Applied Digital Unveils Cloud Service for Empowering Artificial Intelligence Applications

TL;DR:

  • Applied Digital Corporation has launched AI Cloud services for high-performance computing in AI applications.
  • The services will be provided through their subsidiary, Sai Computing.
  • The initial capacity will be offered from the new 9MW HPC Jamestown facility, equipped with Nvidia GPUs.
  • The company already has customer commitments for the initial capacity.
  • The global AI market is expected to grow at a CAGR of 23% and reach a value of $6 trillion by 2026.
  • Applied Digital’s data centers are designed to meet the demanding workloads of AI and HPC applications.
  • The AI Cloud service expands its offerings and capitalizes on the increasing customer demand.
  • The HPC-dedicated facility construction began last year and will come online this week.
  • Applied Digital’s data centers provide cost-effective solutions with high computing power for HPC applications.
  • Their infrastructure enables businesses to leverage AI and unlock its untapped potential.

Main AI News:

Applied Digital Corporation, a renowned designer, builder, and operator of a cutting-edge digital infrastructure tailored for High-Performance Computing (HPC) applications, has made an exciting announcement. The company has officially launched its AI Cloud services, specifically designed to provide exceptional high-performance computing power for various AI applications, such as extensive language model training and graphics rendering. These services will be offered through the company’s wholly-owned subsidiary, Sai Computing, which will serve as the brand under which these remarkable services will be marketed.

To kickstart this groundbreaking venture, Applied Digital will initially provide AI Cloud services from its state-of-the-art 9MW HPC Jamestown facility. This facility is already equipped with a cluster of powerful GPUs, including Nvidia A100, A40, and A6000. Notably, the company has already secured customer commitments that will fully utilize the initial capacity of this facility, which is expected to go online this week.

Applied Digital’s CEO and Chairman, Wes Cummins, highlighted the immense growth potential of the global artificial intelligence market. Citing a recent industry report, Cummins revealed that this market is projected to witness a remarkable Compound Annual Growth Rate (CAGR) of approximately 23% within the forecast period of 2023-2028. It is expected to reach an astonishing value of around US $6 trillion by the year 2026.

Cummins further emphasized that Applied Digital’s unique data center infrastructure positions the company perfectly to cater to the intricate and demanding workloads required for businesses to harness the power of AI and other HPC applications. With the introduction of its AI cloud service, Applied Digital aims to expand its offerings and capitalize on the overwhelming demand from customers for its exceptional services. The company is committed to being at the forefront of delivering the next generation of essential services that unlock the untapped potential of AI.

The construction of Applied Digital’s dedicated HPC facility commenced late last year. This specialized 9MW standalone processing center is located adjacent to the company’s existing 100MW Jamestown facility. Applied Digital expects the initial capacity of the new HPC facility to go live this week, with full capacity anticipated to be available later this year.

Applied Digital’s next-generation data centers serve as ideal hosting sites for HPC applications, providing cost-effective, high-compute power solutions. Unlike traditional data centers, these advanced facilities offer superior power density capabilities necessary for AI and machine learning workloads. By leveraging these cutting-edge resources, businesses can unlock unparalleled potential and drive innovation in their operations.

Conlcusion:

Applied Digital Corporation’s launch of AI Cloud services and its focus on high-performance computing for AI applications indicate a significant advancement in the market. With the projected growth of the global AI market and the increasing demand for sophisticated and demanding workloads, Applied Digital is well-positioned to capitalize on the untapped potential of AI.

Their differentiated data center infrastructure provides businesses with the necessary computing power and cost-effective solutions to leverage AI effectively. This development marks a transformative shift in the market, paving the way for businesses to unlock new opportunities and drive innovation through the power of AI.

Source