Avant Technologies Unveils Plans
for Development of Large-Scale Supercomputer to Empower AI Software
Companies
LAS VEGAS, NV --
August 8, 2023 -- InvestorsHub NewsWire -- Avant Technologies, Inc. (OTCQB: AVAI) ("Avant" or the
"Company"), an artificial intelligence technology (AI) company
specializing in creating and developing innovative and advanced AI
solutions, today announces its plans to develop a true edge-native
distributed supercomputer—designed to revolutionize the landscape
for AI software development companies and other companies that
require immense, scalable computing power, such as scientific
simulations, climate modeling, protein folding analysis, and big
data processing.
Leveraging
state-of-the-art supercomputing technologies with seamless
communication and interaction among all compute, storage, and
networking resources, Avant's distributed supercomputer will
empower AI software companies with unprecedented capabilities,
enabling them to push the boundaries of AI development and
deployment.
When discussing the
Avant's technology development plans, the Company's Chief Operating
Officer, Paul Averill, said, "Our next generation edge-native
supercomputer represents a true paradigm shift in AI computing.
We envision a future where Avant can provide AI software
companies with an unprecedented and cost-effective compute
infrastructure that unlocks the full potential of artificial
intelligence and ushers in a new era of technological
advancement."
Avant's
supercomputer will be designed to cater specifically to the complex
computing needs of AI applications, and the platform will be
designed to enable fast and efficient data transfer between all
components, ensuring unprecedented performance, availability, and
scalability for the entire system.
The Company's
"edge-native" approach doesn't rely on cloud-based services or
remote servers, so it will offer companies a host of advantages
over the more familiar "cloud-native" approach, including:
Reduced latency: Edge-native
applications process data locally, which means that they can
provide real-time responses without the delay of sending data to a
remote server for processing. This is particularly important
for AI applications that require real-time processing, such as
autonomous vehicles, robotics, and video surveillance.
Improved security and privacy:
Edge-native applications keep data processing local to edge
devices, which can help to improve security and privacy. This
is because less sensitive data is being transmitted over the
network, and there is less risk of data being intercepted or
stolen.
Increased scalability: Edge-native
applications can be scaled more easily than cloud-native
applications because edge devices can be added or removed as
needed, without the need to scale the cloud infrastructure.
Reduced costs: Avant's proprietary
approach in the building and maintaining of its supercomputer
environment will be instrumental in significantly reducing costs
related to the computing environment of AI companies as compared to
traditional cloud computing providers.
By merging the
latest advancements in processor technology, advanced algorithms,
and network architecture, Avant is creating a supercomputer
ecosystem capable of processing power that dramatically reduces
execution times for complex and data-intensive algorithms, enabling
AI software companies to iterate, innovate, and scale their
solutions with unprecedented speed and efficiency.
To ensure
compatibility and ease of development, the Avant edge-native
supercomputer grid will support all major AI frameworks. This
integration will enable AI developers to effortlessly leverage
their existing knowledge and skills while benefiting from the
incredible performance boost offered by Avant's innovative
technology.
About Avant Technologies, Inc.
Avant Technologies,
Inc. (OTCQB: AVAI) is an artificial intelligence
technology company specializing in creating and developing
innovative and advanced AI solutions. Avant plans to develop
a true edge-native distributed supercomputer—designed to
revolutionize the landscape for AI software development companies
and other companies that require immense, scalable computing power,
such as scientific simulations, climate modeling, protein folding
analysis, and big data processing.
Recently, Avant
Technologies acquired Avant! AI™ and InstantFAME™, two technologies
operating in multi-billion-dollar industries. Avant's "Thy
News" application is another of the Company's key projects.
Thy News is a worldwide application used for processing news
from multiple sources.
More information
about Avant Technologies can be found at https://avanttechnologies.com
You can follow us
on social media at:
https://twitter.com/AvantTechAI
https://www.facebook.com/AvantTechAI
https://www.youtube.com/@AvantTechAI
Forward-Looking
Statements
Certain statements
contained in this press release may constitute "forward-looking
statements." Forward-looking statements provide current
expectations of future events based on certain assumptions and
include any statement that does not directly relate to any
historical or current fact. Actual results may differ materially
from those indicated by such forward-looking statements as a result
of various important factors as disclosed in our filings with the
Securities and Exchange Commission located at their website (
http://www.sec.gov). In addition to these
factors, actual future performance, outcomes, and results may
differ materially because of more general factors including
(without limitation) general industry and market conditions and
growth rates, economic conditions, governmental and public policy
changes, the Company's ability to raise capital on acceptable
terms, if at all, the Company's successful development of its
products and the integration into its existing products and the
commercial acceptance of the Company's products. The
forward-looking statements included in this press release represent
the Company's views as of the date of this press release and these
views could change. However, while the Company may elect to
update these forward-looking statements at some point in the
future, the Company specifically disclaims any obligation to do
so. These forward-looking statements should not be relied
upon as representing the Company's views as of any date after the
date of the press release.
Contact:
Kenn Kerr, Consulting Manager of Corporate Communication
Avant Technologies, Inc.
kkerr@avanttechnologies.com