AMD has unveiled Project 47, a rack housing 20 servers that is capable of a petaflop of compute power – an unprecedented use of space. The very impressive system, if it lives up to the claims, threatens to encroach on Intel’s dominance in the cloud, and potentially spoil Nvidia’s party for its GPU accelerator cards. AMD is trying to sew up the machine-learning market, which is going to be put to task processing data pulled from IoT devices and systems. For the IoT, and the vast amount of data that will be generated by the network edge and will require processing inside centralized cloud applications, advances in these markets are always quite relevant. In addition, the new AI-based computing applications…