Wednesday, October 16, 2019

Special Edition #AIEye Podcast: GBT Technologies Inc. (OTC PINK: $GTCH) and Cognizant (NasdaqGS: $CTSH) Discuss #ArtificialIntelligence in #Medicine and #Banking

Special Edition #AIEye Podcast: GBT Technologies Inc. (OTC PINK: $GTCH) and Cognizant (NasdaqGS: $CTSH) Discuss #ArtificialIntelligence in #Medicine and #Banking



Point Roberts WA, Vancouver BC – October 16, 2019 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s special edition of The AI Eye 

Today’s podcast features recent interviews with [two] experts in top AI management
positions discussing recent developments within their companies and the overall sector: Dr. Danny Rittman, CTO of GBT Technologies Inc. (OTC PINK:GTCH), and Mr. Babak Hodjat, VP of Evolutionary AI, Cognizant Technology Solutions Corporation (NasdaqGS:CTSH).


Listen to the podcast interview with Dr. Danny Rittman, CTO of GBT Technologies Inc. (OTC PINK:GTCH) discussing the company’s recently announced implementation and development of recurrent relational reasoning (RRN) in its AI, and its applications in the medical field.

In a recently published press release, GBT Technologies CTO, Dr. Danny Rittman explained the company’s rationale for incorporating recurrent relational reasoning (RRN) into its Avant! AI:

"Our goal is to implement a fundamental part of human intelligence called relational reasoning, which is planned to enable Avant! to acquire expertise on its own by understanding object's relations. Avant! will include an advanced artificial neural network (ANN) capable of pattern recognition and reasoning about those patterns which is very similar to the human brain.”

In an interview with Investorideas.com, Dr. Rittman identified the shortcomings of ANN on its own, and how integrating RRN improved the AI performance:

“This type of technology is perfect to recognize the actual object, but it doesn’t do well when it comes to interaction between objects,” he said.

“That’s why we decided to implement and start development for the RRN (Recurrent Relational Network), which [is] very good for the interaction between objects. So, the major advantage of the Recurrent Relational Network is that they can actually perform what we call ‘reasoning between objects’.”

A major application of this object relational reasoning is in the field of medical imaging, according to Rittman. A recently-published report from Technavio finds that the global Medical Imaging market is projected to grow $9.55 billion USD from 2019 to 2023, with a compound annual growth rate (CAGR) of 5 percent in the forecast period. An excerpt from that report outlines the role of AI in the market’s growth:

With the advent of advanced technologies such as artificial intelligence and machine learning, vendors have been integrating AI into medical imaging devices. This is one of the key medical imaging market trends that will gain traction over the forecast period. AI-enabled medical imaging allows users to automate and standardize complex diagnostic procedures, improve patient experience outcomes, and reduce the costs. Vendors are also developing AI platforms for end-users such as hospitals to manage medical imaging data, which help clinicians in making quick diagnosis decisions. The factors will increase the adoption of AI-enabled medical imaging among hospitals and clinics, subsequently driving market growth at a CAGR of over 5% during 2019-2023.

Dr. Rittman echoes this by picking out specific applications of AI, particularly with RRN integration:

“If you want to identify suspicious objects – let’s say within an MRI scan or a CT scan image or an X-ray image – our RRN will actually scan the data, make sure it actually knows and understands relations between objects … and then will be able to alert us,” he said.

“It is a process of evolution. It will only get better with time.”

Listen to the podcast interview with Mr. Babak Hodjat, VP of Evolutionary AI, Cognizant Technology Solutions Corporation (NasdaqGS:CTSH) discussing the role of AI and ML in the banking and finance space.

Professional services firm Cognizant Technology Solutions Corporation’s report, Leveraging AI to Shape the Digital Future of Banking (Part 2)analyzes the already vast application of AI in the banking and finance sector. Investorideas.com spoke to the company’s VP of Evolutionary AI, Babak Hodjat, who explained where the $3.3 billion USD spent on AI applications by banks in 2018 was going:

“According to IDC, much of the $3.3 billion is being spent around automated threat intelligence and prevention systems,” he said. “fraud analysis, investigations, program advisors, recommendation systems. And that’s what we see as well in the market is, generally speaking, people who already have incumbent models – basically statistics-based primarily – and lots of data that they’ve collected around them are looking to augment and improve these models using AI.”

