Amit V. Singh’s Post

The generative AI landscape is undergoing rapid transformation, impacting various sectors and reshaping the future of technology Some insights: - The #GenerativeAIMarket has seen exponential growth, with its value increasing from nearly zero to $6.2 billion in 2023. It is projected to constitute nearly 5% of global software spending by 2030, highlighting its disruptive potential - The market is segmented into #DataCenterGPUs, #FoundationalModelsAndPlatforms, and #GenerativeAIServices. NVIDIA dominates the GPU segment with a 92% market share, while #OpenAI and Microsoft jointly lead the foundational models segment. The services market is more fragmented, with Accenture holding a 6% share - Revenue from #DataCenterGPUs reached $49 billion in 2023, driven primarily by NVIDIA. #AMD and #Intel are emerging as competitors in this sector - In foundational models, OpenAI 's success with #ChatGPT and subsequent models like GPT-4 Turbo has positioned it as a market leader. Microsoft's Azure AI and #AWS's Bedrock service are also notable players, offering diversified AI model access - The generative AI services market is crucial for integrating AI capabilities in organizations. #Accenture, #IBM, and Capgemini are key players, focusing on consulting and implementation support - The anticipated business disruption from generative AI is substantial, with workforce reshaping and significant reskilling efforts expected. However, overall AI tool adoption remains steady - The generative AI market is projected to reach $667.96 billion by 2030, with #NorthAmerica currently leading in market share. This growth is attributed to advancements in AI technologies and an increase in #AIstartups focusing on generative solutions Some takeaways: - The generative AI market is poised for significant growth, reshaping industries like healthcare, IT, marketing, and more. There is a growing need for #GenerativeAdversarialNetworks (#GANs) and Transformer-based models, especially in applications like gaming and e-commerce - Data security concerns and the risks associated with sensitive information are major challenges hindering market growth. Companies need to prioritize data protection in their generative AI projects - North America's advanced technological infrastructure and intensive R&D activities are driving its dominance in the generative AI market. Europe and Asia Pacific are also seeing considerable growth, with government support and a vibrant startup ecosystem contributing to market expansion - Major companies like Google, IBM, Adobe, #AWS, and #nvidia are actively developing and launching generative AI tools and services. Strategic partnerships and investments in AI infrastructure are key trends observed in the market

The future of AI is here, and I'm pumped to be part of the innovation wave! 🌊💻 Let's keep pushing boundaries and transforming industries. Check out the full blog post for an in-depth look into the game-changing NVIDIA AI Foundry Service. #AI #Innovation #NVIDIA #AIFoundry #TechRevolution 🚀🔍📊

Partnering with NVIDIA – that’s big #AI news 🗞️ My meeting with the NVIDIA team this week coincides with our big announcement. Our latest partnership expansion is another step towards accelerating our customers’ ability to harness the transformative power of data and generative AI across our SAP solution portfolio. I could not be more excited! Together, we’ll help our customers adopt generative AI capabilities at scale by using NVIDIA’s generative AI foundry service to fine-tune Large Language Models for domain-specific scenarios and deploy applications with new NVIDIA NIM™ microservices.  We will jointly build additional gen AI capabilities, which include: - new capabilites for our copilot Joule - innovative use cases leveraging SAP S/4HANA Cloud, SAP SuccessFactors and SAP Signavio - unifying AI data sources with SAP Datasphere  - and using LLMs for programming Thanks to this partnership, we accelerate generative AI adoption across enterprise applications and ensure advanced insights that will lead to long-term value for our customers!  #SAPBusinessAI #ArtificialIntelligence #AI #Nvidia 

HPE Greenlake Flex simplifies AI at scale with a secure, self-service infrastructure as a service (IaaS) platform combined with NVIDIA AI Enterprise. Streamlined Development: I.e. NVIDIA Riva, a speech AI toolkit within the platform, accelerates model creation, training, and deployment. AI Factory Ready: HPE Machine Learning Development Environment (#MLDE) and HPE Machine Learning Data Management (#MLDM) is seamlessly integrated for a scalable AI development. Optimized Performance: HPE offers NVIDIA-certified GPU-optimized compute servers for faster model training, fine-tuning, and inference. Paired with HPE GreenLake for File, an enterprise-grade, scale-out file storage solution, this combination ensures data is delivered rapidly to maximize performance throughout the AI lifecycle. #HPE #NVIDIA #ai #data #furtureisnow at Hewlett Packard Enterprise

Accelerate your generative AI journey with NVIDIA NeMo framework on GKE #ai

VMware Private AI Foundation with NVIDIA! This platform will enable enterprises to customize models and run #GenAI applications, including intelligent chatbots, assistants, search and summarization. Read the news: https://t.co/1luURAFtJ0 #gamechanger #privateai #intelligentassist #genai #ai #vmwareexplore #vmwarecloud #multicloud

Our partnership with SAP highlights our determination to stay ahead in technological progression and innovation. SAP, with NVIDIA as its strategic partner, will accelerate the adoption of generative AI models across enterprise applications. The collaboration will integrate NVIDIA’s AI technologies with SAP’s enterprise solutions, enabling businesses to automate processes, improve decision-making and generate new designs. Such collaborations only excite me about the future of generative AI being adopted in the workplace for efficiency and accuracy. 💡 Check out the Forbes article below to read more about their work! #GenerativeAI #GenAI #EnterpriseApplications #GrowthandDevelopment

Weights & Biases Announces Integration with NVIDIA NIM for Streamlined, Customized Enterprise Generative AI https://lnkd.in/gd-iC2aM #AI #GenAI #LLM Weights & Biases NVIDIA

Google And Hugging Face Partner To Advance Generative AI With Open Models -click on the link for more details https://lnkd.in/d-CJ_jTa - #advance #Face #generative #Google #Hugging #models #Open #Partner #Business

The Leading Generative AI Companies. The generative AI market's growth to $3B is spearheaded by OpenAI, Microsoft, and AWS. OpenAI's advancements in GPT models secure a 39% market share. Microsoft capitalizes on AI for Azure and Office 365, owning 30% of the market. AWS's strategy garners an 8% share, offering a variety of AI models. https://lnkd.in/gJ_5PikQ