Besides PhysX, video transcoding will be one of the first applications that will hugely benefit from GPGPU computing. TG Daily writes CyberLink's new PowerDirector 7 Ultra software has support for GPU-accelerated video transcoding and the results are pretty impressive, CyberLink states GPU acceleration makes it possible to compress four full-length HD movies to your iPod in half an hour:
Shuichi Takagi, CyberLink's vice president of of business development ran a demonstration on a just launched ATI Radeon 4850 512 MB, proving that the hardware and software is capable of converting four HD MPEG-2 movies into MPEG-4 simultaneously - in real time. According to Shuichi, it will take about 30 minutes to process four full-length movies and compress them into handheld-friendly 200+ MB files.
The PowerDirector 7 Ultra software is available now for $120.