Wednesday, September 30, 2020

#AIEye Episode 443: VMware (NYSE: $VMW) Partners with NVIDIA (NasdaqGS: $NVDA) for Next-Gen Cloud and AI, Minerva (TSXV: $MVAI.V)Signs Contract with Miner for New DRIVER Product

#AIEye Episode 443: VMware (NYSE: $VMW) Partners with NVIDIA (NasdaqGS: $NVDA) for Next-Gen Cloud and AI, Minerva (TSXV: $MVAI.V)Signs Contract with Miner for New DRIVER Product

 

Global AI in Retail Market to Reach $23.32 Billion by 2027

 


Point Roberts WA, Vancouver BC – September 30, 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:

https://www.investorideas.com/Audio/Podcasts/2020/093020-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/09301AIEye-VMW-NVDA.asp

 

Hear the Ai Eye on Spotify  

 

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

 

Stocks discussed: (NYSE:VMW) (NasdaqGS:NVDA) (TSXV:MVAI)

 

VMware, Inc. (NYSE:VMW) has announced a broad partnership with NVIDIA Corporation (NasdaqGS:NVDA) aimed at delivering “an end-to-end enterprise platform for AI and a new architecture for data center, cloud and edge that uses NVIDIA® DPUs (data processing units) to support existing and next-generation applications.” Jensen Huang, founder and CEO of NVIDIA, explained:

 

"AI and machine learning have quickly expanded from research labs to data centers in companies across virtually every industry and geography. NVIDIA and VMware will help customers transform every enterprise data center into an accelerated AI supercomputer. NVIDIA DPUs will give companies the ability to build secure, programmable, software-defined data centers that can accelerate all enterprise applications at exceptional value."

 

Minerva Intelligence Inc. (TSXV:MVAI) has signed a contract with a Canadian intermediate mining company for its new DRIVER product, which according to the press release “provides deep insights into previously untapped geometallurgical data.” DRIVER works with Minerva’s AI to provide geologists with models from which they can develop drilling strategies. The company’s CEO, Scott Tillman, said:

 

"Our work on this project reaffirms the value of Minerva's AI technology for the mining and explorations sectors. We are gratified that companies are embracing DRIVER as a critical new tool in their toolbox, and we look forward to delivering valuable insights into their drilling data.

 

The continued validation of our software in the field of mineral extraction is proving the value of our cognitive AI technology both in the exploration process and with risk analysis. This new contract should further cement Minerva's reputation as a cutting-edge solutions provider in these domains."

 

 

Global AI in Retail Market to Reach $23.32 Billion by 2027

 

A report published by Fortune Business Insights finds that the global AI in Retail market will grow from $3.01 billion in 2019 to $23.32 billion by 2027 with a compound annual growth rate (CAGR) of 29.6 percent in the forecast period 2020-2027. An excerpt from the report summary outlines potential restraints in the market’s growth:

 

Well established retailers are trying every possible way to improve the engagement of their customers, however certain factors are limiting the AI in retail market growth. The giant suppliers and global level retailers like Walmart have already deployed an artificial intelligence-based system to their shops as well as to online portals. However, small and medium-sized retailers (SMEs) are still far away from the technology due to a lack of infrastructure and skilled expertise. The high implementation cost associated with the retail solutions is also a major barrier for small retailers which is limiting the adoption. These factors have restricted market expansion across SMEs.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

Investors can trade these stocks and other ideas on our site using our  list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

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:

https://www.investorideas.com/Audio/

 

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

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800 665 0411

 




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

 

 

 

No comments: