Liftr Insights, a pioneer in market intelligence driven by unique data, has revealed a strong growth of AI in the cloud when it comes to AI options and AI costs.
The quarter is not over, but Liftr Insights data is already showing strong signs for AI in Cloud in Q4. The number of unique AI instances types has increased 11.3% over the last three months. Liftr Insights data show the bulk of this growth began in the second half of September 2024.
While the power and performance of AI accelerators has increased sharply over the past few years, so has the price. The recent average price per AI accelerator core was $2.75, up from a low point of $2.30 at the end of 2023, and the highest point since the end of 2020 according to detailed Liftr Insights’ half a decade of historical records.
“We work with corporate clients to find the right type of data to enable them to make and support financial decisions,” says Tab Schadt, CEO of Liftr Insights. “They need to know about comparative offerings, global availability, and, of course, prices to improve their bottom lines.”
While the bulk of instances are based on NVIDIA, Liftr Insights data expose the presence AMD has begun making with its MI300X in specific regions of the globe. Liftr customers also see instances by Intel and Qualcomm as well as home-grown AI instances by AWS and Google.
“Smart analysts leverage objective data about AI,” says Schadt. “Liftr Insights offers the precise intelligence they need.”
The data also show where growth is happening. For example, the number of types of AI instances has increased by 9.1% in Africa since the end of 2023, and the price per AI GPU has increased from $2.39 to $3.18 throughout that period. This is significantly higher than the rates closer to $2.00 only a few years prior.
“Corporations making financial decisions about AI infrastructure seek this type of information,” says Schadt. “They want reliable, objective sources to finalize their budgets and forecasts. They only wish they had Liftr Insights data sooner.”
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