Nvidia-Backed Sustainable Metal Cloud Introduces Tech To Cut AI Data Center Energy Use By 50%
Portfolio Pulse from Benzinga Neuro
Sustainable Metal Cloud (SMC), backed by Nvidia, has developed technology to reduce AI data center energy use by 50% using HyperCubes with Nvidia processors. This innovation is crucial as AI energy consumption is under scrutiny. SMC is expanding globally and raising funds for further growth.
August 27, 2024 | 7:03 am
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Nvidia's processors are integral to SMC's new energy-efficient technology for AI data centers, potentially boosting demand for Nvidia's AI processors.
Nvidia's processors are central to SMC's energy-saving technology, which could increase demand for Nvidia's AI processors as data centers seek more efficient solutions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
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Amazon is exploring nuclear power for AI data centers, highlighting the industry's focus on energy solutions amid growing AI demands.
Amazon's exploration of nuclear power for AI data centers shows its commitment to finding energy solutions, but the direct impact on its stock is less clear.
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IMPORTANCE 50
RELEVANCE 30
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Google's AI Overviews feature increases power consumption, highlighting the energy challenges faced by tech companies in AI development.
Google's AI Overviews feature's increased power consumption highlights energy challenges, but the direct impact on Google's stock is less clear.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 30