WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Technology Internet Technology Saturday, July 27, 2024 
Add Press Release News | News Feeds Feeds | Email This News Email


Touchcast Works with Microsoft on Global LLM & Cognitive Caching Infrastructure for Scaling Generative AI
Thursday, May 30, 2024

    --  Global Collaboration: Touchcast to deploy its proprietary cognitive
        caching technology across all Azure Data Centers and build multiple
        superclusters running Azure OpenAI to service customers at the highest
        level of performance at significantly lower costs by bundling LLM With
        Caching capabilities.
    --  First-ever Cognitive Content Delivery Network (cCDN): Cognitive Caching
        enables LLMs and Multi-Modal generative outputs to scale globally and
        affordably by virtue of smart edge caching with CogCache.
    --  Transforming GenAI Economics and Access: The cCDN reduces operational
        costs by up to 50%, accelerates LLM response times by up to 100X through
        intelligent caching, ensures output alignment with enterprise goals and
        values and offers a simple token-based pricing model with volume
        discounts. The cCDN also addresses the critical challenge of accessing
        the latest state-of-the-art models by providing "on tap" unlimited
        capacity.

NEW YORK, May 22, 2024 /PRNewswire/ -- Touchcast today announced the launch of one of the world's first global Cognitive Content Delivery Network (cCDN) for large language models (LLMs) available only on Microsoft Azure. The cCDN, deployed across all Azure data centers, leverages Touchcast's proprietary cognitive caching technology and regional superclusters running Azure OpenAI Service models to deliver unparalleled cost-efficiency, performance and alignment for generative AI (GenAI) workloads.

Powered by Touchcast's CogCache, this global platform intelligently caches and delivers AI generated content, drastically reducing the computational burden on LLMs while ensuring faster, more cost-effective, and aligned GenAI experiences. The collaboration addresses critical challenges in LLM access, scalability, operational costs, and compliance, further democratizing GenAI adoption across industries.

The explosive growth of GenAI has captured the attention of enterprises worldwide. With over 500,000 companies leveraging LLMs and annual spending in the billions, the generative AI market is projected to reach $1.3 trillion within the next decade at a CAGR of 42% (Bloomberg Insights). However, this unprecedented demand has exposed a critical bottleneck in computational resources, particularly GPU scarcity. Cognitive caching emerges as a game-changing approach, empowering organizations to optimize resources and achieve more with less.

Touchcast's CogCache marks a significant milestone in the evolution of AI at internet scale. This critical infrastructure enables billions of users to access generative AI-powered experiences while minimizing energy consumption and operational costs. Through this integration, customers can access a cognitive caching layer designed for GenAI workloads.

"Billions of dollars are already being wasted every year by applications asking LLM's to repeat prior operations. With Cognitive Caching that waste becomes a savings. As we enter the next era of the AI-powered web, a new class of infrastructure is critical to deliver these magical experiences at internet scale sustainably," said Edo Segal, Touchcast Founder & CEO. "CogCache is the missing link to unlock this unprecedented explosion of use cases and productivity. Avoiding the waste of repeat operations and accelerating them a hundred-fold. We are thrilled to have the support of Microsoft and its senior leadership in making this global vision a reality, prioritizing economic, environmental, and ethical considerations."

"The cCDN is poised to become a catalyst for the GenAI era, much like CDNs were for the internet in the early 2000s," said Darren Hardman, Corporate Vice President, EMEA at Microsoft. "Microsoft's collaboration underscores its commitment to driving GenAI adoption while simplifying access, accelerating performance, and reducing costs of LLM usage. Together, we are paving the way for the widespread adoption of generative AI, making it more accessible, efficient, and sustainable."

About Touchcast
Touchcast is powering the Generative Web revolution, empowering organizations to unlock the limitless potential of Generative AI through its robust GenAI stack, which delivers end-to-end capabilities from content creation to safe, optimized distribution, enabling the creation of personalized, conversational digital experiences that engage audiences and drive tangible outcomes.

View original content to download multimedia:https://www.prnewswire.com/news-releases/touchcast-works-with-microsoft-on-global-llm--cognitive-caching-infrastructure-for-scaling-generative-ai-302152231.html

SOURCE Touchcast



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav Remote.It Launches Open Source Project to Enable Easy WiFi Network Setup for Raspberry Pi Devices | Jul 26, 2024
Nav Tencent Music Entertainment Group Announces Management Change | Jul 26, 2024
Nav AXA XL establishes dedicated Middle Market and Wholesale Cyber insurance teams | Jul 26, 2024
Nav TENA Reveals America's Silent Incontinence Epidemic | Jul 26, 2024
Nav Bell Canada and ServiceNow announce expanded multi-year strategic agreement to accelerate Bell's digital transformation and leadership in AI-powered solutions | Jul 26, 2024
Nav MACH37 Opens Fall Cohort Applications for Cyber Accelerator to Discover Early Stage and Scale-Up Startups in the Cyber Ecosystem | Jul 26, 2024
Nav Satellite IoT Market to be Worth $2.48 Billion by 2031 - Exclusive Report by Meticulous Research® | Jul 26, 2024
Nav Water Data and IoT Company Divirod Joins SAS IoT Partner Ecosystem | Jul 26, 2024
Nav Subscription Based Gaming Market size is set to grow by USD 7.79 billion from 2024-2028, Enhanced features of next-generation gaming consoles to boost the market growth, Technavio | Jul 26, 2024
Nav Online Baby Products Retailing Market Market size is set to grow by USD 17.33 billion from 2023-2027, Competitive pricing and discounts on baby products boost the market, Technavio | Jul 26, 2024
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News