Investor Ideas, Trading Ideas and Stocks to Watch : #AIEye Episode 440: Amazon (NasdaqGS: $AMZN) Debuts New Echo Lineup and Perspecta Labs (NYSE: $PRSP) to Research #AI and #ML Security Solutions

Friday, September 25, 2020

#AIEye Episode 440: Amazon (NasdaqGS: $AMZN) Debuts New Echo Lineup and Perspecta Labs (NYSE: $PRSP) to Research #AI and #ML Security Solutions

#AIEye Episode 440: Amazon (NasdaqGS: $AMZN) Debuts New Echo Lineup and Perspecta Labs (NYSE: $PRSP) to Research #AI and #ML Security Solutions

Global Augmented Intelligence Market to Reach $74.619 Billion by 2027

Point Roberts WA, Vancouver BC – September 25, 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:AMZN) (NYSE:PRSP)

Amazon (NasdaqGS:AMZN) has introduced its new lineup of Echo devices, boasting “new designs, enhanced audio, [and] more powerful hardware,” and is “powered by Amazon’s first-generation AZ1 Neural Edge processor—an all-new silicon module that’s purpose-built for accelerating machine learning applications.” Tom Taylor, Senior Vice President, Amazon Alexa, commented:

"These are the best Echo devices we have ever made. Echo and Echo Dot look beautiful and sound even better, and Echo Show 10 completely reimagines Alexa with a screen—the display moves with you, staying in view as you move around. It’s as natural as having a conversation. Plus, Alexa continues to get smarter—just ask to watch Netflix, make group calls, join video meetings on Zoom, upgrade your smart home with Alexa Guard and Amazon Sidewalk, and much more."

Perspecta Labs, the innovative applied research arm of Perspecta Inc. (NYSE:PRSP), has “received an award from the Intelligence Advanced Research Projects Activity (IARPA) to provide research on the Trojans in Artificial Intelligence (TrojAI) program.” The TrojAI program aims to find and prevent adversarial Trojan attacks and security risks. Petros Mouchtaris, president and general manager, Perspecta Labs, explained:

"At Perspecta Labs, we welcome the opportunity to support IARPA on research to defend critical AI systems against malicious interference. We look forward to applying our leading expertise in adversarial ML combined with our vast experience in cybersecurity to develop new solutions that can automatically identify compromised AI systems in support of this critical work."

Global Augmented Intelligence Market to Reach $74.619 Billion by 2027

A report published by Research and Markets finds that the global Augmented Intelligence market will grow from $7.084 billion in 2019 to $74.619 billion by 2027 with a compound annual growth rate (CAGR) of 35.4 percent in the forecast period 2020-2027. An excerpt from the report’s description outlines trends in the North American region of the market:

Technological advances have resulted in a highly competitive market in the region. Growing populations with increase in spending power are attracting many technological developments. The consumer electronics sector has flourished in the region. There is a relatively high density of consumer electronic devices, such as smartphones, in the region. This is likely to contribute to the growth of the North America augmented intelligence market.

Sam Mowers, Investorideas.com

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