Fagen Wasanni Technologies August 3, 2023
The global AI infrastructure market is projected to experience a compound annual growth rate (CAGR) of 44% over the next six years, according to Data Bridge Market Research. This growth is fueled by companies’ increasing demand for artificial intelligence (AI) and the need for specialized data centers to handle compute-intensive AI applications.
While established enterprise cloud vendors are upgrading their existing data centers to meet the demand for AI software, some new players in the market are seizing the opportunity to build purpose-built facilities from scratch. These purpose-built AI data centers house servers equipped with AI chips, such as Nvidia’s graphics processing units, which enable multiple computations to be run simultaneously as AI applications process massive amounts of data. Additionally,...
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