The article discusses the growing investment in artificial intelligence (AI) by venture capital firms and big tech companies, with a focus on AI data centers. Avant Technologies, Inc. has entered into a Binding Letter of Intent to purchase high-performance, immersible, AI-powered servers from Flow Wave, LLC. The global AI market is expected to grow at a CAGR of 41.8% through 2031, while the global data center market is projected to reach US$536.38 billion by 2030.
