#AIEye #Podcast: #AI #Stocks in the News: (NasdaqGM: $VERI) (CSE: $AICO.C)
Veritone’s Subsidiary PandoLogic to Launch AI Hiring Solution pandoDIVERSITY, and Generative AI Solutions to Acquire Global AI Billing
Global Text-to-Video #AIMarket to Reach $961.9M by 2028
Vancouver, Kelowna, Delta, BC – April 26, 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/2023/042623-AI-Eye.mp3
Read this in full at
https://www.investorideas.com/news/2023/artificial-intelligence/04261VERI-AICO.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGM:VERI) (CSE:AICO)
Veritone, Inc. (NasdaqGM:VERI) has announced that AI hiring solutions provider PandoLogic, its wholly-owned subsidiary, is launching pandoDIVERSITY at this week’s UNLEASH Conference in Las Vegas. pandoDIVERSITY, according to the press release, is designed to help customers attract and recruit underrepresented job candidates, employing AI-based programmatic recruitment technology to help “automate and optimize hiring campaigns, remove bias in the recruitment funnel and enhance data transparency.” PandoLogic’s CEO, Terry Baker, commented:
“We all know that a diverse workforce is vital to an organization’s success. Many organizations focus on diversity compliance, which is important and often difficult to execute, but pandoDIVERSITY is focused on making it easy and producing real diversity results.”
Generative AI Solutions Corp. (CSE:AICO) has signed a non-binding letter of intent to acquire all of the outstanding securities of Global AI Billing Corp. for 7.5 million of its common shares and the assumption by GenAI of $1.25 million USD in existing liabilities of Global AI Billing. Ryan Selby, CEO of GenAI, said:
"This proposed acquisition has the potential to give us a stake hold position in a company that has utilized AI technologies to assist collections in the multi-billion dollar medical industry in the United States. The proposed acquisition is consistent with our goal to develop and acquire strategic artificial intelligence assets that are used, among other things, to streamline operations for increased efficiencies and reduced costs. We are well equipped to not only assist such strategic acquisitions with additional development resources, but also develop artificial intelligence technologies internally using our team of AI experts."
Global Text-to-Video AI Market to Reach $961.9M by 2028
A report published by Research and Markets finds that the global Text-to-Video AI market is projected to grow from $47.7 million USD in 2018 to $961.9 million by 2028, registering a compound annual growth rate (CAGR) of 36.3 percent in the forecast period 2018-28. The following excerpt from the report’s description outlines the impact of AI on the market:
Text-to-video Ai is an AI system that converts text instructions into brief, high-quality video segments. The algorithm learns the environment based on paired text-image data and how it moves based on video footage with no related text. Artificial intelligence (AI) is rapidly becoming a game-changer for video makers. AI is revolutionizing the production and consumption of video content by automating menial activities and boosting the creative process.
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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