#AIEye #Podcast: #Stocks discussed: (NasdaqGS: $MSFT) (NasdaqGS: $NVDA) (NYSE: $NOW)
Microsoft Announces New Suite of AI Solutions for Cloud for Nonprofit, and NVIDIA Partners with ServiceNow for Generative AI Across Enterprise IT
Global #AIChips Market to Reach $304.09B by 2030
Vancouver, Kelowna, Delta, BC – May 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).
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https://www.investorideas.com/Audio/Podcasts/2023/051923-AI-Eye.mp3
Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/05191MSFT-NVDA-NOW.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:MSFT) (NasdaqGS:NVDA) (NYSE:NOW)
Microsoft (NasdaqGS:MSFT) has announced a suite of new AI solutions and improvements to Microsoft Cloud for Nonprofit that aim to “transform the nonprofit industry and how fundraisers engage with donors, manage campaigns and optimize operations.” Notably, AI capabilities have been added to the service’s Fundraising and Engagement tools. Justin Spelhaug, Vice President and Global Head, Tech for Social Impact at Microsoft, said:
"Simply put, AI can and will be a game-changer for nonprofits and fundraisers. With these new AI solutions, we aim to empower nonprofits and fundraisers to achieve more and to create a more positive and rewarding experience for donors."
NVIDIA Corporation (NasdaqGS:NVDA) and ServiceNow, Inc. (NYSE:NOW) have announced a partnership to develop powerful, enterprise-grade generative AI capabilities that can transform business processes with faster, more intelligent workflow automation. According to the press release, ServiceNow is leveraging NVIDIA’s software, services, and accelerated infrastructure, to develop custom large language models trained on data for its ServiceNow Platform, expanding its AI functionality “with new uses for generative AI across the enterprise.” CJ Desai, President and COO of ServiceNow, said:
"As adoption of generative AI continues to accelerate, organizations are turning to trusted vendors with battle-tested, secure AI capabilities to boost productivity, gain a competitive edge, and keep data and IP secure. Together, NVIDIA and ServiceNow will help drive new levels of automation to fuel productivity and maximize business impact."
Global AI Chips Market to Reach $304.09B by 2030
A report published by Next Move Strategy Consulting finds that the global market for AI Chips is projected to grow from $28.83 billion USD in 2022 to $304.09 billion by 2030, registering a compound annual growth rate (CAGR) of 29 percent in the forecast period 2023-30. An excerpt from the report’s description outlines some factors impacting the market’s growth:
The demand for AI Chips is consistently rising due to increasing adoption of artificial intelligence in almost every industry, and in areas such as voice recognition, object detection, medical or military simulations, intelligent routing, and autonomous driving. The adoption of artificial intelligence not only reduces the cost of operations, but increases the efficiency or the response time and minimizes the risk to human life at various levels in specific industry verticals.
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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