Investor Ideas, Trading Ideas and Stocks to Watch : #AIEye #Podcast 656: #Stocks discussed: (NYSE: $IBM) (CSE: $PM.C) #artificialintelligence

Friday, February 04, 2022

#AIEye #Podcast 656: #Stocks discussed: (NYSE: $IBM) (CSE: $PM.C) #artificialintelligence

#AIEye #Podcast 656: #Stocks discussed: (NYSE: $IBM) (CSE: $PM.C) #artificialintelligence

IBM Launches Partnership with Quebec Gov’t and Pampa Metals Signs Agreement with VerAI Discoveries Inc.

Global #AI-Enabled #ECommerce Solutions Market to Reach $16.8B by 2030

Vancouver, Kelowna, Delta, BC – February 4, 2022 – 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: (NYSE:IBM) (CSE:PM)

IBM (NYSE:IBM) has announced plans with the Government of Canadian province Quebec for a new partnership to further establish the latter “as a leading technology hub in the development of quantum computing, artificial intelligence, semiconductors and high-performance computing through the launch of the Quebec-IBM Discovery Accelerator.” Darío Gil, SVP and Director of Research, IBM, said:

"The Quebec-IBM Discovery Accelerator is further proof of our commitment to building open communities of innovation to tackle the big problems of our time through a combination of quantum computing, AI and high-performance computing, all integrated through the hybrid cloud. This new Discovery Accelerator, along with our work in semiconductor packaging, will bring to bear the full scope of IBM's groundbreaking technology to Quebec's world-class scientific and industrial communities. We are proud to be working with the Government of Quebec, as well as private sector and academic partners, to take innovation in Quebec to the next level."

Pampa Metals Corporation (CSE:PM) has signed a definitive agreement with VerAI Discoveries Inc. giving the former access to the latter’s proprietary AI for copper and gold exploration. Paul Gill, CEO of Pampa Metals, said:

"This is an exceptional opportunity for Pampa Metals to leverage cutting edge technologies in the exploration for porphyry copper, iron-oxide-copper-gold ("IOCG"), and other related mineral deposit types in a highly prospective part of northern Chile. The Agreement with VerAI not only gives the Company access to the predictive results of the latest in AI technology applied to mineral exploration, but VerAI's property portfolio is highly complementary to that of Pampa Metals. The Company has manageable commitments that will allow it to evaluate VerAI's portfolio, and potentially add quality projects for more detailed exploration to complement its already highly prospective portfolio. We look forward to working with VerAI's experienced team and seeing the results of the exploration work on the ground."

Global AI-Enabled E-Commerce Solutions Market to Reach $16.8B by 2030

A report published by InsightAce Analytic finds that the global AI-enabled E-commerce Solutions market will reach $16.8 billion USD by 2030, registering a compound annual growth rate (CAGR) of 15.7 percent in the forecast period 2022-30. An excerpt from the report’s description outlines some key factors influencing the market’s growth:

Multiple factors that drive the AI-enabled E-Commerce solutions market are rising adoption of advanced technologies, manual error reductions in development processes due to the use of machine learning-based applications, cost-effective procedures, fast implementation of cloud-based platforms, and easy access to real-time data, various government initiatives for the R&D, and increasing awareness regarding advanced technologies. In addition, instant customer services related to product delivery, return, and complaints can be quickly resolved through artificial intelligence-enabled chat boxes. However, factors like the high cost of AI Solutions, shortage of skilled professionals, and complex and time-consuming procedures may downscale the AI-enabled E-Commerce solutions market's growth over the forecast period 2019-2030.

Sam Mowers, Investorideas.com

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