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Business Services Becoming More Reliant on Artificial Intelligence as AI Market Value Exceeds $130 Billion

#artificialintelligence

Artificial Intelligence (AI) has become ubiquitous in the past several years. There is not a part of our businesses, cultures, governments and consumer markets. The continuous research and innovation directed by tech giants are driving the adoption of advanced technologies in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing, staffing and education. Technology has always been an essential element for these industries, but artificial intelligence has brought technology to the center of organizations. For instance, from self-driving vehicles to crucial life-saving medical gear, AI is being infused virtually into every apparatus and program.


Zacks Investment Ideas feature highlights: C3.ai, Veritone, Bigbear AI Holdings, Nvidia and Advanced Micro Devices

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Artificial Intelligence (A.I.) has garnered widespread attention from users and investors after the viral rollout of the AI-powered chatbot ChatGPT. To give you an idea of how successful the launch has been, ChatGPT is now the fastest consumer app to reach 100 million active users – taking just two months to reach the milestone. As a result of the meteoric rise to popularity, privately held ChatGPT creator OpenAI has secured more than $10 billion in investments from Microsoft. Companies like Amazonhave been using AI under the hood for years. For example, Amazon leverages AI on its back end to increase sales on its e-commerce platform (if you add a table to your shopping cart, it will suggest chairs).


The Future of Artificial Intelligence: 10 Companies, 10 Predictions

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In this article, we discuss the future of artificial intelligence, including 10 predictions about 10 companies. The future of artificial intelligence (AI) is a topic of much speculation and debate. Some experts believe that AI has the potential to revolutionize many aspects of society and industry, while others are more cautious about its potential impact. The artificial intelligence sector is thriving across the globe. AI-enabled tools, like smarter chat-bots for customer service and robots for self-service at banks, are gaining traction in the mainstream.


What the US Restrictions of China Sales Mean for the AI Chip Industry

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The United States has introduced restrictions limiting technology company Nvidia Corp. and semiconductor company Advanced Micro Devices (AMD), Inc. sales of advanced AI chips to China. The restrictions are a tactical foreign policy and national security move to safeguard the US advantage in the race to develop artificial intelligence technology. How will this regulatory shift affect the AI chip industry in the short term and the long term? These new restrictions do not completely cut off the flow of AI chips from US companies to China. Rather, they focus on advanced products with powerful computing capabilities, specifically the Nvidia's A100 and H100 GPUs.


Accelerate Your Applications with ROCm - insideHPC

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Previously, we described the AMD ROCm open-source platform that developers can freely use to create innovative software applications that take advantage of the underlying accelerated hardware. The ROCm platform is designed so that a wide range of developers can develop accelerated applications. An entire eco-system has been created, allowing developers to focus on developing their leading-edge applications. Developers require more than just an API to create new applications quickly and confidently. As part of an eco-system, ROCm contains a debugger, tools for performance analysis, system validation, and system management.


Chip world tries to come to grips with promise and peril of AI ZDNet

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The computer industry faces epic change, as the demands of "deep learning" forms of machine learning force new requirements upon silicon, at the same time that Moore's Law, the decades-old rule of progress in the chip business, is collapsing. This week, some of the best minds in the chip industry gathered in San Francisco to talk about what it means. Applied Materials, the dominant maker of tools to fabricate transistors, sponsored a full day of keynotes and panel sessions on Tuesday, called the "A.I. The presentations and discussions had good news and bad news. On the plus side, many tools are at the disposal of companies such as Advanced Micro Devices and Xilinx to make "heterogenous" arrangements of chips to meet the demands of deep learning. On the downside, it's not entirely clear that what they have in their kit bag will mitigate a potential exhaustion of data centers under the weight of increased computing demand. No new chips were shown at the Semicon show, those kinds of unveilings long since passed to other trade shows and conferences. But the discussion at the A.I. forum gave a good sense of how the chip industry is thinking about the explosion of machine learning and what it means for computers. Gary Dickerson, chief executive of Applied Materials, started his talk by noting the "dramatic slowdown of Moore's Law, citing data from UC Berkeley Professor David Patterson and Alphabet chairman John Hennessy showing that new processors are improving in performance by only 3.5% per year.


Global Artificial Intelligence Chips Market 2019 AMD (Advanced Micro Device), Google, Intel …

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The report provides a comprehensive analysis of the "Artificial Intelligence Chips" industry and key market developments.


AMD Unleashes 32-Core Processor While Betting on Machine Learning in GPU - GuruFocus.com

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Advanced Micro Devices (NASDAQ:AMD) is rallying as the company unveiled the world's first 7nm graphics processing unit (GPU) alongside the new 32 core Ryzen Threadripper processor at Computex Tapai 2018 through a live stream yesterday. The next generation Vega GPU products will be based on GlobalFoundries' 7nm technology and are expected to be launched during the second half of 2018. The new 32 core Threadripper CPU, however, will be based on a 12nm process technology and is set to debut during the third quarter of 2018. Furthermore, AMD continues to make strides on the server side as it will start sampling the 7nm EPYC – processors targeting data centers and servers – during the second half of 2018. "At Computex 2018 we demonstrated how the strongest CPU and GPU product portfolio in the industry gets even stronger in the coming months," said AMD President and CEO Dr. Lisa Su in a press release.


AMD Discloses Vega Graphics Architecture Details And It Looks Promising

Forbes - Tech

High-end GPUs are all the rage right now. They are driving deep neural net training for artificial intelligence, enabling the growing PC gaming market and next-generation virtual reality, augmented reality and mixed reality applications. There are only two high-end players in the GPU space, Advanced Micro Devices's Radeon group and NVIDIA. Over the past few years, AMD has dominated the gaming console market and the lower end graphics market and shared the mid-range, while NVIDIA currently owns the datacenter and professional graphics, GPU DNN-training and the highest-end gaming graphics. AMD has gained unit graphics share the past few quarters. While there are many factors that go into which vendor does what, architecture has historically been a determining factor in big swings of market share in one direction or another.


Advanced Micro Devices: This Is Why AMD Stock Soared

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Why Is AMD Stock on the Rise? Advanced Micro Devices, Inc. (NASDAQ:AMD) had quite the day Tuesday, with AMD stock rising by about nine percent after the company reportedly entered a licensing deal with fellow chip-maker, Intel Corporation (NASDAQ:INTC). AMD stock got a boost as, according to Investors Business Daily, the chip company is said to be licensing its popular "Radeon" graphics processing unit to be used in Intel's next generation of CPUs. This would be a big coup for AMD stock, as Intel is currently partnered with rival NVIDIA Corporation (NASDAQ:NVDA). That deal expires in March, which leaves room for AMD to potentially edge out its competitor.