Investor Ideas, Trading Ideas and Stocks to Watch : #AIEye #Podcast: #AI #Stocks in the News: (NasdaqGS: $INTC) (OTC: $AIAD)

Friday, March 10, 2023

#AIEye #Podcast: #AI #Stocks in the News: (NasdaqGS: $INTC) (OTC: $AIAD)

#AIEye #Podcast: #AI #Stocks in the News: (NasdaqGS: $INTC) (OTC: $AIAD)

LF AI & Data Foundation Accepts Intel’s OpenFL Project, and AiAdvertising Becomes Google Premier Partner

Global Generative #AIMarket to Reach $126.5B by 2031

Vancouver, Kelowna, Delta, BC – March 10, 2023 – 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

Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2023/031023-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/03101INTC-AIAD.asp

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

Stocks discussed: (NasdaqGS:INTC) (OTC:AIAD)

Intel Corporation (NasdaqGS:INTC) has announced that the LF AI & Data Foundation Technical Advisory Council accepted its Open Federated Learning (OpenFL) as an incubation project to further drive collaboration, standardization and interoperability. OpenFL, as described in the press release, “is an open source framework for a type of distributed AI referred to as federated learning (FL) that incorporates privacy-preserving features called confidential computing.” Ibrahim Haddad, Executive Director, LF AI & Data Foundation, commented:

"We are thrilled to welcome OpenFL to the LF AI & Data Foundation. This project's innovative approach to enabling organizations to collaboratively train machine learning models across multiple devices or data centers without the need to share raw data aligns perfectly with our mission to accelerate the growth and adoption of open source AI and data technologies.”

AI and machine learning-powered AdTech company AiAdvertising, Inc. (OTC:AIAD) has announced that it has become a Google Premier Partner. In addition to giving AiAdvertising access to Google's technologies and tools, this enables them “to integrate its Campaign Performance Platform with Google's machine learning technologies, such as automated bidding and audience targeting, to optimize ad performance, and increase ROI.” Jerry Hug, CEO of AiAdvertising, said:

"Implementing AI and ML technologies in marketing comes with its challenges. Traditional agencies are having difficulty keeping up with AI tools' emergence. They may be executing and using one-off tools for personal benefits, but at the end of the day, they are point solutions and lack a comprehensive approach. Our Campaign Performance Platform is an all-in-one solution that helps marketers prove how much their investments are generated toward the bottom line. It's designed to play with other AI and ML tools as they emerge, allowing clients to experience the benefits without purchasing individual solutions.”

Global Generative AI Market to Reach $126.5B by 2031

A report published by Allied Market Research finds that the global market for Generative AI is projected to grow from $8.2 billion USD in 2021 to $126.5 billion by 2031, registering a compound annual growth rate (CAGR) of 32 percent in the forecast period 2022-31. The following excerpt from the report overview outlines some key factors influencing the market’s growth:

The demand for generative AI applications among sectors such as entertainment, medicine, engineering, finance, and defense is being driven by growth in uses of innovative solutions such as super-resolution, text-to-image conversion, and text-to-video conversion, as well as rise in demand for modernized workflow across industries. Further, rise in application of AI is a result of its improved computational capacity and ability to address issues in a diverse industrial sector. Correspondingly, generative AI finds suitable applications in a range of industries to help in picture processing and film restoration.

Sam Mowers, Investorideas.com

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Podcast sponsor:

AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.

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