Minding the AI infrastructure gap

Logical Clocks, the Swedish enterprise behind Hopsworks - said to be the world’s first data platform for designing and operating machine learning and artificial intelligence (AI) applications at scale with a feature store - announces the launch of Hopsworks.ai, taking the first step into artificial intelligence and big data space in Europe.

With Hopsworks.ai, Logical Clocks brings the open-source and award-winning Hopsworks platform, originally developed through European Union and Swedish financed research, to the cloud. According to Dr. Jim Dowling, CEO at Logical Clocks and Associate Professor at KTH Royal Institute of Technology, Hopsworks.ai has the potential to become a strategically important platform in Europe, where the EU Commission aims to achieve digital sovereignty with key digital infrastructure, including platforms for big data and artificial intelligence, originated from European-owned companies.

''Europe has fallen behind in the key areas of cloud, big data, and AI, and we are at risk of digitalising our businesses and governments on platforms owned and operated by companies outside of the region. Hopsworks.ai is the first response by an European company to provide a managed platform for both Data and AI that can run on any cloud - even a future European cloud, such as the Franco-German project, GAIA-X,'' comments Dowling.

Dowling highlights that Hopsworks.ai is a full stack platform: it includes all the technologies needed to manage data and AI at large scale, thus reducing the time and costs of new AI models into production. With Hospworks, teams are able to develop, train and deploy AI applications with a ready-made, secure and governed data and processing infrastructure.

''Until now, feature stores have been the privilege of only a small number of hyperscale AI companies. For enterprises who missed the first wave and have not yet built feature stores, Hopsworks.ai enables them to make the jump to becoming data-driven,'' concludes Dowling.

Gartner report finds that, by 2028, as AI data proliferates, organisations will shift to a...
A joint effort by Fujitsu and SC Ventures aims to push quantum computing applications in financial...
JumpCloud introduces AI features that aim to enhance safe innovation and compliance, ensuring...
Worldwide AI spending is set to reach $2.52 trillion by 2026, seeing significant growth in AI...
Exploring Europe's potential for industrial transformation through investments and enhanced...
Cloudflare has acquired Human Native, an AI data marketplace, to develop tools that help creators...
AI is transforming business decisions, emphasising governance and the human-machine alliance for...
A new survey reveals the hidden costs of AI-generated outputs, suggesting that without proper...