The
#AIEye: IBM ( $IBM) to Invest $50 Million in Research With Hospital and Medical
Center and Qualcomm ($QCOM)
Global
#AI Chipset Market to Approach $13.4 Billion USD by 2023
Point Roberts WA , Vancouver BC – February 14, 2019 –
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Artificial Intelligence (AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Global
AI Chipset Market to Approach $13.4 Billion USD by 2023
Mind Commerce has published new research via In For Growth,
indicating that the global AI chipset market will approach $13.4 billion USD by
2023, with the US generating over $3.5 billion. An excerpt from the report
summary reads:
The
AI chipset marketplace is poised to transform the entire embedded system
ecosystem with a multitude of AI capabilities such as deep machine learning,
image detection, and many others. This will also be transformational for
existing critical business functions such as Identity management,
authentication, and cybersecurity.
Multi-processor
AI chipsets learn from the environment, users, and machines to uncover hidden
pattern among data, predict actionable insight, and perform actions based on
specific situations. AI chipsets will become an integral part of both AI
software/systems as well as critical support of any data-intensive operation as
they drastically improve processing for various functions as well as enhance
overall computing performance.
IBM
to Invest $50 Million in Research With Hospital and Medical Center and
Qualcomm, Accenture and Kellogg Team to Develop VR Merchandising Solution
Stocks
discussed: (NYSE:IBM) (NasdaqGS:QCOM) (NYSE:ACN) (NYSE:K)
IBM, (NYSE:IBM) through Watson Health, plans to invest $50 million in research
collaborations with Brigham and Women's Hospital, a teaching hospital of
Harvard Medical School, and Vanderbilt University Medical Center - to advance
the science of artificial intelligence (AI) and its application to major public
health issues. Work with the two institutions will concentrate on developing
solutions to health issues best suited for AI. Kyu Rhee, M.D., M.P.P., vice
president and chief health officer at IBM Watson Health, commented:
"Building on the MIT-IBM Watson Lab
announced last year, this collaboration will include contributions from IBM
Watson Health's long-standing commitment to scientific research and our belief
that working together with the world's leading institutions is the fastest path
to develop, advance, and understand practical solutions that solve some of the
world's biggest health challenges.”
QUALCOMM Incorporated (NasdaqGS:QCOM)
subsidiary Qualcomm Technologies, Accenture (NYSE:ACN) and Kellogg Company (NYSE:K) are collaborating to develop and pilot a
virtual reality merchandise solution. The VR merchandising solution utilizes a
Qualcomm VR reference design headset, powered by Qualcomm Snapdragon 845 Mobile
VR Platform and is developed by the Accenture Extended Reality (XR) practice.
Testing was done in collaboration with Kellogg around the launch of their Pop
Tarts Bites product. Raffaella Camera, global head, Innovation & Market
Strategy, Accenture Extended Reality, explained the tech:
“Our
VR merchandising solution has the potential to transform product placement by
examining consumer buying behavior in a holistic way. By combining the power of
VR with eye-tracking and analytics capabilities, it allows significant new
insights to be captured while consumers shop by monitoring where and how they
evaluate all products across an entire shelf or aisle. Ultimately, this enables
product placement decisions to be made that can positively impact total brand
sales, versus only single product sales.”
Sam
Mowers, Investorideas.com
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