The Trillion-Dollar AI Market: How AI is Shaping the Global Economy
AI Revolutionizing US Economy: Avant Technologies Inc. Leading the Charge
The rise of Artificial Intelligence (AI) is reshaping the global economy, with generative AI predicted to impact 90% of US jobs and inject $1 trillion into the economy over the next decade. Companies like Avant Technologies Inc. (OTC:AVAI) are at the forefront of this transformation, introducing groundbreaking AI technology to revolutionize data center management.
Avant Technologies Inc. has enhanced its premier platform, AvantAI, to optimize high-performance data center infrastructure. With 80% of current data being unstructured, including video surveillance and IoT sensor data, AvantAI is well-positioned to capitalize on this vast opportunity for advancement in the industry.
“We are thrilled to introduce our groundbreaking AI technology for intelligent data center management,” said Danny Rittman, CISO at Avant Technologies. “With our innovative solution, organizations can unlock new levels of performance and efficiency in their data center operations, driving business success in today’s digital era.”
Avant’s solutions address critical challenges in cost and performance, offering environmental, social, and governance (ESG) advantages through reduced electricity and water usage. By leveraging AvantAI, organizations can monitor data center infrastructure in real-time, proactively managing maintenance and performance to ensure uninterrupted operations.
Timothy Lantz, CEO of Avant, highlighted the company’s goal to create a paradigm shift in data center management, providing customers with a competitive edge in performance and cost optimization.
In addition to Avant Technologies Inc., companies like Eaton Corporation plc (NYSE:ETN), Coherent Corp. (NYSE:COHR), and Pure Storage, Inc. (NYSE:PSTG) are also making significant strides in the AI space. Eaton’s partnership with Traxen for an AI-powered iQ-Cruise system, Coherent’s advancements in optical transceivers for AI applications, and Pure Storage’s FlashBlade//E product for commercial use demonstrate the diverse applications of AI across industries.
As the AI revolution continues to unfold, chipmaking giant NVIDIA Corporation (NASDAQ:NVDA) remains a key player, driving innovation in AI hardware and software. NVIDIA’s recent launches of GeForce RTX SUPER desktop GPUs and AI laptops underscore the company’s commitment to advancing generative AI performance.
The future of AI holds immense potential for economic growth and technological advancement. With companies like Avant Technologies Inc. leading the charge in AI innovation, the possibilities for transformative change in the US economy are limitless.
Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/
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