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NEXT GENERATION COMPUTING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Next Generation Computing Market, By Technology (Quantum Computing , Neuromorphic Computing , Molecular Computing , Optical Computing , and Spintronics), By Application (Artificial Intelligence and Machine Learning , Cryptography and Cybersecurity , Simulation and Modeling , Scientific Research , and Others), By End User (IT and Telecommunication , Healthcare , Aerospace and Defense , BFSI , and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Key Developments

  • In September 2023, Microsoft, a global technology leader, unveiled a new generative AI features across its platforms, including Windows, Edge, Bing, and Microsoft 365. Additionally, the company introduced two new laptops powered by a redesigned Microsoft Copilot, a unified AI assistant designed to help users navigate seamlessly across applications, operating systems, and devices. This initiative aims to enhance productivity and streamline workflows for users by integrating advanced AI capabilities into everyday tasks.
  • In June 2023, Moody's Corporation, a global integrated risk assessment firm, and Microsoft announced a strategic partnership to co-create next-generation data, analytics, research, collaboration, and risk solutions for the financial services industry. This collaboration aims to enhance insights into corporate intelligence and risk assessment by leveraging Microsoft's Azure OpenAI Service, Microsoft Fabric, and Microsoft Teams, combined with Moody's proprietary data, analytics, and research.
  • In March 2023, Intel's Habana Labs, a division focused on AI and deep learning technologies, launched its second-generation AI processors designed for training and inference. This new lineup includes the Gaudi2 and Greco processors, which significantly enhance performance and efficiency for AI applications.
  • In November 2021, IBM, a leading global technology company, announced the launch of its 127-qubit quantum processor called 'Eagle.' This breakthrough processor represents a major step forward in harnessing the immense computational power of quantum physics-based devices.

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