AI boom. Then by early April 2024, AMD announced the expansion of its AMD VersalTM adaptive system on chip (SoC) portfolio, with its newer Versal AI Edge Series Gen 2 and Versal Prime Series Gen 2 adaptive SoCs, which bring preprocessing, AI interference, and postprocessing together in a single device for end-to-end acceleration of AI-driven embedded systems.
“The demand for AI-enabled embedded applications is exploding and driving the need for single-chip solutions for the most efficient end-to-end acceleration within the power and area constraints of embedded systems,” said Salil Raje, senior vice president and general manager, Adaptive and Embedded Computing Group, AMD. “Backed by over 40 years of adaptive computing leadership, these latest generation Versal devices bring together multiple compute engines on a single architecture offering high compute efficiency and performance with scalability from the low-end to high-end.”
As of late March 2024, online giant Amazon.com, Inc. (NASDAQ: AMZN) (NEO: AMZN) appears to be going all in on AI-driven data centers, with a $150 billion investment to retain its cloud computing edge over competitors like Microsoft and Google. The biggest headline grabbing element of the giant investment is that one of the largest nuclear power plants in the USA will directly power new Amazon Web Services (AWS) data center. As of the announcement, Amazon’s cloud computing subsidiary was being used by upwards of 1.45 million businesses, according to an internal report.
“We’re expanding capacity quite significantly,” said Kevin Miller, a vice president at AWS. “I think that just gives us the ability to get closer to customers.”
The announcement came within a couple weeks of an announcement by Amazon it would be extending its collaboration between AWS and NVIDIA to advance Generative AI innovation. Included in the extension, the duo plan to integrate Elastic Fabric Adapter (EFA) for petabit-scale networking and Amazon Elastic Compute Cloud (Amazon EC2) UltraCluster for hyper-scale clustering.
“The deep collaboration between our two organizations goes back more than 13 years, when together we launched the world’s first GPU cloud instance on AWS, and today we offer the widest range of NVIDIA GPU solutions for customers,” said Adam Selipsky, CEO at AWS. “Together, we continue to innovate to make AWS the best place to run NVIDIA GPUs in the cloud.”
Source: https://equity-insider.com/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/
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