AI Accelerator Revenues Soar 130 Percent in 3Q 2024, According to Dell'Oro Group [Yahoo! Finance]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance
Dec. 19, 2024 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, revenue for accelerators, consisting of GPUs and custom accelerators, increased by 130 percent in 3Q 2024. The US hyperscalers?Amazon, Google, Meta, and Microsoft?are set to deploy over 5 million AI training-capable accelerators in 2024. Dell'Oro Group Logo. (PRNewsFoto/Dell'Oro Group) "Demand for accelerators has been growing at a breakneck pace as the hyperscalers race to deploy infrastructure for the training and inference of large language models," said Baron Fung , Senior Research Director at Dell'Oro Group. "In addition to commercially available GPUs, the US hyperscalers are also increasing their deployment of AI infrastructure with custom accelerators. As large language models continue to grow in size, driving the need for larger compute clusters, hyperscalers are acc
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