Meta and Microsoft Find NVIDIA’s Alternative AI Chipset Vendor
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Meta intends to deploy these GPUs for AI inference tasks, while Microsoft, under CTO Kevin Scott's guidance, plans to provide access to these chips through Azure. Oracle's cloud services will also feature these GPUs, expanding AMD’s market reach.
The AI market is predicted to reach USD 400 billion by 2027, which presents a unique opportunity for AMD to leverage its innovative products. With OpenAI's commitment to using AMD GPUs in Triton, a software product for AI research, AMD's role in AI advancements becomes increasingly significant. Despite conservative sales projections, the potential growth in the AI GPU market underscores the strategic importance of AMD's Instinct MI300X in the evolving technological landscape.
Market Growth CAGR Insights
The global AI chipsets market is projected to grow from USD 18.6 billion in 2023 to USD 64.5 billion by 2028, with a CAGR of 28.1%. This growth is driven by the increasing adoption of AI across industries, requiring hardware capable of efficient AI workload processing. Autonomous vehicles, leveraging AI chipsets for complex perception tasks, are a significant growth driver. However, the market faces challenges like the need for AI.
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The AI market is predicted to reach USD 400 billion by 2027
Meta intends to deploy these GPUs for AI inference tasks, while Microsoft, under CTO Kevin Scott's guidance
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