From NVIDIA: 2024-06-07 11:00:19

AI is revolutionizing various industries, from finance to healthcare, by enhancing innovation. Effective AI models rely on extensive datasets for training. The adoption of accelerated computing, such as GPUs, is helping businesses integrate AI into their operations, boosting computing performance by up to 150x and increasing energy efficiency by up to 42x. Leading companies are using accelerated data processing to drive groundbreaking AI initiatives.

Financial organizations like American Express are leveraging accelerated computing to detect fraud in a fraction of a second. By utilizing GPUs for training and deploying LSTM models, they have improved fraud detection accuracy by up to 6% in specific segments. This accelerated computing method offers significant cost savings in data processing and enables real-time fraud detection, minimizing the risk of financial loss.

Telecommunications providers like AT&T are simplifying complex routing operations using NVIDIA cuOpt, which delivers routing solutions in seconds and reduces cloud costs by 90%. The adoption of NVIDIA RAPIDS Accelerator for Apache Spark further enhances operational efficiency, helping companies improve network quality, reduce customer churn, and enhance fraud detection. Accelerated data processing will play a crucial role in improving service quality and operational efficiency for telcos.

Biomedical researchers at AstraZeneca are condensing drug discovery timelines using AI and accelerated computing. By developing a Biological Insights Knowledge Graph (BIKG) and leveraging NVIDIA RAPIDS for faster computations, researchers identified potential genes for novel disease treatments more efficiently. This approach allows pharmaceutical companies to develop life-saving drugs faster, utilizing vast amounts of medical data effectively.

Utility companies are building the future of clean energy with smart grids that can handle the complexities of integrating renewable energy sources and managing two-way power flows. Utilidata’s collaboration with NVIDIA to develop the Karman distributed AI platform enables utility companies to gain real-time insights into grid conditions, predict usage, and seamlessly integrate distributed energy resources. This innovation is driving the shift towards a clean energy future.



Read more at NVIDIA: Why Accelerated Data Processing Is Crucial for AI Innovation in Every Industry