News

NVIDIA Reveals Details Of Powerful DGX GH200 Supercomputer

The DGX GH200 architecture will enable hundreds of chips to act as a single GPU, and has been built with generative AI in mind.

Published

1 year ago

May 30, 2023

Nour Nasir

NVIDIA

NVIDIA has revealed details about the company’s next supercomputer, the DGX GH200, which has been built to help companies develop generative AI models.

The machine uses a new NVLink Switch System to enable 256 chips to perform as if they were a single GPU. NVIDIA claims the system offers nearly 500 times as much memory as you’d find in previous DGX A100 computers, quite probably making it the most powerful supercomputer on the planet.

Several key players are interested in the DGX GH200. Google Cloud, Meta, and Microsoft will be some of the first to put the system through its paces as they test its capacity for generative AI workloads.

Also Read: Dubai Launches AI System To Reduce Traffic Congestion

NVIDIA says the new machine will be available by the end of 2023, by which time they should have already developed Helios, an even more powerful version combining four DGX GH200 systems.

Meanwhile, on the gaming front, NVIDIA’s Avatar Cloud Engine (ACE) has been revealed, allowing developers to create custom AI models for speech, conversation, and animation. NVIDIA claims that ACE for Games will “give non-playable characters conversational skills so they can respond to questions with lifelike personalities that evolve”.

Related Topics:Artificial Intelligence NVIDIA

Up Next

UAE Reveals New AI Government Services Chatbot

Don't Miss

WhatsApp Rolls Out Screen Sharing Beta For Android

Click to comment

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

2 days ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.