The #AIEye: Microsoft (Nasdaq: $MSFT), Baker Hughes (NYSE: $BKR) and C3.ai Form Alliance to Bring Enterprise #AI to Energy Industry, NVIDIA (NasdaqGS: $NVDA) Introduces GPU-Accelerated Supercomputer to Microsoft Azure, AWS (Nasdaq: $AMZN) and Salesforce (NYSE: $CRM) Expand Strategic Partnership
Global #AI in Retail Market to Reach $15.3 Billion by 2025
Point Roberts WA, Vancouver BC – November 19, 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.
Listen to today’s podcast:
Read this in full at https://www.investorideas.com/news/2019/artificial-nintelligence/11191AIEye-MSFT-BKR-C3ai.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:MSFT) (NYSE:BKR) (NasdaqGS:NVDA) (NasdaqGS:AMZN) (NYSE:CRM)
Microsoft (NasdaqGS:MSFT), Baker Hughes Company (NYSE:BKR) and AI software provider C3.ai, have allied to bring enterprise artificial intelligence solutions to the energy industry on Microsoft Azure. According to the press release, the alliance “leverages the significant energy technology expertise of Baker Hughes, C3.ai’s proven AI platform and applications, and the Microsoft Azure cloud computing platform” to “streamline the adoption of scalable AI solutions for the energy industry that help promote safety, reliability, and sustainability”. Thomas M. Siebel, CEO, C3.ai, explained:
“We are witnessing a massive market shift as oil and gas businesses undergo enterprise-level digital transformation to improve efficiencies and increase safety, while simultaneously reducing environmental impact. With Microsoft’s global reach and horizontal cloud platform, Baker Hughes’s technology domain expertise, and C3.ai’s industrial AI capabilities, organizations can rapidly improve core business operations and better serve customers with AI-enabled products and services. This strategic alliance is a complete game-changer for the industry.”
NVIDIA Corporation (NasdaqGS:NVDA) has announced the availability of a new kind of GPU-accelerated supercomputer in the cloud on Microsoft Azure intended for “the most demanding AI and high performance computing applications”. Girish Bablani, corporate vice president of Azure Compute at Microsoft Corp., commented:
“As cloud computing gains momentum everywhere, customers are seeking more powerful services. Working with NVIDIA, Microsoft is giving customers instant access to a level of supercomputing power that was previously unimaginable, enabling a new era of innovation.”
Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), and Salesforce (NYSE:CRM) are expanding their global strategic partnership. Part of this involves Salesforce’s new Service Voice Cloud integrating Amazon Connect, the latter of which provides “powerful AI-powered speech analytics” directly to call centre agents through the former. Bret Taylor, President and Chief Product Officer, Salesforce, commented:
"Salesforce's growing partnership with AWS is fueled by a shared commitment to customer success. Together, we're making it easier for companies to deploy powerful AI and voice technologies to deliver smarter and faster customer service experiences. And with AWS content now on Trailhead, we are creating a path for everyone to skill up for the jobs of today and tomorrow."
Global AI in Retail Market to Reach $15.3 Billion by 2025
A report from Meticulous Research finds that the global AI in Retail market is projected to reach $15.3 billion by 2025 with a compound annual growth rate (CAGR) of 35.9 percent in the forecast period 2019-2025. An excerpt from the report description reads:
Today, in the new digital society, digital co-creation, and artificial intelligence in retail are becoming a dynamic business norms. The adoption of artificial intelligence in retail is transforming the industry in a new era of how companies track their operations to augment business strategies, provide better outcomes, and engage with customers in the digital world. The growth of the global artificial intelligence in retail market is driven by factors, such as perpetually growing internet users and smart devices, increasing awareness about AI and big data & analytics, and government initiatives towards digitization. Furthermore, adoption of multichannel or omnichannel retailing strategy, untapped opportunities to increase sales efficiency, enterprises' demands for streamlining business process, growing need to enhance end-user experience and to take advantage of market dynamics are also contributing to the growth of the global artificial intelligence in retail market.
Sam Mowers, Investorideas.com
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Contact Investorideas.com
800 665 0411
No comments:
Post a Comment