Investor Ideas, Trading Ideas and Stocks to Watch : #AIEye #Podcast 700: #Stocks discussed: (ASX:BRN) (TSXV: $ADK.V) #artificialintelligence

Friday, May 27, 2022

#AIEye #Podcast 700: #Stocks discussed: (ASX:BRN) (TSXV: $ADK.V) #artificialintelligence

#AIEye #Podcast 700: #Stocks discussed: (ASX:BRN) (TSXV: $ADK.V) #artificialintelligence

BrainChip Announces Strategic Partnership with MegaChips, and DIAGNOS Announces Testing for Autonomous AI Solutions with the CHUM

Global #AI in #SupplyChain Market to Reach $20.19B by 2028

Vancouver, Kelowna, Delta, BC – May 27, 2022 – 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: (ASX:BRN) (TSXV:ADK)

BrainChip Holdings Ltd. (ASX:BRN) has formally announced a strategic partnership signed “late last year” with Japanese ASIC firm MegaChips. This will see MegaChips “leverage BrainChip Akida IP to provide U.S. customers with innovative applications across a wide variety of applications, such as consumer tech, telecom/network, industrial and automotive.” Rob Telson, BrainChip’s Vice President of Worldwide Sales and Marketing, said:

"By providing Akida's on-chip learning and ultra-low power Edge AI capabilities as an integrated technology in MegaChips' ASIC solutions, we bring practical, cutting-edge capabilities to the edge that ensure power efficiency without compromising accuracy. This is an exciting collaboration from both a business and industry-propelling perspective."

DIAGNOS Inc. (TSXV:ADK) has announced, in partnership with the Centre hospitalier de l’Université de Montréal (CHUM), the launch of the testing phase for autonomous artificial intelligence solutions dedicated to diabetic retinopathy screening. André Larente, President of DIAGNOS, explained:

“This phase marks the beginning of the final step of this partnership aiming for the automated detection of diabetic retinopathy, which began in June 2018. This stage of testing and performance analysis was approved by the CHUM, following the positive results obtained over the past few months by CHUM clinicians as part of the rigorous independent evaluation process applied to analyze the performance of the classification algorithms by level of severity run in autonomous mode.”

Global AI in Supply Chain Market to Reach $20.19B by 2028

A report published by BlueWeave Consulting finds that the global AI in Supply Chain market is projected to grow from $5.61 billion USD in 2021 to $20.19 billion by 2028, registering a compound annual growth rate (CAGR) of 20.5 percent in the forecast period 2022-28. An excerpt from the report summary outlines the role of AI in the Supply Chain market:

The growth of AI in the supply chain can be attributed to the rising attention of artificial intelligence and large statistics & analytics and the widening implementation of computer vision in each autonomous and semi-autonomous program. In addition, consistent technological advancements coupled with rising demand for AI-primarily based enterprise automation solutions and evolving supply chain that complements developing commercial automation are providing opportunities for vendors providing AI solutions in the supply chain industry.

Sam Mowers, Investorideas.com

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