Artificial Intelligence
Micron Delivers World’s Most Advanced 176-Layer NAND Data Center SSD
BOISE, Idaho , March 01, 2022 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), today announced it is sampling the world’s first vertically-integrated 176-layer NAND solid-state drive (SSD) for the data center. The Micron 7450 SSD with NVMeTM delivers quality-of-service (QoS) latency at or below 2 milliseconds (ms),1 a wide capacity range and the broadest set of form factors available to meet the needs of the most demanding data center workloads.
This new data center SSD includes Micron’s industry-leading NAND, which contains 176 layers of storage cells and proven CMOS-under-the-array technology, to deliver an ultraefficient design. Integrated with Micron’s own DRAM, internally developed SoC and associated firmware, this vertically integrated SSD enables the company to rapidly respond to customer needs in the market and support strengthened device security.
“We’re launching the Micron 7450 SSD at the same time PCIe Gen4 is becoming the most widely adopted SSD interface in servers,” said Jeremy Werner, corporate vice president and general manager of Micron’s Storage Business Unit. “This product delivers the world’s most advanced NAND in a data center SSD well ahead of the industry and, importantly, brings consistent, reliable latencies below 2 milliseconds, critical to enabling quality of service in scale-out data center workloads.”
Significantly Reduced Latency
The 7450 SSD achieves latency at or below 2 ms for 99.9999% QoS in common, mixed, random workloads1— driving up performance in databases such as Microsoft SQL Server, Oracle, MySQL, RocksDB, Cassandra and Aerospike, among others. Compared to SATA SSDs, latency is reduced by nearly 50%, and read bandwidth is improved by up to 12 times.2
Diverse Mix of Capacities and Form Factors
The 7450 SSD features multiple capacity options to fit myriad data center needs. Its wide capacity range — from 400GB to 15.36TB — includes an industry-leading capacity of 8TB in a compact E1.S form factor. In addition, the industry’s broadest set of form factors for data center SSDs addresses the unique challenges of data center workloads.
- U.3, M.2 and E1.S form factor options meet evolving space, power and thermal needs.
- The industry’s only PCIe Gen4 U.3 SSD, in both 15mm and 7mm thicknesses, provides flexibility for platforms that require 2.5-inch NVMe drives.3
- The PCIe Gen4 M.2 22x80mm SSD, designed primarily for server boot use, is a compact form factor supporting power loss protection.3
Security to Safeguard the Data Center
Organizations using high encryption standards for data at rest and in motion had an average data breach cost that was 29.4% less last year than a breach occurring at organizations using low or no standard encryption.4 Micron SSDs offer self-encrypting drive functionality and Microsoft eDrive options that help safeguard against data breaches and tailor security to specific data protection requirements. Micron’s Secure Execution Environment (SEE) offers even more data protection by providing dedicated security processing hardware with physical isolation. SEE greatly improves the safety of data at rest by using dedicated memory, secure code and a security processing engine.
Support for Open Compute Project
The Micron 7450 SSD also supports Open Compute Project (OCP) deployments for qualified environments.5 OCP specifications have built a thriving ecosystem and created a standardized approach that helps reduce integration complexity and speeds time to market.
Collaboration With Industry Leaders
The Micron 7450 SSD has been well received by a broad set of customers and is currently being qualified at numerous hyperscalers, data center customers and major OEMs. It will be available for customers to purchase through distribution in April.
“Meta is enabling innovation through OCP with industry leaders to enable the next generation of cloud evolution,” said Ross Stenfort, hardware systems engineer at Meta. “The Micron 7450 unleashes this innovation with support for the OCP NVMe Cloud SSD Specification and E1.S with 8TB in a compact form factor. These specifications enable improved thermals, performance and simplified management at scale.”
“As we scale performance to address data-centric workload requirements, delivering balanced platform capability across compute, memory and storage is critical,” said Jim Pappas, director of technology initiatives at Intel Corporation. “Micron’s introduction of its PCIe Gen4-enabled 7450 SSD is a terrific example of industry innovation required for platform advancement.”
“It is imperative to drive greater storage performance for today’s latency-sensitive data centers, and AMD EPYC processors stay ahead of this customer demand with high, per-processor core counts,” said Raghu Nambiar, corporate vice president of Datacenter Ecosystems and Solutions at AMD. “Our engineering collaboration with Micron to optimize the performance of our EPYC processors with Micron 7450 SSDs, and its quality-of-service latency, will enable highly responsive and predictable workloads in the datacenter and workload-tailored-solutions for our customers.”
