![](//www.4rfv.com/4rfv_news_images/nvidia_scripts/3T0BD60AAAE3_0.jpg)
Across industries, AI is supercharging innovation with machine-powered computation. In finance, bankers are using AI to detect fraud more quickly and keep accounts safe, telecommunications providers are improving networks to deliver superior service, scientists are developing novel treatments for rare diseases, utility companies are building cleaner, more reliable energy grids and automotive companies are making self-driving cars safer and more accessible.
The backbone of top AI use cases is data. Effective and precise AI models require training on extensive datasets. Enterprises seeking to harness the power of AI must establish a data pipeline that involves extracting data from diverse sources, transforming it into a consistent format and storing it efficiently.
Data scientists work to refine datasets through multiple experiments to fine-tune AI models for optimal performance in real-world applications. These applications, from voice assistants to personalized recommendation systems, require rapid processing of large data volumes to deliver real-time performance.
As AI models become more complex and begin to handle diverse data types such as text, audio, images, and video, the need for rapid data processing becomes more critical. Organizations that continue to rely on legacy CPU-based computing are struggling with hampered innovation and performance due to data bottlenecks, escalating data center costs, and insufficient computing capabilities.
Many businesses are turning to accelerated computing to integrate AI into their operations. This method leverages GPUs, specialized hardware, software, and parallel computing techniques to boost computing performance by as much as 150x and increase energy efficiency by up to 42x.
Leading companies across different sectors are using accelerated data processing to spearhead groundbreaking AI initiatives.
Finance Organizations Detect Fraud in a Fraction of a Second Financial organizations face a significant challenge in detecting patterns of fraud due to the vast amount of transactional data that requires rapid analysis. Additionally, the scarcity of labeled data for actual instances of fraud poses a difficulty in training AI models. Conventional data science pipelines lack the required acceleration to handle the large data volumes associated with fraud detection. This leads to slower processing times that hinder real-time data analysis and fraud detection capabilities.
To overcome these challenges, American Express, which handles more than 8 billion transactions per year, uses accelerated computing to train and deploy long short-term memory (LSTM) models. These models excel in sequential analysis and detection of anomalies, and can adapt and learn from new data, making them ideal for combating fraud.
Leveraging parallel computing techniques on GPUs, American Express significantly speeds up the training of its LSTM models. GPUs also enable live models to process huge volumes of transactional data to make high-performance computations to detect fraud in real time.
The system operates within two milliseconds of latency to better protect customers and merchants, delivering a 50x improvement over a CPU-based configuration. By combining the accelerated LSTM deep neural network with its existing methods, American Express has improved fraud detection accuracy by up to 6% in specific segments.
Financial companies can also use accelerated computing to reduce data processing costs. Running data-heavy Spark3 workloads on NVIDIA GPUs, PayPal confirmed the potential to reduce cloud costs by up to 70% for big data processing and AI applications.
By processing data more efficiently, financial institutions can detect fraud in real time, enabling faster decision-making without disrupting transaction flow and minimizing the risk of financial loss.
Telcos Simplify Complex Routing Operations Telecommunications providers generate immense amounts of data from various sources, including network devices, customer interactions, billing systems, and network performance and maintenance.
Managing national networks that handle hundreds of petabytes of data every day requires complex technician routing to ensure service delivery. To optimize technician dispatch, advanced routing engines perform trillions of computations, taking into account factors like weather, technician skills, customer requests and fleet distribution. Success in these operations depends on meticulous data preparation and sufficient computing power.
AT&T, which operates one of the nation's largest field dispatch teams to service its customers, is enhancing data-heavy routing operations with NVIDIA cuOpt, which relies on heuristics, metaheuristics and optimizations to calculate complex vehicle routing problems.
In early trials, cuOpt delivered routing solutions in 10 seconds, achieving a 90% reduction in cloud costs and enabling technicians to complete more service calls daily. NVIDIA RAPIDS, a suite of software libraries that enables acceleration of data science and analytics pipelines, further accelerates cuOpt, allowing companies to integrate local search heuristics and metaheuristics like Tabu search for continuous route optimization.
