The #AI Eye: Watching stock and industry news - (OTCQB: $GOPH) (NasdaqGS: $BIDU) (NasdaqGS: $CSCO) (NasdaqGS: $LOGM)
Gopher Protocol Developing Semantic Proximity System for Avant!, Baidu Partners with Volvo, Cisco Launches IT Index and LogMeIn Introduces New AI Features to Bold360
Point Roberts, WA and Vancouver, BC - November 1, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) , in partnership with Gopher Protocol's (OTCQB: GOPH). Avant! , the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
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The #AI Eye: Watching stock and industry news - (OTCQB: $GOPH) (NasdaqGS: $BIDU) (NasdaqGS: $CSCO) (NasdaqGS: $LOGM)
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
New Report on AI in the Energy Market Indicates 49 Percent CAGR and $6.06 Billion USD in Incremental Growth
A new market research report from Technavio indicates that global artificial intelligence in the energy market will grow at a compound annual interest rate of 49 percent from 2019 to 2023. In that period, the report projects incremental growth of $6.06 billion USD. Contributing to this is increasing adoption of cloud-based AI solutions to enhance the capabilities of existing systems, and the growing popularity of AI-as-a-service (AIaaS). Another factor, according to the report, is the growing demand for data integration and visual analytics.
Gopher Protocol Developing Semantic Proximity System for Avant!, Baidu Partners with Volvo, Cisco Launches IT Index and LogMeIn Introduces New AI Features to Bold360
Stocks discussed: (OTCQB:GOPH) (NasdaqGS:BIDU) (NasdaqGS:CSCO) (NasdaqGS:LOGM)
Gopher Protocol Inc. (OTCQB:GOPH) has started developing an advanced semantic proximity system for Avant! AI. In response to a preponderance of data constantly being generated, semantic proximity - which calculates the semantic "distance" between two entities within a sentence - helps to extract the relevant structural knowledge and meanings in textual analytics. Gopher CTO Dr. Danny Rittman explains the new development:
"We are creating a new world of textual, verbal and multimedia analytics and recognition systems. One of the main problems that emerges in the classic approach to semantics is the difficulty in acquisition and maintenance of ontologies and semantic annotations. Especially in our advanced world, when almost everything is done via verbal commands, it is important to enable ease of use and user friendly interface."
Baidu, Inc. (NasdaqGS:BIDU) has teamed up with Volvo Cars to develop Level 4 autonomous driving passenger cars for the Chinese market. President and chief executive of Volvo Cars, Håkan Samuelsson, commented on the strategic partnership:
"With Baidu, we take a big step forward in commercialising our autonomous compatible cars, built on Volvo's industry-leading safety technology. There is a strong development in autonomous drive in China, where Baidu is a leading player, and the market there offers huge opportunities for us as the supplier of choice for autonomous fleets."
Cisco Systems, Inc. (NasdaqGS:CSCO) has launched its IT Operations Readiness Index, which surveyed over 1500 senior IT leaders from across the globe to understand where organizations are on their IT operations transformation journey. Joseph Bradley, Cisco's Global Vice President, IoT, Blockchain, AI, and Incubation Business commented on the index:
"Gone are the days of IT leaders relying on past monthly reports and hours upon hours of manual operational tasks to deliver results in the face of growing infrastructure complexity. Instead, fueled by data and empowered by automation, IT can operate in real-time, be predictive, and rely on detailed data to have a true seat at the table, delivering strategic value for their organization and for their customers."
LogMeIn, Inc. (NasdaqGS:LOGM) has introduced "proactive AI and language features" to its Bold360 software platform. The new development expands use cases and will help companies build a highly personalized and relevant customer experience.
Sam Mowers, Investorideas.com
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Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
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