Friday, July 31, 2020

The #AIEye Episode 401: Google Cloud (NasdaqGS: $GOOG) Partners with Orange for IT Infrastructure Acceleration, Windfall Geotek (TSXV: $WIN.V) Initiates CARDS AI Work Program with Gatling Exploration (TSXV: $GTR.V)

The #AIEye Episode 401: Google Cloud (NasdaqGS: $GOOG) Partners with Orange for IT Infrastructure Acceleration, Windfall Geotek (TSXV: $WIN.V) Initiates CARDS AI Work Program with Gatling Exploration (TSXV: $GTR.V)

 

Global Conversational AI Market to Reach $13.9 Billion by 2025

 


Point Roberts WA, Vancouver BC – July 31, 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.

 

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

 

Stocks discussed: (NasdaqGS:GOOG) (ORA.PA) (TSXV:WIN) (TSXV:GTR)

 

Google Cloud, a division of Google (NasdaqGS:GOOG), and Orange (ORA.PA) have announced a strategic partnership to “accelerate the transformation of Orange's IT infrastructure and the development of future cloud services, in particular edge computing.” Leveraging Google Cloud tech, including analytics and AI tools, Orange “plans to build a next-generation data analytics and machine-learning platform,” according to the press release. St├ęphane Richard, Chairman and CEO of Orange, commented:

 

"Orange is a pioneer of digital transformation and is pleased to partner with Google to accelerate its data and AI transformation and continue towards a better service for its customers. Google has been a long term partner of Orange and, as Google is eager to invest in Europe - and especially in France - to develop new datacenters, this is the perfect time to work on new services and opportunities in French and European markets."

 

Windfall Geotek Inc. (TSXV:WIN) has initiated a work program using its CARDS AI analysis with Gatling Exploration (TSXV:GTR) in Larder Lake, Ontario, where it “will generate new high probability gold targets on Gatling's Larder Gold Project.” Windfall Geotek President and CEO Michel Fontaine said:

 

"The momentum and appetite for our CARDS AI technology right now is a combination of the rising gold price and the need to speed up discoveries. We have seen a tremendous increase in demand during the Covid-19 pandemic as our digital exploration represents a great alternative to field work and is a safe way to advance projects quickly. The contract with Gatling exploration is a very exciting one for us as we know our targets will be validated quickly. We look forward to continuing to build value for our shareholders and clients with these validations.”

 

 

Global Conversational AI Market to Reach $13.9 Billion by 2025

 

A report from Markets and Markets finds that the global Conversational AI market will grow from $4.8 billion in 2020 to $13.9 billion by 2025 with a compound annual growth rate (CAGR) of 21.9 percent in that forecast period. An excerpt from the report’s description outlines the role of AI-powered customer support services in the market:

 

Today, the focus of enterprises has shifted from providing customer support services through emails or messages to AI-powered chatbots that help enterprises enhance customer experience and engagement. AI-powered chatbots use NLP technology to carry out human-like conversations and assist customers in real-time. They help enterprises fetch business intelligence about customer preferences, opinions, and purchase behaviors, thus enabling organizations to provide proactive recommendations and more personalized experiences based on their account activity. Organizations can also leverage AI-enabled chatbots and virtual agents to automate repetitive and manual processes, such as order placement, balance inquiries, general inquiries, technical assistance, and other customer services. With the use of automation, organizations can achieve higher productivity gains with lower manpower requirements.

 

Sam Mowers, Investorideas.com

 

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