Edge AI is not intended to replace cloud computing, but to complement and improve it. The first way it does this is by improving latency. Currently, if a device makes a data request on a 4G or 5G network it is received by a cellular tower, and then is passed on to a data server somewhere within the network. Latency – The time it takes for the data to reach the servers and back to your phone – is fast (somewhere in the 10-20 millisecond range for 5G at the moment) but there remains a delay. As data volume increases, the latency often increases with it. The applications of edge AI have been noticed already by business and industry leaders. Pitchbook notes that investment in the edge computing semiconductor industry has grown by 74% over the last 12 months, bringing the total investment to $5.8 billion. The median post-money valuation of companies in this niche grew by 110.2% in the same timeframe to $1.05 billion.
https://venturebeat.com/2021/12/21/faster-safer-more-efficient-data-processing-with-edge-ai/
