Investor Ideas, Trading Ideas and Stocks to Watch : #AIEye Episode 432: Microsoft (NasdaqGS: $MSFT) and Nuance (NasdaqGS: $NUAN) Announce Integration of DAX ACI Solution, IBM (NYSE: $IBM) Launches Mayflower Autonomous Ship

Tuesday, September 15, 2020

#AIEye Episode 432: Microsoft (NasdaqGS: $MSFT) and Nuance (NasdaqGS: $NUAN) Announce Integration of DAX ACI Solution, IBM (NYSE: $IBM) Launches Mayflower Autonomous Ship

#AIEye Episode 432: Microsoft (NasdaqGS: $MSFT) and Nuance (NasdaqGS: $NUAN) Announce Integration of DAX ACI Solution, IBM (NYSE: $IBM) Launches Mayflower Autonomous Ship

Global AI Chipsets Market to Reach $57.8 Billion by 2026

Point Roberts WA, Vancouver BC – September 15, 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

AI Eye Episode 432: Microsoft and Nuance Announce Integration of DAX ACI Solution, IBM Launches Mayflower Autonomous Ship

Stocks discussed: (NasdaqGS:MSFT) (NasdaqGS:NUAN) (NYSE:IBM)

Microsoft (NasdaqGS:MSFT) and Nuance Communications, Inc. (NasdaqGS:NUAN) have announced the integration of the latter’s Nuance Dragon Ambient eXperience (DAX), an ambient clinical intelligence (ACI) solution, into Microsoft Teams “to broadly scale virtual consults aimed at increasing physician wellness and providing better patient health outcomes.” Diana Nole, executive vice president, and general manager of healthcare, Nuance, explained:

"The dramatic growth of telehealth represents a unique opportunity to use Nuance DAX ambient clinical intelligence technology to transform healthcare experiences and define what healthcare providers and consumers should expect from advanced digital health solutions. Our strategic partnership with Microsoft, which led to this rapid integration of Nuance DAX with Microsoft Teams for telehealth, illustrates the ongoing importance of combining our technologies, domain expertise and market reach to develop advanced cloud-based conversational AI solutions that keep the health of clinicians and patients front and center in healthcare delivery."

IBM (NYSE:IBM), along with ocean research non-profit ProMare, has announced the completion and launch of the Mayflower Autonomous Ship (MAS), described as “an AI and solar powered marine research vessel which will traverse oceans gathering vital environmental data.” The ship features an AI Captain with “the ability to sense, think and make decisions at sea with no human captain or onboard crew,” and “a seven-armed, stowaway octopus chatbot called Artie,” which is powered by IBM Watson Assistant technology. For the next six months MAS will be engaged in sea trials and various research missions, after which it will attempt a transatlantic voyage based on a route similar to the 1620 Mayflower after which it is named.

Global AI Chipsets Market to Reach $57.8 Billion by 2026

A report published by Markets and Markets finds that the global AI Chipsets market will grow from $7.6 billion in 2020 to $57.8 billion by 2026 with a compound annual growth rate (CAGR) of 40.1 percent in that forecast period. An excerpt from the report description outlines the role of deep learning and neural networks as a driver in the market:

Many of the advanced automation[s] found in enterprise AI platforms [are] attributed to the growth and adoption of machine learning and deep learning. Neural networks are algorithms that recognize the underlying relationships in data sets through a process that mimics a human brain. Artificial Neural Networks (ANN) are replacing traditional ML models to advance precise modeling. At the same time, Convolutional Neural Networks (CNN) translates the power of deep learning to computer vision. Deep learning models ANN are seeing significant adoption in image processing in medicinal services, defense, transportation, and others.

Sam Mowers, Investorideas.com

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