Investor Ideas, Trading Ideas and Stocks to Watch : #AIEye Episode 455: NVIDIA (NasdaqGS: $NVDA) Collaborating with CINECA, Atos (OTC: $AEXAY) on “World’s Fastest #AI Supercomputer”, IBM (NYSE:$IBM) Teams Up with Burger King Brazil for Virtual Assistant

Friday, October 16, 2020

#AIEye Episode 455: NVIDIA (NasdaqGS: $NVDA) Collaborating with CINECA, Atos (OTC: $AEXAY) on “World’s Fastest #AI Supercomputer”, IBM (NYSE:$IBM) Teams Up with Burger King Brazil for Virtual Assistant

#AIEye Episode 455: NVIDIA (NasdaqGS: $NVDA) Collaborating with CINECA, Atos (OTC: $AEXAY) on “World’s Fastest #AI Supercomputer”, IBM (NYSE:$IBM) Teams Up with Burger King Brazil for Virtual Assistant

Global Software Development AI Market to Grow at 42.3% from 2020-2027

Point Roberts WA, Vancouver BC – October 16, 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:NVDA) (OTC:AEXAY) (NYSE:IBM)

NVIDIA Corporation (NasdaqGS:NVDA) has announced that CINECA – an Italian inter-university consortium – is leveraging its accelerated computing platform to build the world’s fastest AI supercomputer. Called the “Leonardo,” the system will be built in collaboration with Atos (OTC:AEXAY) and EuroHPC, and “is expected to deliver 10 exaflops of FP16 AI performance to enable advanced AI and HPC converged application use cases.” Marc Hamilton, vice president of solutions architecture and engineering at NVIDIA, said:

“The EuroHPC technology roadmap for exascale in Europe is opening doors for rapid growth and innovation in HPC and AI. We’re working with CINECA and Atos to accelerate scientific discovery across a broad range of application domains, providing a platform to usher in the era of exascale computing.”

IBM (NYSE:IBM) has announced that IBM Services has teamed up with Burger King Brazil “to create a new virtual assistant, based on IBM Watson Assistant, named TOP (Technology Orienting People) to help Burger King (BK) Brazil's 16,000 employees, serving more than 800 restaurants, be more connected to each other and its leadership.” Amy Wright, managing partner, Talent & Transformation, IBM Services, explained:

"Burger King Brazil is a great example of an organization on their journey to HR 3.0. The company has combined its journey of digital transformation with its people management strategy to be more connected and help respond more effectively to the needs of its team. People are the heart of any organization and with new AI-enabled digital tools, the HR 3.0 mindset can be critical to our ongoing development of a more productive and rewarding world of work."

Global Software Development AI Market to Grow at 42.3% from 2020-2027

A report published by Data Bridge Market Research finds that the global Software Development AI market will exhibit a compound annual growth rate (CAGR) of 42.3 percent in the forecast period 2020-2027. An excerpt from the report’s description outlines some trends influencing the market’s growth:

The increase in the fraction of novel start-ups and improvements in technology has directed to an expansion in expenditure in AI technologies. Furthermore, an increase in requirement for interpreting and representing massive volumes of data is increasing the need for artificial intelligence software development for enterprise solutions. Moreover, the advancement of trustworthy cloud computing foundations and developments in effective artificial intelligence has made an influential impression on the germination potential of the AI market. Nevertheless, the shortage of skilled and qualified instructors can limit the increment of the AI software development business.

Sam Mowers, Investorideas.com

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