USA News Group News
Commentary
Issued on behalf of Avant Technologies
Inc.
VANCOUVER, BC, May 23, 2024
/PRNewswire/ -- USA
News Group News Commentary – In order to power the
ongoing artificial intelligence (AI) revolution, behind the scenes
there's going to need a lot more investment and… power. This is
because cloud based services, especially those fuelling new AI
capabilities, requires lots and lots of power, which is allowing
contractors to cash in on building rooms containing power
management equipment. But while the demand for more AI solutions is
set to threaten the world's electricity grids according to
Blackstone CEO Steve
Schwarzman, tech developers are working diligently to make
hardware more efficient and to service this surging demand, with
several developments recently announced by tech companies
including: Avant Technologies Inc. (OTC: AVAI), Advanced
Micro Devices, Inc. (NASDAQ: AMD), Microsoft Corporation
(NASDAQ: MSFT), Broadcom Inc. (NASDAQ: AVGO), and Astera
Labs, Inc. (NASDAQ: ALAB).
The article continued: According to Research and Markets,
the Global Data Center Infrastructure Market alone is expected to
nearly hit US$6 billion by 2029,
growing at a CAGR of 9.58%. Analysts at Exactitude
Consultancy are also projecting the Global Data Centre Market
as a whole, will reach US$536.38
billion by 2030, growing at a CAGR of 10.72%.
Avant Technologies Engages Wired4Tech to Evaluate the
Performance of Next Generation AI Server Technology
Avant Technologies, Inc. (OTCQB: AVAI) ("Avant" or the
"Company"), a leading innovator and enabler of AI
infrastructure technology, today announced its engagement with
Wired4Tech, a renowned AI infrastructure consulting
firm.
As part of its existing technology services agreement with
Wired4Tech, Avant Technologies has engaged
Wired4Tech to conduct comprehensive performance benchmarking
of a next-generation AI cloud server that Avant is evaluating for
future use in its AI data center cloud infrastructure.
Wired4Tech's performance benchmarking will encompass
a range of crucial metrics, including response time, throughput,
CPU and memory usage, disk I/O, network latency, and error rates.
These metrics are essential for assessing the server's ability to
handle complex AI workloads efficiently and reliably. Additionally,
Wired4Tech will measure the server's power consumption and
anticipated cost savings.
Response time will be evaluated to measure the speed at which
the server responds to various actions, providing insight into its
overall responsiveness. Throughput analysis will assess the
server's data transfer capabilities, considering factors such as
file size, cached or uncached content, and available network
bandwidth.
Furthermore, CPU and memory usage will be closely monitored to
gauge the server's processing power and memory management
efficiency. Disk I/O performance will be evaluated to ensure smooth
data access and storage operations, while network latency
measurements will provide valuable information on the server's
communication speed with external systems.
"We are excited to engage Wired4Tech to benchmark the
performance of an innovative, next-generation AI server," said
William Hisey, Chief Executive
Officer, at Avant Technologies. "By conducting rigorous
benchmark testing of this promising server technology, we expect to
validate its expected performance and cost-saving benefits."
The results of the benchmark testing will enable Avant
Technologies to further execute on its AI infrastructure
business strategy.
CONTINUED… Read this and more news for Avant Technologies
at: https://equity-insider.com/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/
In other industry developments and happenings in the market
this week include:
Advanced Micro Devices, Inc. (NASDAQ: AMD), a leading
global semiconductor company with Data Center, Client, Gaming, and
Embedded segments, showcased its latest end-to-end compute and
software capabilities for Microsoft customers and
developers, that utilize AMD solutions such as AMD Instinct
MI300X accelerators, ROCm open software, Ryzen AI processors and
software, and Alveo MA35D media accelerators. By using these,
Microsoft is able to provide a powerful suite of tools for
AI-based deployments across numerous markets.
"The AMD Instinct MI300X and ROCm software stack is powering the
Azure OpenAI Chat GPT 3.5 and 4 services, which are some of the
world's most demanding AI workloads," said Victor Peng, president, AMD. "With the
general availability of the new VMs from Azure, AI customers have
broader access to MI300X to deliver high-performance and efficient
solutions for AI applications."
Microsoft Corporation (NASDAQ: MSFT), global leader in
developing and supporting software, services, devices and
solutions, announced new computers called "Copilot+" PCS, with
the company's AI tech directly into them, serving to further boost
the race among tech giants to push out AI tools to the public.
According to CEO Satya Nadella at an
event at Microsoft's headquarters prior to its annual Build
conference, adding computer chips tailored to run AI technology to
its PCs and tablets will make AI tools and features run faster than
if the technology runs through an internet connect, as most
chatbots today run.
However, Microsoft is also continuing its efforts to
expand cloud-computing services in East
Africa, by announcing it is partnering with UAE-based AI
firm G42 to invest $1 billion
in a data center in Kenya. The
data center will be powered by geothermal energy and provide access
to Microsoft's Azure through a new cloud region for
East Africa.
Broadcom Inc. (NASDAQ: AVGO), a global technology leader
in a broad range of semiconductor, enterprise software and security
solutions, announced its latest portfolio of highly-scalable,
high-performing, low-power 400G PCIe Gen 5.0 Ethernet adapters to
revolutionize the data center ecosystem. The new products offer an
enhanced, open, standards-based Ethernet NIC and switching solution
to resolve connectivity bottlenecks as XPU bandwidth and cluster
sizes grow rapidly in AI data centers.
"Broadcom is prioritizing open standards and fostering
collaboration with industry leaders to deliver the most extensive
selection of high-performance connectivity solutions for AI
infrastructure," said Jas Tremblay,
Vice President and General Manager of the Data Center Solutions
Group, Broadcom. "Our 400G PCIe Gen 5.0 Ethernet adapters
yet again underscore our commitment to enable the network-centric
AI infrastructure platform."
Astera Labs, Inc. (NASDAQ: ALAB), a global leader in
purpose-built connectivity solutions that unlock the full potential
of AI and cloud infrastructure, announced expanded PCIe 6.x
testing capabilities in its Cloud-Scale Interop Lab to enable
seamless interoperability between Aries 6 PCIe/CXL Smart DSP
Retimers and a broad range of PCIe 6.x hosts and endpoints. The new
capabilities pave the way for AI platform developers to design
high-bandwidth, low-latency PCIe 6.x connectivity with confidence,
reduce overall development time, and deploy at scale.
"As AI systems continue to advance at a rapid pace, data center
operators need to deploy increasingly complex systems on an
accelerated timeline," said Thad
Omura, Chief Business Officer of Astera Labs.
"Expanding our Cloud-Scale Interop Lab test suite to support PCIe
6.x operation fast-tracks deployment for customers integrating
Aries 6 – the industry's lowest power PCIe 6.x/CXL 3.x Retimer –
with solutions from our ecosystem partners."
Source:
https://equity-insider.com/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/
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SOURCE USA News Group