Equity Insider Commentary
VANCOUVER, BC, April 16,
2024 /CNW/ -- 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/
DISCLAIMER: Nothing in this publication should be
considered as personalized financial advice. We are not licensed
under securities laws to address your particular financial
situation. No communication by our employees to you should be
deemed as personalized financial advice. Please consult a licensed
financial advisor before making any investment decision. This is a
paid advertisement and is neither an offer nor recommendation to
buy or sell any security. We hold no investment licenses and are
thus neither licensed nor qualified to provide investment advice.
The content in this report or email is not provided to any
individual with a view toward their individual circumstances.
Equity Insider is a wholly-owned subsidiary of Market IQ Media
Group, Inc. ("MIQ"). MIQ has been paid a fee for Avant
Technologies Inc. advertising and digital media from the company
directly. There may be 3rd parties who may have shares Avant
Technologies Inc., and may liquidate their shares which could have
a negative effect on the price of the stock. This compensation
constitutes a conflict of interest as to our ability to remain
objective in our communication regarding the profiled company.
Because of this conflict, individuals are strongly encouraged to
not use this publication as the basis for any investment decision.
The owner/operator of MIQ own shares of Avant Technologies
Inc. which were purchased as a part of a private placement.
MIQ reserves the right to buy and sell, and will buy and sell
shares of Avant Technologies Inc. at any time thereafter
without any further notice. We also expect further compensation as
an ongoing digital media effort to increase visibility for the
company, no further notice will be given, but let this disclaimer
serve as notice that all material disseminated by MIQ has been
approved by the above mentioned company; this is a paid
advertisement, and we own shares of the mentioned company that we
will sell, and we also reserve the right to buy shares of the
company in the open market, or through further private placements
and/or investment vehicles. While all information is believed to be
reliable, it is not guaranteed by us to be accurate. Individuals
should assume that all information contained in our newsletter is
not trustworthy unless verified by their own independent research.
Also, because events and circumstances frequently do not occur as
expected, there will likely be differences between any predictions
and actual results. Always consult a licensed investment
professional before making any investment decision. Be extremely
careful, investing in securities carries a high degree of risk; you
may likely lose some or all of the investment.
+1-604-720-4731
info@equity-insider.com
View original
content:https://www.prnewswire.com/news-releases/the-silent-revolution-in-data-centers-driven-by-artificial-intelligence-302118482.html
SOURCE EQUITY INSIDER