Domino Data Lab Inc. has launched enhanced capabilities in its Domino Cloud platform to improve the scalability and cost-effectiveness of AI applications. This software-as-a-service platform is extensively used by major companies like Bayer AG and Moody’s Corp. for machine learning projects, automating AI model deployment, and performance monitoring. Key features of the update include new autoscaling capabilities and a compute grid tool, which aim to reduce uncontrolled infrastructure spending and optimize resource utilization. Furthermore, Domino introduces an application discovery tool to help organizations maximize their AI investments. Notably, support for spot instances enables significant cost savings of up to 60%, addressing the issue of underutilized resources. With secure data plane technology, customers can efficiently manage their AI deployments while complying with data sovereignty requirements. These updates are expected to accelerate AI adoption by delivering faster, more cost-effective AI solutions for enterprises.
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