Resources
Learn more about how the 7450 SSD and 176-layer NAND can transform your data center.
About Micron Technology, Inc.
We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence and 5G applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.
© 2022 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.
1 Micron internal testing shows 2 ms or below latency in 6×9 QoS latency below QD 32 for the Micron 7450 SSD at 15.36TB, which aligns to common data center workload queue depth for a broad variety of applications.
2 Datasheet comparisons with reference Micron SATA SSD for read and latency performance.
3 Based on comparison of similar, commonly available open-market SSDs.
4 2021 Cost of a Data Breach Report, available at IBM Security Services.
5 The Micron 7450 SSD complies with most, but not all, requirements of the Open Compute Project NVMe Cloud SSD Specification 1.0a.
Micron Media Relations Contact
Allison L. Parker
Micron Technology, Inc.
+1 (206) 579-3767
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83ba2315-db8f-4a89-a1a1-f7180bd436fe
Artificial Intelligence
Yidu Tech’s FY2024 results: existing business achieves first full-year profit on adjusted EBITDA
HONG KONG, July 1, 2024 /PRNewswire/ — On June 27, 2024, Yidu Tech Inc. (the ”Company” or ”Yidu Tech”) (2158.HK), a leader in China’s AI medical industry, announced its results for the 2024 fiscal year. During the reporting period, the Company recorded revenue of RMB 807.1 million. Gross profit margin in FY2024 increased to 42.1% from 34.1% in FY2023, representing an increase of 8 percentage points, hitting a record high. Adjusted net loss narrowed from RMB 448.7 million in FY2023 to RMB158.1 million, down 64.8% year-on-year. The management of Yidu Tech said at the annual results conference the next day that excluding strategic investments in proprietary large language model, non-cash items, and non-operating items, the adjusted EBITDA for our current business has achieved profit, moving from a RMB 327 million loss to a profit of RMB 31.1 million for the first time this fiscal year.
Management added that as of market close on June 27, the Company’s P/B ratio has decreased to 1.06. Not including the valuation of its domestic and international businesses, its market value is still lower than its fund reserves on hand. As such, management believes that the Company’s share price is still severely undervalued. Notably, renowned sovereign fund BIA has continually increased its shareholding of Yidu Tech by 21.50% over the past two months. The management is confident in the Company’s long-term growth potential and hopes to continually create innovative technologies and increase returns to its shareholders.
In FY2024, Yidu Tech focused on its core business, improving internal operating efficiency and earning quality. Among its earnings, revenue from its big data platform and solutions segment reached RMB 313.6 million, an increase of 41.4% year-on-year. Revenue from its life science solutions segment reached RMB 324.0 million, up 28.1% year-on-year and the gross margin increased by 14.6 percentage points to a historical high of 32.1%. Revenue from its health management platform and solutions segment reached RMB 169.5 million, and the gross profit margin of this segment was 58.1%, representing a year-on-year increase of 17.4 percentage points.
During the reporting period, the Company has continued the development and training of large language model in the medical vertical field based on 500 billion fine-trained Tokens, with model training for 6B, 13B, and 70B parameters completed.
View original content:https://www.prnewswire.co.uk/news-releases/yidu-techs-fy2024-results-existing-business-achieves-first-full-year-profit-on-adjusted-ebitda-302185986.html
Artificial Intelligence
Lucinity’s AI Innovation Recognized at Microsoft’s Prestigious Global Partner Awards 2024
REYKJAVIK, Iceland, June 28, 2024 /PRNewswire/ — Lucinity has been recognized as a finalist in the AI Innovation category at the prestigious Microsoft Global Partner Awards 2024, recognizing its breakthrough AI solution and contribution to financial security through its collaboration with Microsoft.
Lucinity beat more than 4,700 companies to be named a finalist at the annual Microsoft Global Partner Awards, which highlights Lucinity’s achievements as a Microsoft partner in optimizing business processes, improving customer experiences, and opening new pathways for digital transformation.
This achievement comes in addition to winning two prestigious awards at Microsoft Partner Awards 2024 last month, including Partner of the Year – Iceland, and the Sustainability and Social Impact award.
