Avant Technologies Inc. announced it?s advancing the next generation of cloud supercomputing to meet the burgeoning AI industry?s demands for more power and value. Avant?s cloud supercomputing network has the potential to be the world?s most powerful and cost-effective private cloud infrastructure. The Company?s plan is to address the pervasive costs and performance limitations that continue to hinder AI, machine learning, and big data analytics development and commercialization.

Avant plans to deliver superior performance and value to a host of industries with its private cloud infrastructure by reducing costs and offering more deliverables, such as increased computing density. By taking advantage of lower operating cost technologies, Avant is well positioned to exploit the emerging AI cloud infrastructure market?s sizable growth opportunities. According to Grand View Research, a market research and consulting firm, the global Cloud AI market was valued at $44.97 billion in 2022, and the firm estimates the market to grow exponentially to $647.6 billion by 2030 at a CAGR of 39.6%.

Leveraging state-of-the-art supercomputing technologies with seamless communication and interaction among all compute, storage, and networking resources, Avant?s distributed supercomputer can empower AI software companies with unprecedented capabilities, enabling them to push the boundaries of AI development and deployment. By merging the latest advancements in processor technology, advanced algorithms, and network architecture, Avant plans to create a supercomputer ecosystem capable of processing power that dramatically reduces execution times for complex and data-intensive algorithms, enabling AI software companies to iterate, innovate, and scale their solutions with unprecedented speed and efficiency. Avant?s edge-native supercomputer grid will be designed to support all major AI frameworks, which will ensure compatibility and ease of development.

This integration will empower AI developers to leverage their existing knowledge and skills while benefiting from Avant?s planned innovative technology and incredible performance boost. Avant?s supercomputer will be tailored to the complex computing needs of AI applications, enabling fast and efficient data transfer between all components to achieve unprecedented system performance, availability, and scalability.