The #AIEye: IBM (NYSE: $IBM) Joins I.AM+ for Ethical #AI Adoption, Accenture (NYSE: $ACN), Qualcomm (NasdaqGS: $QCOM) and InterContinental Hotels (NYSE: $IHG) Collaborate for Event Planning, HPE (NYSE: $HPE) Selected by Zenuity for AI in Autonomous Driving Systems
Mobile AI Market to Reach $9.68 Billion by 2025
Point Roberts WA, Vancouver BC – January 22, 2020 – 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/2020/artificial-intelligence/01221AIEye-IBM-ACN-QCOM-IHG.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:IBM) (NYSE:ACN) (NasdaqGS:QCOM) (NYSE:IHG) (NYSE:HPE)
IBM (NYSE:IBM) has joined I.AM+, a tech company founded by musician and entrepreneur will.i.am (from the Black Eyed Peas) with the aim of accelerating ethical AI adoption. The collaboration will see the deployment of I.AM+'s Omega AI platform leveraging IBM’s Red Hat OpenShift. will.i.am explained:
"Delivering AI solutions to industries like retail and entertainment, where personal data is everywhere, it was a top priority to find a cloud provider with deep roots in security, trust and transparency; we got that with IBM public cloud. Combined with Red Hat OpenShift, we have the right partners to help us scale the use of AI in a responsible and transparent way."
Accenture (NYSE:ACN) and Qualcomm Incorporated (NasdaqGS:QCOM) have announced a collaboration with InterContinental Hotels Group (NYSE:IHG) for a solution leveraging augmented and virtual reality to reinvent the event planning experience. The endeavor will see the use of the Accenture Extended Reality (XR) practice, which employs AI and IoT tech. Jeff Edwards, senior vice president, Global Hotel & Owner Solutions, InterContinental Hotels Group, explained:
"Collaborating with Accenture and Qualcomm Technologies on the XR Event Planner pilot has demonstrated the power of augmented and virtual reality technologies in hotels. This tool equips hotels, such as InterContinental Los Angeles Downtown, to close event sales even faster and increase productivity, while simultaneously helping clients experience event spaces without having to travel, in a new, dynamic way that brings the event to life during the planning process."
Hewlett Packard Enterprise Company (NYSE:HPE) has been selected by self-driving and assisted driving cars software developer Zenuity for its artificial intelligence (AI) and high-performance computing (HPC) infrastructure for autonomous driving systems. Antonio Neri, Chief Executive Officer, HPE, commented:
"The paradigm shift we’ve seen in the past few years has been remarkable, with autonomous vehicles presenting the biggest opportunity we’ve seen in decades to disrupt and revolutionize the automotive industry. To meet this challenge, optimizing the convergence of HPC, data analytics and artificial intelligence is vital.”
Mobile AI Market to Reach $9.68 Billion by 2025
A report from Research and Markets finds that the Mobile Artificial Intelligence market will grow from $2.14 billion in 2019 to $9.68 billion in 2025 with a compound annual growth rate (CAGR) of 28.65 percent in the forecast period. An excerpt from the report description reads:
● Rise of cognitive computing and the growing number of AI applications is driving the market. It is technologies like AI and ML that enable cognitive computing systems to analyze a tremendous volume of data and generate insights and use them as a learning experience to give optimized results. More and more industries and organizations are leveraging cognitive solutions to enhance their operations like data volume, insight generation, action planning and management, which increases productivity.
● Premium pricing of AI processors is restraining the market. AI platform charges for training the models and for getting predictions with the high cost of the AI chip, which increase the cost of processors.
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