Friday, July 10, 2020

The #AIEye Episode 386: Renault (OTC: $RNLSY) Partnering with Google (NasdaqGS: $GOOG) Cloud for Industry 4.0 Transformation, and Durango Resources (TSXV: $DGO.V) Engages Windfall Geotek (TSXV: $WIN.V) for CARDS #AI Analysis



The #AIEye Episode 386: Renault (OTC: $RNLSY) Partnering with Google (NasdaqGS: $GOOG) Cloud for Industry 4.0 Transformation, and Durango Resources (TSXV: $DGO.V) Engages Windfall Geotek (TSXV: $WIN.V) for CARDS #AI Analysis

Global AI Platforms Market to Grow by $12.51 Billion from 2020-2024


Point Roberts WA, Vancouver BC – July 10, 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:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (OTC:RNLSY) (NasdaqGS:GOOG) (TSXV:DGO) (TSXV:WIN)

Renault (OTC:RNLSY) has announced a new industrial and technology partnership with Google Cloud, a subsidiary of Google (NasdaqGS:GOOG), to accelerate the digitization of the former’s industrial system and of Industry 4.0 transformation. According to the press release, “Google Cloud's solutions and experience in smart analytics, machine learning (ML) and artificial intelligence (AI) will enable Groupe Renault to improve its supply chain and manufacturing efficiency, its production quality, and the reduction in environmental impact through energy savings.” Thomas Kurian, CEO of Google Cloud, commented:

"The automotive industry has innovation in its DNA, and there is immense potential for digital technology to have a significant impact on production. We are proud to be partnering with Groupe Renault to help revolutionize the future of automotive manufacturing and power the next generation of supply chain excellence."

Durango Resources Inc. (TSXV:DGO) has announced that it has engaged mining and technology services company Windfall Geotek Inc. (TSXV:WIN) to “perform a CARDS analysis using artificial intelligence on its Windfall Lake, Qu├ębec land package.” The press release explains that “CARDS analysis uses AI and data mining algorithms to identify high priority targets by combining all available public and private data sets including geophysical, drill hole and geochemical data.” Marcy Kiesman, CEO of Durango, said:

“I am pleased to have Michel Fontaine [CEO of WIN.V] and his team bring their cutting edge technology to narrow our exploration focus by using the CARDS analysis on the 9,500 hectares of our claims at Windfall Lake. Our shareholders have been extremely patient waiting for exploration results this year and we are eager to implement this innovative technology as part of our exploration program at Windfall this year.”


Global AI Platforms Market to Grow by $12.51 Billion from 2020-2024

A report from Technavio finds that the global AI Platforms market will grow by $12.51 billion from 2020 to 2024 while witnessing a compound annual growth rate (CAGR) of 33 percent in that forecast period. An excerpt from the report snapshot highlights the role of governments and firms in driving the growth of the market:

Enterprises across the world are increasingly adopting AI to upgrade their IT systems and empower their workforce. Many governments are also promoting the adoption of AI-based technologies through investments and the establishment of education programs to develop a workforce with AI skills. For instance, in November 2018, Germany launched its digital strategy on AI called "AI Made in Germany" to fuel the economic and technological growth in the country. Several firms in the retail, BFSI, and manufacturing sectors are making significant investments in AI to automate business functions. They are also adopting AI bots, virtual assistants, digital payment advisers, and biometric fraud detection mechanisms to track consumer behavior and enhance their compliance with regulatory systems. The rising investments in AI by enterprises and government bodies will have a significant impact on the growth of artificial intelligence platform market size.

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

Download our Mobile App for iPhone and Android 

Contact Investorideas.com
800 665 0411


Get more Technology stock investor ideas - news, articles, podcasts and stock directories




No comments: