Pentanet Limited (ASX:5GG) in partnership with Canopus Networks and UNSW Sydney, has successfully obtained federal government funding to develop innovative AI-enhanced network performance solutions to support cloud gaming.
The $2 million research grant from the Australian Government’s Cooperative Research Centre Project (CRC-P) as part of round 14 of the CRC-P grants will support the project titled “Growing Australia’s Cloud Gaming Industry with AI-Assisted Network Boost.”
Cloud gaming is a transformative technology that leverages powerful cloud servers to render graphics and streams them to users on any supported device via high speed, low latency connectivity.
To optimise the delivery of cloud gaming services on Australia’s digital infrastructure, Canopus Networks, Pentanet, and UNSW will collaborate closely on the design and implementation of the innovative solution that employs artificial intelligence (AI) to dynamically optimise network performance for a seamless cloud gaming experience.
Key areas of focus for the project include the development of tailored AI algorithms for precise gaming experience measurement, user interface integration with dynamic network provisioning, real-time adjustments for bandwidth, and frameworks for validation and accounting.
Pentanet currently holds an 11.45% stake in Canopus Networks. The company will leverage its network infrastructure to provide the project’s necessary measurement and enhancements for cloud gaming.
Stephen Cornish, managing director of Pentanet, said the project aligns perfectly with the Company’s vision of fueling the growth of the gaming industry through cutting-edge technology.
“By collaborating with Canopus Networks and UNSW, we are confident that we can elevate the cloud gaming experience for subscribers on our CloudGG platform.”
Pentanet is already building strong foundations as a leader in Australia’s cloud gaming industry. As the exclusive partner of NVIDIA’s GeForce NOW cloud gaming, the company has seen strong growth on the platform with over 380,000 members streaming over 332 million minutes of game time since launch in October 2021.
In March 2023, the Ccompany announced an agreement with Optus Mobile Pty Ltd to deliver the NVIDIA GeForce NOW cloud gaming service to Optus customers via subscription management platform, SubHub. The agreement marked a significant milestone towards the company’s goal of commercialising GeForce NOW with the introduction of Pentanet’s first large-scale wholesale partner.