AT&T is adopting NVIDIA RAPIDS Accelerator for Apache Spark to enhance the performance of Spark-based AI and data pipelines. This has helped the company boost operational efficiency on everything from training AI models to maintaining network quality to reducing customer churn and improving fraud detection. With RAPIDS Accelerator, AT&T is reducing its cloud computing spend for target workloads while enabling faster performance and reducing its carbon footprint.
Accelerated data pipelines and processing will be critical as telcos seek to improve operational efficiency while delivering the highest possible service quality.
Biomedical Researchers Condense Dru
Most recent headlines
04/08/2024
Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....
26/07/2024
by Ianeta Le'i
I honestly don't remember the first time I met Bryson Ch...
26/07/2024
(L-R) Louise (Karen Gillan) and Antonina (Margaret Sophie Stein) strike up an un...
26/07/2024
Last month, Spotify's annual Songs of Summer predictions made their return, ...
26/07/2024
Summer is peak season for some of our favorite sports and events. Whether you're rooting for the home team at the ballpark or cheering for your country as i...
26/07/2024
Nine talented young professionals completed their vocational training at SGL Carbon in Meitingen from the beginning of June to mid-July, achieving an overall gr...
26/07/2024
Orders1 of $5.2 billion; book-to-bill of 1.0x
Revenue of $5.3 billion, up 13%
...
26/07/2024
(Editor's note: TVTech reached out to several station groups to determine the impact of the CrowdStrike outage on operations. Many, including NextStar Media...
26/07/2024
NEWPORT BEACH, Calif. Bitcentral has integrated Pixalate's ad fraud protection, privacy and compliance analytics solution Post-Bid Analytics and Reporting i...
26/07/2024
Aldous Huxley's classic novel Brave New World is a science fiction thriller set in a murky future with a highly ordered society. While Huxley and other sc...
26/07/2024
Hollyland Adds Pyro 7 All-in-one Video Monitor, TX and RX to Pyro Series
Brie Clayton July 26, 2024
0 Comments
Seven-inch 2.4/5GHz wireless monitor wi...
26/07/2024
Geddy Lee Asks Are Bass Players Human Too? Graded Using DaVinci Resolve Studio
Brie Clayton July 26, 2024
0 Comments
Blackmagic today announced that t...
26/07/2024
Another reminder of the popularity of ad-supported connected TV comes in a survey by Premion and Advertiser Perceptions which found that 61% of the marketers th...
26/07/2024
Nielsen's Gracenote unit said it is selling its metadata about the content of television shows and movies for use in targeting connected-TV advertising camp...
26/07/2024
CBS premieres 13 Days in Ferguson, a special about the aftermath of a police shooting of a young Black man in 2014, on Friday, August 9. The special features Ce...
26/07/2024
Disney and Warner Bros. Discovery announced the launch of their long-awaited premium streaming bundle for the United States. For $16.99 per month, subscribers w...
26/07/2024
It provides multi-voltage output (14.4V, 28V, and 48V) through two XLR4 outputs and one XLR3, offering power to cameras, monitors, and lighting equipment
By Je...
26/07/2024
The lawsuit submitted by investor Scott Baker claims the deal would cost Paramount shareholders $1.65 billion
By Jenny Priestley
Published: July 26, 2024
...
26/07/2024
Florida-based Video Village Miami provides on-set video assist for local commercials and music videos. Frank Collins established the outfit in 2019 after a 20-y...
26/07/2024
QuickLink, the leading global provider of multi-camera video productions and remote contribution solutions, will present QuickLink StudioPro at IBC 2024 (Stand ...
26/07/2024
Relo Metrics (formerly GumGum Sports), the leading AI-powered sponsorship analytics platform for real-time data decisions, today launched an industry-leading in...
26/07/2024
Anton/Bauer, a leading provider of mobile power systems for the film and television industry, has announced the launch of the VCLX LI 1600. The latest evolution...
26/07/2024
Bitcentral, the leading provider of professional media solutions for broadcast and digital video, today announces that it has integrated Pixalate, the ad fraud ...
