#AIEye #Podcast 543: #Stocks discussed: (OTC: $YOKEF) (NYSE: $AI) (NasdaqGS: $INTC)
Yokogawa Electric Selects C3’s #AI Suite, and Intel’s Mobileye to “Drive” Udelv #Autonomous Delivery Vehicles
Global AI in #Sports Market to Reach $3.555B by 2027
Point Roberts WA, Vancouver BC – April 12, 2021 – 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: (OTC:YOKEF) (NYSE:AI) (NasdaqGS:INTC)
Yokogawa Electric Corporation (OTC:YOKEF) has selected the AI suite from C3.ai, Inc. (NYSE:AI) “as a platform to enhance enterprise AI applications and complement its digital transformation solutions and services for industrial customers.” The former’s wholly owned subsidiary, KBC, will be able to deploy the C3 AI Suite with its advanced AI capabilities to their software portfolio, following the signing of a multi-year agreement between the two firms. Yu Dai, a Yokogawa director and Senior Vice President of the company’s Digital Solutions Headquarters, commented:
"The C3 AI Suite brings new opportunities to seamlessly integrate state-of-the-art AI into our software portfolio at enterprise scale. Our initial work with C3 AI will drive digital transformation through more accurate simulations for our customers, leading to improvements in their operational efficiency and margins."
Mobileye, the self-driving subsidiary of Intel Corporation (NasdaqGS:INTC), and Silicon Valley venture-backed company Udelv, have made an agreement wherein the former’s Mobileye Drive self-driving system, will drive the Udelv’s next-generation autonomous delivery vehicles (ADV), called "Transporters." Amnon Shashua, Mobileye president and CEO, commented:
"Our deal with Udelv is significant for its size, scope and rapid deployment timeline, demonstrating our ability to deliver Mobileye Drive™ for commercial use now and in volume. COVID-19 has accelerated demand for autonomous goods delivery, and we are delighted to partner with Udelv to address this demand in the near term."
Global AI in Sports Market to Reach $3.555B by 2027
A report published by Acumen Research and Consulting finds that the global AI in Sports market will reach $3.555 billion by 2027 with a compound annual growth rate (CAGR) of 32.8 percent in the forecast period 2020-2027. An excerpt from the report’s description outlines trends impacting the growth of the market:
The increasing volume of both on-field and off-field data among various sports organizations is creating the need for the management of these data for further analysis. The increasing demand for monitoring and tracking data of players, and simultaneously increasing number of wearable devices in the sports industry are driving the market growth. The real-time insights through analysis of data during match time help teams to make changes in their strategies for better results. The introduction of Chatbots and virtual assistants to help teams to interact with fans regarding a variety of topics is further supporting the market growth. Additionally, chatbots can also be used to engage with fans in order to provide information regarding ticket status, checking points, parking, and schedule.
Sam Mowers, Investorideas.com
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