The #AIEye: Intel (Nasdaq: $INTC) Signs 3-Year MoU with Baidu (Nasdaq: $BIDU) and Salesforce (NYSE: $CRM) Completes Acquisition of Tableau
Global Content Intelligence Market to Reach $1.9 Billion by 2024
Point Roberts WA , Vancouver BC – August 2, 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
Stocks discussed: (NasdaqGS:INTC) (NasdaqGS:BIDU) (NYSE:CRM)
Intel Corporation (NasdaqGS:INTC) and Baidu, Inc. (NasdaqGS:BIDU) have signed a memorandum of understanding (MoU) to collaborate for three years on the latter’s core business areas. The partnership will “help Baidu deliver on its business-to-business artificial intelligence (AI) strategy” and “focuses on optimizing Intel platforms and solutions for the cloud, AI, autonomous driving (AD), 5G and edge”. An excerpt from the announcement reads:
Intel and Baidu will work closely to bring high-performance and cutting-edge capabilities to Baidu’s AI cloud, mobile search/feed, video streaming, BaiduBrain* (Baidu’s AI platform), PaddlePaddle* (Baidu’s deep learning platform), DuerOS* (Baidu’s AI-powered voice assistant platform) and Apollo* (Baidu’s autonomous driving platform).
salesforce.com, inc. (NYSE:CRM) has completed the acquisition of data visualization firm Tableau. Within salesforce, Tableau will continue to operate independently under the same moniker while accelerating its data analytics mission. Marc Benioff, Chairman and co-CEO, Salesforce
"Tableau is an extraordinary company, with an amazing product and team and an incredibly passionate community. Together we can transform the way people understand not only their customers, but their whole world—delivering powerful AI-driven insights across all types of data and use cases for people of every skill level."
Global Content Intelligence Market to Reach $1.9 Billion by 2024
A report from Research and Markets finds that the global Content Intelligence market is projected to grow from $485 million in 2019 to $1.9 billion by 2024 with a compound annual growth rate (CAGR) of 32.2 percent in the forecast period. Content intelligence is the strategy of leveraging AI to determine the efficacy of a business’s content. An excerpt outlines the services component of the market, which is expected to witness the most significant growth in the forecast period:
Various vendors offer services associated with content intelligence to effectively implement content strategies considering the nascent stage of technology adoption. Some of the services provided by vendors to its customers are training/education, support, consulting/expertise, managed services, and others. These services accelerate deployment, reduce delays, support integration, and provide custom training. The role of service holds importance as it improves the Return on Investment (RoI) and enables effective implementation of content intelligence.
Sam Mowers, Investorideas.com
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