#Kinesis Network #AI Infrastructure #Serverless Computing

Kinesis Network Launches Game-Changing Serverless Feature

On November 25, 2024, Kinesis Network, a leading compute optimization platform, made headlines with the introduction of a revolutionary serverless feature. Designed specifically for enterprises, this new solution aims to address a growing concern—the shortage of computing power critical for AI infrastructure.

Addressing the Compute Shortage

As the demand for artificial intelligence continues to rise, organizations face a significant increase in their need for high-performance computing resources. Conventional cloud computing solutions often fall short, leading to elevated costs and complications when managing large workloads. Kinesis Network’s innovative serverless feature allows businesses to seamlessly run workloads across a dynamic, multi-cloud environment without the burden of traditional infrastructure management.
By utilizing this feature, companies can now streamline their operations, drastically reduce costs, and ensure access to a highly scalable, always-on computing service.

The Kinesis platform is built to facilitate the pooling and redistribution of idle computer capacity. This eliminates the constraints typically associated with a lack of computing resources and offers a fully managed, highly secure, and cost-effective computing environment. According to Kinesis Network, clients can achieve savings of up to 90% on computing expenses compared to other providers, making this solution an attractive option for cost-conscious enterprises.

The Growing Need for AI Infrastructure

With the mounting pressures of data-intensive research and the continuous uprising of AI applications, the demand for affordable and accessible computing power has reached unprecedented levels. The shortage particularly affects the availability of GPU resources, which are pivotal for AI and machine learning tasks. Kinesis Network positions itself as a groundbreaking solution provider by linking underutilized GPU resources with a more affordable, scalable cloud computing option.

Kinesis Network was not established overnight. Founded by a cadre of industry experts, including CEO Baris Saydag and COO Hamza AK, both of whom boast extensive backgrounds from tech giants like AWS and Microsoft, the platform has rapidly gained traction in the competitive landscape of compute services. Together with Bina Khimani, Chief Product and Revenue Officer, their expertise is an asset that enhances Kinesis's commitment to improving access to computing resources.

Impacting Various Industries

The implications of Kinesis's serverless feature are far-reaching. Current estimates suggest AI-centric companies allocate up to 67% of their budgets to infrastructure. As the need for AI-related infrastructure is projected to soar to $400 billion by 2027, Kinesis presents a sustainable avenue to overcome the computing shortage while significantly trimming costs. The platform has captured interest from various sectors, including Fortune 500 firms, academic institutions, and open-source research initiatives.

Partnerships and Real-World Applications

One notable collaboration is with Rare Compute, an innovative biotech company spearheading research into rare diseases. Stanley Bishop, Head Scientist at Rare Compute, indicated that their partnership enables them to advance generative AI developments in genomics, alleviating infrastructure-related bottlenecks. Other clients include Makoro.ai, a provider of digital transformation solutions, and nCorium, which supplies critical real-time insights to airport operators.

According to Saydag,