Investor Ideas, Trading Ideas and Stocks to Watch : #AIEye #Podcast 732: #Stocks discussed: (NYSE: $WFC) (NYSE: $IBM) #artificialintelligence

Wednesday, October 26, 2022

#AIEye #Podcast 732: #Stocks discussed: (NYSE: $WFC) (NYSE: $IBM) #artificialintelligence

#AIEye #Podcast 732: #Stocks discussed: (NYSE: $WFC) (NYSE: $IBM) #artificialintelligence

Wells Fargo’s New Virtual Assistant Leverages AI from Google Cloud, and IBM Expands AI Software Portfolio

Global #AI in #SpeechRecognition Market to reach $45.35B by 2032

Vancouver, Kelowna, Delta, BC – October 26, 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.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2022/102622-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/10261WFC-IBM.asp

Hear the Ai Eye on Spotify

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:WFC) (NYSE:IBM)

Wells Fargo & Company (NYSE:WFC) has announced that Fargo, its new virtual assistant set to roll out in the “coming months,” “will leverage Google Cloud’s artificial intelligence (AI) to provide a more personalized, convenient, and simple banking experience.” Fargo, according to the press release, aims to help customers with servicing their accounts, managing debit cards, and checking credit limits. Yolande Piazza, VP of Financial Services at Google Cloud, said:

"Today’s announcement marks a milestone for Google Cloud as we expand our partnership with Wells Fargo to evolve the digital banking experience. By pairing our leading AI and natural language processing capabilities with Wells Fargo’s industry-leading banking experience, we can provide customers with connected, personalized tools that seamlessly blend with their financial needs."

IBM (NYSE:IBM) has announced an expansion to its embeddable AI software portfolio with the launch of three AI libraries, which aims to help Independent Software Vendors (ISVs) across industries to develop “natural language processing, speech to text, and text to speech capabilities into applications across any hybrid, multi cloud environment.” Kate Woolley, General Manager, IBM Ecosystem, said:

"Enterprises must commit to a significant investment in expertise, resources and time required to build, deploy and manage AI-powered solutions. By bringing to market the same portfolio of embeddable AI technology that powers our industry-leading IBM Watson products, we are helping Ecosystem partners more efficiently deliver AI experiences that can drive business value for their clients."

Global AI in Speech Recognition Market to reach $45.35B by 2032

A report published by Adroit Market Research finds that the global AI in Speech Recognition market is projected to grow from $14.58 billion USD in 2022 to $45.35 billion by 2032, registering a compound annual growth rate (CAGR) of 16.24 percent in the forecast period 2022-32. The following excerpt from the report’s summary outlines the impact of technological development on the market:

By using a number of procedures, including as the representation of speech units, the formulation and development of recognition algorithms, as well as the display of suitable inputs, artificial intelligence transforms voice beautifully into well-structured algorithms. The development of the artificial intelligence-based technology sector is anticipated to be supported by the expanding developments in machine learning and natural language processing.

Sam Mowers, Investorideas.com

Read and hear other editions of the AI Eye

For a list of artificial intelligence stocks on Investorideas.com visit here

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

The Investorideas.com podcasts are also available on Apple Podcasts , Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available.

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com