How an Israeli startup is reducing carbon footprints

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How an Israeli startup is reducing carbon footprints

Nvidia's recent acquisition of Run:ai highlights the growing importance of GPUs in AI infrastructure. The deal, estimated at $700 million, underscores Nvidia's dominance in the AI sector, with its stock soaring 149.5% in 2024. Meanwhile, Israeli startup SQream has also made significant strides in utilizing GPUs for big data analytics, securing $45 million in funding and expanding its influence in the tech ecosystem.

The global GPU market is projected to grow nearly five-fold by 2030, driven by the increasing reliance on AI technologies. As more companies adopt AI, the need for efficient data processing becomes critical, with GPUs offering solutions to manage costs and performance. This shift not only enhances operational efficiency but also contributes to reducing carbon footprints, making it essential for organizations to strategically deploy GPU technology.

• Nvidia's acquisition of Run:ai emphasizes GPU importance in AI infrastructure.

• SQream's funding and GPU utilization highlight advancements in big data analytics.

Key AI Terms Mentioned in this Article

GPUs

Their role in AI projects is crucial for accelerating data processing and improving performance.

Big Data Analytics

Companies like SQream leverage big data analytics to enhance their AI capabilities and operational efficiency.

GenAI

The surge in investments for GenAI technologies reflects the growing interest in AI applications across various industries.

Companies Mentioned in this Article

Nvidia

Nvidia's recent acquisition of Run:ai showcases its commitment to enhancing AI infrastructure.

SQream

SQream's innovative approach allows businesses to process larger data sets more efficiently, contributing to reduced carbon footprints.

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