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Computing Power Suppliers are Shifting Gears for AI

January 29, 2019 / Yoav Vilner

Artificial Intelligence (AI) is changing everything from the information we see on our Facebook feeds, to improving diagnosis and treatment of medical conditions. The computing power suppliers are shifting gears for AI.According to McKinsey, it has the potential to create an additional $13 trillion in global economic output by 2030. Governments and start-ups alike are scrambling to ensure they are in a position to enjoy the economic benefits that AI will bring.  However, despite the apparent potential, there’s one significant bottleneck — the supply of computational power required to develop and drive AI products and solutions. At present, cloud-based providers of computing resources are striving to keep up with the pace of development in power hungry AI.Here, we look at the challenges faced by cloud-based computing, and some potential solutions.