LAS VEGAS, NV -- July 10, 2024 --
InvestorsHub NewsWire -- Avant Technologies, Inc. (OTCQB:
AVAI) (“Avant” or the “Company”), a leader in artificial
intelligence (AI) technology specializing in cutting edge AI and
data center infrastructure solutions, today announced its
planned state-of-the-art data centers, outfitted with immersible AI
supercomputer servers, will address a number of unmet needs in the
AI and big data industry’s rapid growth, while answering key
sustainability and infrastructure concerns arising in the
communities that support data centers. For the needs of AI and big
data companies, Avant expects to deliver more data capabilities,
specialized attention to each client, and a most cost-effective
option. Meanwhile, Avant plans to introduce data centers with a
smaller footprint and that draw less energy from the local
community, which will quell sustainability concerns.
Avant’s Chief Executive Officer,
William Hisey, said, “Avant expects to lead the way in providing
distributed submerged infrastructure solutions. With a commitment
to innovation and sustainability, the use of high-performance
immersible computer servers allows Avant to address the complex
challenges of the digital era with cutting-edge solutions while
keeping the communities we operate in satisfied that we are
committed to green energy facilities.”
According to McKinsey &
Company, U.S. data center demand, which is measured by power
consumption to reflect the number of servers a data center can
house, is forecast to grow by some 10 percent a year until 2030.
So, clearly the AI, machine learning, SaaS, and big data industry
will continue to demand more power, faster and more efficient data
transfer capabilities, and cost-effective solutions for the massive
amounts of data they handle. And as more data centers are being
planned and built, communities throughout the country, where these
facilities are being developed, are frustrated by the sheer size of
some projects and the amount of power that largescale centers and
campuses require.
Analysts and industry experts are
predicting a wave of AI investments to keep pace with the demand
for greater computing capacity industrywide, and these investments
will assist Avant with its plans to deliver the ultimate in cost
effective, energy efficient, high-density supercomputing designed
specifically to meet the current and future needs of AI and big
data while also being eco-friendly. Avant’s high-density cloud
infrastructure will be specifically designed to meet the growing
performance and storage demands of SaaS, AI, machine learning, and
big data clients across all industry sectors. The Company’s
strategy is to design and build a host of smaller data centers
located throughout the country.
Data centers are big energy
consumers - a hyperscale’s data center can use as much power as
80,000 households do. So, pressure to make data centers sustainable
is therefore high in local areas where centers are popping up, and
Avant’s approach to build small, but powerful, data centers will
create a dramatically smaller footprint that is much more
eco-friendly.
William Hisey added, “Obviously,
data center equipment must be cooled to work efficiently, and the
capacity of a data center is dictated by how well it cools the
servers. Efficient cooling is therefore a crucial driver of a data
center’s profitability. Cooling accounts for some 40 percent of a
data center’s energy consumption. To that end, Avant will take
advantage of cooling and energy efficiency technologies to reduce
costs for clients and remain energy efficient.”
While many data centers still use
air-conditioning to cool entire facilities, which draws incredible
amounts of power, others have replaced AC systems with AC-like
systems that keep entire rooms cool with in-row or rotodynamic
heater-based cooling designs; however, Avant will use high
performance immersion-cooling pods for its servers, a more advanced
and energy efficient technology.
Avant will be on the leading edge
of addressing industry and community needs by creating a smaller
footprint in the communities Avant serves, and using immersible AI
supercomputer servers that feature unparalleled compute
performance, power consumption efficiencies, compact physical
design, and enhanced reliability.
About Avant Technologies,
Inc.
Avant Technologies, Inc. is at the
forefront of AI innovation, specializing in the development and
deployment of advanced data processing solutions. With a focus on
pushing the boundaries of what is possible in AI and machine
learning, Avant Technologies serves a diverse range of industries,
driving progress and efficiency through state-of-the-art
technology.
More information about Avant
Technologies can be found at https://avanttechnologies.com
You can also follow us on social
media at:
https://twitter.com/AvantTechAI
https://www.linkedin.com/company/avant-technologies-ai
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 because 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:
Avant Technologies, Inc.
info@avanttechnologies.com
Avant Technologies (QB) (USOTC:AVAI)
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Avant Technologies (QB) (USOTC:AVAI)
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