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ActivePort (ASX:ATV) and Radian Arc collaborate to bolster AI capabilities

ASX News, Technology
ASX:ATV      MCAP $9.977M
10 July 2023 13:41 (AEDT)

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ActivePort (ATV) and Raiden Arc have expanded their relationship to accelerate artificial intelligence (AI) deployment within the telecommunications industry.

The collaboration is leveraging Radian’s advanced-micro-device (AMD) GPU platform, to offer GPU-as-a-Service (GaaS) for AI, which has already been installed in a rapidly expanding network of more than 50 telco customers worldwide.

Through a combination of Radian’s industry-leading telco infrastructure solutions and ActivePort’s state-of-the-art orchestration technology, the two companies are poised to transform the way telcos and enterprises approach AI model training and deployment.

The groundbreaking partnership will enable telcos and their enterprise customers to easily deploy AI models within their networks, resulting in low-latency AI solutions.

“AI models that enhance service delivery for telecommunications carriers and their customers or process video in real-time are particularly suited to the technology we are deploying to more than 50 telcos worldwide for Radian Arc,” ATV Chair and CEO Peter Christie said.

“ActivePort’s orchestration software makes that platform readily available for telco customers to consume GPU and FPGA capacity for AI as a service, we are seeing a significant uptick in demand for AI processing capacity and are perfectly positioned to deliver into that demand immediately.”

The first customers leveraging the combined software are already planning the deployment of large language models (LLMs) for customer service applications, which adds significant potential for new revenue within ActivePort.

ATV shares were up 9.38 per cent, trading at 10.5 cents at 1:40 pm AEST.

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