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AI, robotics, and Web3 are seeping into our lives without most of us even noticing. The acceleration within tech seems to be increasing dramatically around every corner - but that could all change very soon.
Why? We’re finally approaching the limits of computational power.
Mainstream public platforms are struggling to keep up already – we can see this in action as price hikes increase to keep up with demand, for instance, Intel’s announcement that it would be raising prices by up to 20% for chips and processors. This, in turn, is making it nearly impossible for SME’s with lower budgets and higher computing demands to be competitive.
To put this into perspective, we should refer to Moore’s Law - one of the most influential theories in computing of the 21st century, which states that every 2 years the number of transistors on a silicon chip will double.
Since the transistor count is related to processing power, this means that computing power has effectively been doubling every 2 years, which is why we have seen such an acceleration within technology over the past few decades.
However, Moore himself predicted that the laws of physics would no longer allow for this acceleration by the end of the 2020s:
“In terms of size of transistor, you can see that we’re approaching the size of atoms, which is a fundamental barrier.”
- Gordon Moore, Co-founder of Intel and inventor of Moore's Law.
So how do we make sure we don’t reach a computational standstill?
NexGen Cloud, with its vast infrastructure pool and GPUaaS platform Hyperstack, is tackling this problem right now through virtualisation and distributed computing.
Being able to virtualise computing power, especially with regards to GPU processing, via the cloud is revolutionising the most workload intensive industries, such as AI and rendering. These virtualised layers are no longer limited by the power of a single processor or chip – companies and individuals alike can now distribute the power of multiple GPU’s and processors within a single cloud instance, harnessing High Performance Computing from anywhere in the world.
Companies like NexGen Cloud are finding ways around the limits of Moore’s law – and they are paving the way just in time as computational demand began to outstrip the supply – allowing a potential acceleration in computational power like we’ve never seen before.
As computational processing capabilities increase, so must also the method of storing the data that is being processed, as larger datasets need to be used.
Herein lies another problem: the world hasn’t updated the method of storing data for over 20 years, relying on a centralised model. Right now, data storage is just far too expensive to keep; we only store 2% of the data we produce. This puts a massive limitation on the extent of data that is available to process, and thus computing is still limited, especially deep learning and AI, for as long as this problem continues.
Decentralised storage hopes to solve this issue by utilising ground-breaking cloud technology that is more secure, immutable and – perhaps most importantly in terms of technology acceleration – far cheaper.
To give you an idea of how the world is reacting to these disruptive supply demands, we only need to look at the staggering growth of NexGen Cloud as an example - in its first 2 years of operation, the company was already valued at over $100 Million.
As it stands, NexGen Cloud is the largest decentralised storage provider in Europe, and soon to be the largest in the world, with a #1 ranking in reputation from the Filecoin Foundation network. This start-up already accounts for 2-3% of data storage worldwide, and boasts one of Europe’s largest enterprise GPU cloud environments.
The world is on the brink of a fundamental change in computing. NexGen Cloud is offering sophisticated investors the opportunity to be a part of this necessary evolution through a range of unique investment opportunities.
To find out more please contact info@nexgencloud.com, or visit www.nexgencloud.com for more information.
16 Apr 2024