#AIEye #Podcast: #AI #Stocks in the News : (NasdaqGS: $MSFT) (NYSE: $ORCL)
Microsoft Expanding Collaboration with Epic to Integrate Generative AI in Healthcare, and Oracle Introducing New AI Capabilities to Aid Supply Chain Planning
Global #AI in #SocialMedia Market to Reach $12B by 2031
Vancouver, Kelowna, Delta, BC – April 19, 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/2023/041923-AI-Eye.mp3
Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/04191MSFT-ORCL.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:MSFT) (NYSE:ORCL)
Microsoft (NasdaqGS:MSFT) is expanding its long-standing strategic collaboration with software firm Epic to develop and integrate generative AI into healthcare by combining the scale and power of Azure OpenAI Service with Epic's industry-leading electronic health record (EHR) software. The two firms aim ”to increase productivity, enhance patient care and improve financial integrity of health systems,” with this collaboration. Eric Boyd, corporate VP, AI Platform, Microsoft, said:
"The urgent and critical challenges facing healthcare systems and their providers demand a comprehensive approach combining Azure OpenAI Service with Epic's industry-leading technology. Our expanded partnership builds on a long history of collaboration between Microsoft, Nuance and Epic, including our work to help healthcare organizations migrate their Epic environments to Azure. Together we can help providers deliver significant clinical and business outcomes leveraging the power of the Microsoft Cloud and Epic."
Oracle Corporation (NYSE:ORCL) has announced that it is introducing new AI and automation capabilities across its Oracle Fusion Cloud Applications Suite to help customers accelerate supply chain planning, increase operational efficiency, and improve financial accuracy. Jon Chorley, senior VP of supply chain applications and chief sustainability officer, Oracle, said:
"The last few years have highlighted the value of supply chain insights, efficiency, and accuracy, and the consequences of moving too slow when a disruption occurs. With Oracle's complete suite of integrated applications, organizations can manage supply chain data on the same platform as finance, HR, and customer experience to accelerate processes like quote-to-cash and remove barriers that have traditionally existed between different business functions. This holistic approach creates an environment where AI and automation can flourish to help businesses drive efficiencies and achieve more with less."
Global AI in Social Media Market to Reach $12B by 2031
A report published by Allied Market Research finds that the global market for AI in Social Media is projected to grow from $992.7 million USD in 2021 to $12 billion by 2031, registering a compound annual growth rate (CAGR) of 28.7 percent in the forecast period 2022-31. The following excerpt from the report’s overview outlines some of the significant ways AI is employed in the social media space:
Social media platforms frequently utilize AI to enhance user experience, create content, target adverts, and provide better services. Furthermore, some common applications of AI in social media usage include personalized content recommendation, image and video recognition, fraud detection, and also for trend analysis. These are just some examples of how AI is being used in social media usage. The use of AI in social media is constantly evolving and new applications are being developed to provide users with even better experiences.
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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