The survey focused on 2,500 IT leaders from the US, UK, Germany, France, and Japan. The findings spotlight both the enthusiasm surrounding AI’s potential benefits and the significant challenges that organisations encounter in implementing AI technologies.

The survey revealed a compelling enthusiasm for AI’s potential advantages, with three out of four IT leaders expressing optimism about its capabilities. These benefits spanned from amplified employee efficiency to automated cybersecurity solutions.

A striking 67 percent of the respondents revealed that they are intensifying investments in AI technologies to harness these advantages. Nonetheless, the survey’s results also exposed a sense of hesitancy arising from implementation uncertainties, the readiness of existing hardware, and technology stacks.

Matthew Unangst, Senior Director of Commercial Client and Workstation at AMD, said: 

“There is a benefit to being an early AI adopter. IT leaders are seeing the benefits of AI-enabled solutions, but their enterprises need to outline a more focused plan for implementation or risk falling behind.

Open software ecosystems, with high-performance hardware, are essential, and AMD believes in a multi-faceted approach of leveraging AI IP across our full portfolio of products to the benefit of our partners and customers.”

Of the organisations prioritising AI deployment, 90 percent reported experiencing heightened workplace efficiency. This underscores the idea that early AI adoption could yield a competitive edge in productivity and performance.

AMD’s survey outcomes indicated that establishments which defer AI adoption could potentially jeopardise their market standing.

To address these challenges and offer solutions, AMD is concentrating on the development of AI-capable solutions across its product portfolio. This includes the cloud, edge computing, and endpoints.

While IT leaders harbour optimism about the possibilities that AI presents, there exists a critical need for well-defined implementation strategies.

AMD’s survey indicates that those enterprises that act swiftly and purposefully on AI adoption could potentially reap substantial benefits, while those that lag behind may encounter challenges.

Find a full copy of the report here (PDF)

(Photo by paolo candelo on Unsplash)

See also: UK Deputy PM: AI is the most ‘extensive’ industrial revolution yet

Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with Digital Transformation Week.

Explore other upcoming enterprise technology events and webinars powered by TechForge here.

The post AMD: Almost half of enterprises risk ‘falling behind’ on AI appeared first on AI News.

In an SEC filing, NVIDIA says the US government has informed the chipmaker of a new license requirement that impacts two of its GPUs designed to speed up machine learning tasks: the current A100, and the upcoming H100.

“The license requirement also includes any future NVIDIA integrated circuit achieving both peak performance and chip-to-chip I/O performance equal to or greater than thresholds that are roughly equivalent to the A100, as well as any system that includes those circuits,” adds NVIDIA.

The US government has reportedly told NVIDIA that the new rules are geared at addressing the risk of the affected products being used for military purposes.

“While we are not in a position to outline specific policy changes at this time, we are taking a comprehensive approach to implement additional actions necessary related to technologies, end-uses, and end-users to protect US national security and foreign policy interests,” said a US Department of Commerce spokesperson.

China is a large market for NVIDIA and the new rules could affect around $400 million in quarterly sales.

AMD has also been told the new rules will impact its similar products, including the MI200.

As of writing, NVIDIA’s shares were down 11.45 percent from the market open. AMD’s shares are down 6.81 percent. However, it’s worth noting that it’s been another red day for the wider stock market.

(Photo by Wesley Tingey on Unsplash)

Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London.

Explore other upcoming enterprise technology events and webinars powered by TechForge here.

The post US introduces new AI chip export restrictions appeared first on AI News.