26/07/2024
Cobalt Iron Inc., a leading provider of SaaS-based enterprise data protection, today announced that Secure Automated Backup with Compass , a cloud backup-as-a-s...
26/07/2024
VisualOn IBC2024 Exhibitor Preview
Sept. 13-16
Amsterdam
Stand 5.A52
As video streaming consumption surges, service providers face significant challenges wi...
26/07/2024
Quanteec
IBC2024 Exhibitor Preview
Sept. 13-16
RAI Amsterdam
Stand 1.A05
Quanteec, a global provider of video delivery technology for broadcasters, will s...
26/07/2024
Witbe
IBC2024 Exhibitor Preview
Sept. 13-16
Amsterdam
Stand 5.F84
At IBC2024, Witbe will showcase the power of its automated testing and proactive monitori...
26/07/2024
WASHINGTON, D.C. The Federal Communications Commission has announced the launch of its new Mobile Speed Test app. The new app features an enhanced user interfac...
26/07/2024
LONDON In a notable landmark for the use of cloud-based services at the Olympics, Alibaba Cloud and Olympic Broadcasting Services (OBS), has today announced the...
26/07/2024
NEW YORK As part of a $2.5 billion media rights deal with the NBA announced on July 24, NBCUniversal and the NBA have also announced an 11-year agreement for ri...
26/07/2024
BEAVERTON, Ore. Versatile Video Coding (VVC) promises to play a pivotal role in driving advancements in video compression technology, with organizations across ...
26/07/2024
COLUMBUS, Ohio The political news channel PurpleTV has expanded it reach with news that it has launched on Channel 25.1 in Columbus, Ohio on TV Station WXOH, wh...
26/07/2024
NEW YORK As part of a push into the contextual advertising business, Nielsen's Gracenote has announced that it is developing new contextual categories to gi...
26/07/2024
Puget Systems Returns to SIGGRAPH 2024 to Demonstrate its On-Premises Generative...
26/07/2024
Dreamtek Delivers Innovative A/V, Live Production and Post Workflows with Blackm...
26/07/2024
Dejero to bring even smarter' mobile internet connectivity solutions to IBC...
26/07/2024
The 2024 Paris Olympic Games are about to begin, and Capitol Broadcasting is rea...
26/07/2024
Berklee Alumni Nominated for 2024 Emmy Awards Twenty-one Berklee alumni received Emmy nominations this year for music composition, sound mixing, and sound editi...
26/07/2024
Jennifer Lyons, president and general manager of WBBM Chicago, is moving into a ...
26/07/2024
Kennan Oliphant has been named VP of news and station manager at WWJ Detroit. He will report to Jennifer Lyons, who has added a regional GM role that gives her ...
26/07/2024
Charlie Hustle & The Matter of Pete Rose, a four-part docuseries, debuts on HBO and Max July 24. The series details the life of the baseball superstar, includin...
26/07/2024
The 2024 Paris Olympic Games present a unique and exciting opportunity for local...
26/07/2024
Paris 2024: V varo Providing Live Media Transport Services for Leading Internati...
26/07/2024
Paris 2024: BBC Sport on Its Remote Production Workflow for the Summer Games By Heather McLean, SVG Europe
Friday, July 26, 2024 - 7:31 am
Print This Story...
26/07/2024
Paris 2024: BBC Sport Unveils the Olympic Storytelling and Breathtaking Scenery ...
26/07/2024
Paris 2024: Taking a Step Forwards with BBC Sport's Olympic Studio Combining...
26/07/2024
Paris 2024: Warner Bros. Discovery Sports Europe Provides a First Look at Its Ol...
26/07/2024
Live From Paris 2024: NBC Olympics Set for Historic Opening Ceremony Unilateral coverage builds on impressive OBS production as NBC dives deep into Team USA cov...
26/07/2024
Live From Paris 2024: SVG's Onsite Editorial Team Breaks Down Opening Ceremo...
26/07/2024
True-crime documentary, The Body Next Door to launch on Sky Documentaries and NO...