#AIEye #Podcast Episode 472: Hewlett Packard (NYSE: $HPE) Partnering with Wipro (NYSE: $WIT) for Hybrid Cloud and Infrastructure Solutions, Hyundai Motor Group Selects NVIDIA (NasdaqGS: $NVDA) DRIVE AI Platform and Infotainment for Hyundai, Kia and Genesis Models
Global Blockchain AI Market to Reach $703 Million by 2025
Point Roberts WA, Vancouver BC – November 10, 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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https://www.investorideas.com/Audio/Podcasts/2020/111020-AI-Eye.mp3
Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/11101AIEye-HPE-WIT.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:HPE) (NYSE:WIT) (NasdaqGS:NVDA)
Hewlett Packard Enterprise Company (NYSE:HPE) has announced partnership plans with Wipro Limited (NYSE:WIT), to “jointly deliver their portfolio of hybrid cloud and infrastructure solutions as a service.” In response to demand for digital transformation accelerated by COVID-19, the partnership aims to deliver a robust, AI, analytics and automation-powered VDI [virtual desktop infrastructure] solution with Wipro’s Desktop as-a-service offering, Virtuadesk, through HPE Greenlake. Kiran Desai, Senior Vice President and Global Head, Cloud and Infrastructure Services, Wipro Limited, explained:
"Workspace dynamics are continuously evolving, and more enterprises are keen to adopt the hybrid model. Wipro’s workplace transformation offering along with HPE GreenLake will deliver a compelling digital workplace through as-a-service model. We will leverage our unique capabilities to enhance employee experiences and build a collaborative, intelligent, flexible and sustainable workplace to help customers achieve transformative outcomes."
Hyundai Motor Group and NVIDIA Corporation (NasdaqGS:NVDA) have announced that the former’s entire lineup of Hyundai, Kia and Genesis models will come standard with the latter’s NVIDIA DRIVE AI platform and in-vehicle infotainment (IVI) systems starting in 2022. Ali Kani, vice president of autonomous vehicles at NVIDIA, said:
“NVIDIA brought consumer electronic functionality and a graphics-rich user interface to infotainment systems more than a decade ago. Now, we are once again transforming these systems through the power of AI — helping Hyundai Motor Group increase safety and value, along with enhancing customer satisfaction, throughout the lifetime of the vehicle.”
Global Blockchain AI Market to Reach $703 Million by 2025
A report published by Markets and Markets finds that the global Blockchain AI market will grow from $228 million in 2020 to $703 million by 2025 with a compound annual growth rate (CAGR) of 25.3 percent in that forecast period. The following excerpt from the report’s description outlines some potential drivers in the market:
Data monetization would make both AI and advanced blockchain easily accessible to smaller companies. The developing and growing AI technology is costly for organizations, especially those that do not own data sets. A decentralized market would create space for such companies where it is otherwise too expensive. Therefore, Blockchain AI is the ultimate enabler of data monetization, which is expected to be one of the biggest driving factors for the blockchain AI market.
Sam Mowers, Investorideas.com
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