The #AIEye: Gopher (OTCQB: $GOPH) Releases Avant! #AI Mobile App for Android and iOS and FICO (NYSE: $FICO) and Equifax (NYSE: $EFX) Form Strategic Partnership
Global Legaltech AI Market to Make $37.858 Billion by 2026 at CAGR of 35.94%
Point Roberts WA, Vancouver BC – March 28, 2019 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence.
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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Global Legaltech AI Market to Make $37.858 Billion by 2026 at CAGR of 35.94%
A new report from Zion Market Research finds that global legaltech AI market is set to generate $37.858 billion by 2026 at a compound annual growth rate (CAGR) of 35.94 percent from 2019-2026. An excerpt from the report analysis reads:
Artificial intelligence (AI) is increasingly transforming the field of law practice. Many legal professionals are aware that AI can significantly reduce cost and time while increasing accuracy. AI plays an important role in faster and better delivery of certain legal services at an economical cost. Various corporate law firms and legal departments are implementing AI for the standardization and review of documents. AI in the legal context is defined as technologies that are intelligent but have certain defined functions. The rising funding for AI and the growing AI adoption in legal firms are major factors driving the global legaltech artificial intelligence market growth in the upcoming years. Additionally, rising acquisitions and mergers in the legaltech industry are also fuelling the global legaltech artificial intelligence market. However, the regular need for software updates and high-cost of technologies may hamper the global legaltech artificial intelligence market over the estimated timeline.
Gopher Releases Avant! AI Mobile App for Android and iOS and FICO and Equifax Form Strategic Partnership
Stocks discussed: (OTCQB:GOPH) (NYSE:FICO) (NYSE:EFX)
Gopher Protocol Inc. (OTCQB:GOPH) has released the mobile version of its Avant! AI app for Android and iOS. The app is synchronized with the web application at https://www.avant-ai.net/. Gopher CTO Dr. Danny Rittman said:
"We are glad to offer our Avant! AI mobile application in order to enable users with a handy Q/A system wherever they go. Now users can ask Avant! AI about any topic, anywhere in the world and have the convenience of getting a quick answer directly on their mobile phones. There is no need to perform a topic search and look at site after site for the best answer. Simply ask Avant! AI, and it will do the search for you, giving you the best answer!”
“In the near future we'll enable more features for the application, including personal training capabilities. This feature will virtually enable users to create their own, private, mobile data bank or a personal encyclopedia, with the system learning how to find the best result for each individual user.”
FICO (NYSE:FICO) has announced a strategic partnership with Equifax, Inc. (NYSE:EFX), in which the two companies will introduce the Data Decisions Cloud, an end-to-end data and analytics suite. FICO CEO William J. Lansing commented:
"Our common mission is to empower financial institutions to leverage data-driven decisioning in all their customer interactions. With this strategic partnership, FICO and Equifax will help organizations operationalize the best data with unparalleled predictive analytics and applied AI, and do so in a streamlined and cost-effective way."
Sam Mowers, Investorideas.com
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