Global AI computing capacity is doubling every 7 months (epoch.ai)

Recent analysis shows that global AI computing capacity is doubling approximately every seven months, driven by a significant annual growth of 3.3 times since 2022. This rapid expansion is largely attributed to major players in the AI chip market, with NVIDIA dominating over 60% of total compute capacity, while Google and Amazon contribute most of the rest. The findings, derived from financial data and sales reports, underscore the accelerating trend in the development of larger AI models and increased consumer adoption of AI technologies. The implications of this growth are substantial for the AI/ML community, as it indicates not only a surge in available resources for training complex models but also sets the stage for advancements in AI applications across various sectors. The analysis, based on a log-linear regression model assessing quarterly AI chip sales in H100 equivalents, does acknowledge limitations in data completeness, particularly with manufacturers that will only report figures starting in 2024. Nevertheless, the current trajectory suggests that the AI landscape will continue to evolve rapidly, reinforcing the need for innovation and adaptation as computational power scales to meet burgeoning demands.