The accolade recognizes Lucinity’s significant advancements in AI for financial crime operations, particularly through their AI-powered copilot, Luci. This innovative solution utilizes Microsoft Azure OpenAI technology to integrate advanced generative AI into financial crime investigations and regulatory compliance, optimizing processes and saving significant time and resources for financial institutions.
The Lucinity platform streamlines compliance, provides instant insights, and reduces typical investigation times from three hours to just 30 minutes. The technology can also save financial institutions an estimated $100 million in productivity savings, as well as savings in training and recruitment.
Microsoft comments on Lucinity’s award recognition, saying “Financial crime profoundly impacts our global community, with far-reaching economic, security, and social implications. It can harm a country’s reputation and increase exposure to criminal activities, emphasizing the critical need for robust anti-money laundering initiatives and persistent vigilance. Lucinity, with their innovative AI solutions, has really tried to combat this huge global challenge. They use ‘Human AI’ to enhance financial crime prevention, combining AI with human expertise for efficient, user-friendly solutions. Additionally, Lucinity has developed a tool called Luci, an AI-powered copilot that helps transform financial crime prevention from a process that took hours to one that takes minutes.”
“Being recognized as a finalist at the Microsoft Global Partner Awards is validation of our impactful collaboration with Microsoft in financial crime operations. Our partnership has been pivotal for our innovations, enabling us to use Azure OpenAI to bring tools like Luci to life and deliver impactful results for our clients,” says Guðmundur Kristjánsson, Founder & CEO of Lucinity.
Contact:Name: Celina PabloEmail: [email protected]: +354 792 4321
Logo: https://mma.prnewswire.com/media/2208676/4669079/Lucinity_Logo.jpg
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Artificial Intelligence
Asia Pacific View: Foreigners Looking for the Most Practical Smart Technology at the 2024 World Intelligence Expo
BEIJING, June 28, 2024 /PRNewswire/ — Bionic robots that speak both Chinese and English can have the same skin and nails as humans? A flying car powered solely by wind can have a maximum payload of 160 kg? A smart wheelchair can control its operation with just the “mind”? Kevin and Daria, two foreign bloggers, have experienced during the World Intelligence Expo held in Tianjin how the artificial intelligence can empower people’s future lives in industries such as technology, trade, logistics and cultural tourism.
With the theme of “Intelligent Travel Empowering Future”, the Expo integrates exhibitions, experiences and events, attracting more than 550 exhibitors and institutions from all over the world, including more than 70 well-known enterprises such as Huawei, Alibaba, Baidu and Danfoss, and 57 universities and research institutions such as Peking University, Tsinghua University, Nankai University and Tianjin University. The Expo set up 10 major themes such as artificial intelligence, intelligent networked vehicles, intelligent manufacturing and robots, covering the frontier hot spots of the intelligent industry. A number of cutting-edge new technologies, new products, and new experiences from all over the world were showcased centrally, reminding people that technology will completely change the lifestyles in the future.
At the exhibition site, various intelligent robot products such as humanoid robots, bionic robots, and intelligent robot dogs interact with the audience on the spot. They are no longer fantasies in science fiction or movies, but play an important role in monitoring, rescue, cultural tourism and other fields. In the low-altitude economic exhibition area, a number of drones, flying vehicles, and aerospace technology companies collectively display advanced technology products. A low-altitude aircraft shaped like a helicopter brought by the German company Tensor can independently complete cargo transportation, takeoff and landing according to pre-set routes according to the instructions. Robotic arms incorporating technologies such as 5G, IoT, edge computing, rocker robotics, and artificial intelligence can shoot high-frame-rate video and support autofocus, achieving effects that cannot be achieved in traditional shooting modes. Viewers can also have more novel experiences with the help of smart technology.
The Expo also hosted three major events such as the Asia-Pacific Robotics World Cup Tianjin International Invitational, the World Intelligent Driving Challenge, and the International Intelligent Sports Conference. A number of technological achievements and innovative applications were demonstrated in the competitions. For exhibiting companies, this Expo is also an opportunity to further promote the transformation of enterprises to information technology and digitalization, and will also bring huge business opportunities.
Contact: Guo RanPhone: 008610-68332663Email: [email protected]
Video: https://www.youtube.com/watch?v=VjjzurfN_r0 Logo: https://mma.prnewswire.com/media/2451195/logo_Asia_Pacific_View_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/asia-pacific-view-foreigners-looking-for-the-most-practical-smart-technology-at-the-2024-world-intelligence-expo-302186046.html
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