TD SYNNEX Expands Destination AI Ecosystem To Deliver Rapid AI Model Development
Portfolio Pulse from Benzinga Newsdesk
TD SYNNEX (NYSE:SNX) is expanding its Destination AI program by offering the Intel Geti software platform, which facilitates rapid AI model development for images and videos. The platform will be distributed by TD SYNNEX in the U.S. and Europe. The company's Direction of Technology report highlighted a 625% global increase in partners offering AI/ML solutions, with AI/ML skills being highly sought after in North America. The Intel Geti platform, which supports various vision models, can be optimized for Intel architectures using the OpenVINO toolkit and is available for trial and purchase by eligible partners.
November 29, 2023 | 2:02 pm
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TD SYNNEX is enhancing its AI capabilities by distributing the Intel Geti platform, which is expected to support the rapid growth of AI solutions among its partners. The increased focus on AI/ML solutions and the availability of the platform in the U.S. and Europe could potentially lead to revenue growth and strengthen TD SYNNEX's market position in AI enablement.
The expansion of the Destination AI program with the Intel Geti platform indicates a strategic move to capitalize on the growing demand for AI/ML solutions. As TD SYNNEX is positioned as an initial distributor, this could lead to increased sales and a stronger competitive edge in the AI market. The reported 625% increase in partners offering AI/ML solutions suggests a significant market opportunity that could positively impact SNX's short-term performance.
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