#AIEye
#Podcast 575: #Stocks discussed: (NasdaqGS: $INTC) (NasdaqGS: $NVDA)
#Artificialintelligence
Intel
Announces Advances in Xeon Processor for HPC and #AI, and NVIDIA is Adding New #Tech
to HGX AI Supercomputing Platform
Global
#AI in #Construction Market to Surpass $2.325B by 2026
Point Roberts WA, Vancouver BC – June 30, 2021 – Investorideas.com (www.investorideas.com), a global investor news source covering
Artificial Intelligence (AI) brings you today’s edition of The
AI Eye- watching stock news, deal tracker and advancements in
artificial intelligence
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2021/063021-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/06301INTC-NVDA.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:INTC) (NasdaqGS:NVDA)
Intel Corporation (NasdaqGS:INTC) is at the 2021 International
Supercomputing Conference (ISC), where it has announced “advances in its Xeon processor for
HPC and AI as well as innovations in memory, software, exascale-class storage,
and networking technologies for a range of HPC use cases.” Trish Damkroger,
vice president and general manager of High Performance Computing at Intel,
explained:
"To
maximize HPC performance we must leverage all the computer resources and
technology advancements available to us. Intel is the driving force behind the
industry’s move toward exascale computing, and the advancements we’re
delivering with our CPUs, XPUs, oneAPI Toolkits, exascale-class DAOS storage,
and high-speed networking are pushing us closer toward that realization."
NVIDIA Corporation (NasdaqGS:NVDA) is adding new technologies to the NVIDIA HGX AI
supercomputing platform, fusing AI with high performance computing. Namely,
these are: the NVIDIA A100 80GB PCIe GPU, NVIDIA NDR 400G InfiniBand
networking, and NVIDIA Magnum IO GPUDirect Storage software. Jensen Huang,
founder and CEO of NVIDIA, commented:
“The
HPC revolution started in academia and is rapidly extending across a broad
range of industries. Key dynamics are driving super-exponential, super-Moore’s
law advances that have made HPC a useful tool for industries. NVIDIA’s HGX
platform gives researchers unparalleled high performance computing acceleration
to tackle the toughest problems industries face.”
Global
AI in Construction Market to Surpass $2.325B by 2026
A report published by Research Dive finds that the global AI in
Construction market will grow from $408.1 million in 2018 to over $2.325
billion by 2026, with a compound annual growth rate (CAGR) of 24.1 percent in
the forecast period 2019-2026. An excerpt reads:
The
market has witnessed a significant growth previously, but due to the unexpected
COVID-19 outbreak, the market will witness decline in growth in 2020, owing to
the rising need for safety and advanced measures at construction sites. This
growth will be majorly driven by changing construction companies’ behavior,
increasing focus towards deployment of technologies such as machine learning
and artificial intelligence instead of human labor.
Sam Mowers, Investorideas.com
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