The #AIEye Episode 360: Patriot One’s (TSX: $PAT.TO) (OTC: $PTOTF) Xtract AI Secures $150K Grant for #AI Donation/Transplant Solution and Accenture (NYSE:$ACN) Completes Acquisition of French AWS (NasdaqGS: $AMZN) Company Gekko
Global Image Recognition Market to Reach $81.88 Billion by 2026
Point Roberts WA, Vancouver BC – June 2, 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/06021AIEye-PAT-ACN-AMZN-Gekko.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (TSX:PAT) (OTC:PTOTF) (FRANKFURT:0PL) (NYSE:ACN) (NasdaqGS:AMZN)
Xtract Technologies Inc, a wholly-owned subsidiary of Patriot One Technologies Inc. (TSX:PAT) (OTC:PTOTF) (FRANKFURT: 0PL), has secured a $150,000 CAD grant with Health Canada to use AI to improve success rates of organ donation and transplantations within Canada. According to the press release, “Xtract AI will develop a semi-automated deep learning system to identify the best potential for donor-recipient matches for kidney transplantation. Building on publicly available data, these matches will be labeled as a “good” or “bad” based on the organ survival times. This dataset will then be used to train a model which can be used for identifying better matches. This system can be used to identify a confidence score for all of the possible matches and will be ranked to identify optimal donors for a given recipient.” Elliot Holtham, a founder at Xtract AI, said:
“This is exciting work for a very important issue. Deep learning algorithms are highly generalizable and we hope our model may be expanded to other organ transplants, as needed.”
Accenture (NYSE:ACN) has completed its acquisition of French Amazon Web Services (AWS) (NasdaqGS:AMZN) cloud services company Gekko. According to the press release, this acquisition “strengthens Accenture's leadership position in cloud and artificial intelligence,” and “extends its ongoing relationships with key technology providers.” At the time the acquisition was originally announced, on April 20, 2020, Roland Esnis and Julien Favre, co-founders and CEOs of Gekko, explained:
"In the fast-growing cloud market, joining Accenture would be a unique opportunity to help even more organizations to leverage journey to the cloud for accelerating their digital transformations, growing their businesses and improving customer experiences. By combining the renowned talent, reputation and capabilities of Gekko with Accenture’s strong team of AWS practitioners in France, we would be better positioned to lead the industry in cloud services in France."
Global Image Recognition Market to Reach $81.88 Billion by 2026
A report from Fortune Business Insights finds that the global Image Recognition market will grow from $20.19 billion in 2018 to $81.88 billion by 2026 with a compound annual growth rate (CAGR) of 19.6 percent in the forecast period. The report indicates that this market is driven, in part, by “advancements in artificial intelligence and machine learning.” An excerpt from the report summary outlines some factors influencing the market’s growth:
Increasing demand for facial recognition solutions and cloud-based services are the factors expected to provide growth opportunities for the global image recognition market during the forecast period. The increasing pace of technological advancements in facial recognition solutions is providing ample growth opportunities in several industry areas. Moreover, the use of facial recognition technology for surveillance, and to track criminal activities in public places is expected to increase due to a wide application of image recognition technology in law enforcement.
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