Hodjat outlined the use of machine learning technology in back office application:

“Primarily these are improved data-driven decisions using machine learning,” he said. “They have been used in areas such as fraud detection. We see a lot of contract digitization and standardization that people are using bits and pieces of AI models for, ranging from the actual OCR (Optical Character Recognition) and scanning … all the way to slot-filling and natural language-based approaches to take legacy contracts and map them to structured databases for further and future use…”

“We also see some use in risk management. There are other use cases where it can be used, and as Cognizant we are promoting that, but it’s still in its infancy. But those are areas such as compliance, task assignment, product hyper-personalization – even HR is an area where throughout the HR process AI can be used in the decision-making, and the list goes on.”

The growth of this market is attested to in a report from Prescient & Strategic Intelligence, which finds that the global AI in BFSI (banking, financial services and insurance) will exhibit a compound annual growth rate (CAGR) of 37.2 percent from 2019 to 2024.

According to Hodjat, AI adoption is well under way, whether it is applied in improving existing models or actually being an active ingredient in enterprise decision-making.

“Companies are on an AI journey,” he said. “It starts with the data and leads to improvements in models. Incumbent models can be improved. We can add measures of certainty to existing models, all the way to improving models and replacing them with advanced AI. But, it shouldn’t stop there and I think it should continue on to the point where we actually take the insights that we expect from the models and also augment the decision-making itself. I think we have to take it all the way to the point where we impact our enterprises decision-making using AI.”

For a list of artificial intelligence stocks find more info on becoming  an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .
The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

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. Disclosure: GTCH is a monthly paid featured news and social media client on Investorideas.com. 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/ and tickertagstocknews.com
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#Mining Stock News: #SilverCrest (TSX: $SIL.TO; NYSE: $SILV) Announces Positive Reconciliation Results for Babicanora Vein

#Mining Stock News: #SilverCrest (TSX: $SIL.TO; NYSE: $SILV) Announces Positive Reconciliation Results for Babicanora Vein, Weighted Average Mined Grade of 2,284 gpt AgEq including;

2.8 Metres at 15,409 gpt AgEq
4.3 Metres at 7,023 gpt AgEq
3.5 Metres at 6,632 gpt AgEq



Vancouver, British Columbia - October 16, 2019 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSX: SIL.TONYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce underground ("U/G" ) high-grade vein sampling results showing positive reconciliation compared to the resource model for the Babicanora Vein, in Area 51, of the Las Chispas Project ("Las Chispas") located in the state of Sonora, Mexico.


Reconciliation results between the actual mined vein and the resource model from the U/G mining of the Babicanora Vein along the first 180-metres of vein strike length, or approximately 20% of the mineralized length in Area 51, are shown in the highlights below (see attached Figures).

Highlights of Babicanora Vein Reconciliation (Estimates)
·        Weighted average grade of U/G sampling results in vein: 14.89 gpt Au and 1168.0 gpt Ag, or 2,284 gpt AgEq
·        Estimated grade (cut) of actual mined Babicanora Vein: 15.18 gpt Au and 1071.0 gpt Ag, or 2,209 gpt AgEq
·        Feb. 2019 resource modelled grade (cut) for mined area: 4.48 gpt Au and 556.2 gpt Ag, or 892 gpt AgEq
·        AgEq* grade percent difference between actual versus model: +147.7%
·        Estimated tonnage of the actual mined Babicanora Vein: 4,170
·        Feb. 2019 resource modelled tonnage for mined area: 6,226
·        Tonnage percent difference between actual versus model: -33.0%
·        Estimated actual AgEq contained ounces within the mined area: 299,000
·        Feb. 2019 resource modelled AgEq contained ounces in mined area: 179,000
·        AgEq ounce difference between actual versus model: +65.7%
·        Estimated cut & diluted actual mined & stockpiled: 7,431 tonnes grading 8.62 gpt Au and 613.4 gpt Ag, or 1,259 gpt AgEq for 301,000 AgEq Ounces
·        Cumulative surface stockpiles (new Babicanora Vein and Historic): 182,000 tonnes grading 1.68 gpt Au and 139 gpt Ag, or 264 gpt AgEq for 1,546,000 AgEq Ounces

The positive difference in the actual mined vein and the resource model is based on: 1) the presence of a high-grade clay shear zone within the vein that was not recovered in core drilling during exploration; 2) 25 metre long high-grade portion (3.5 metres wide grading of 5,680 gpt AgEq) of the mined vein that was not intersected in previous exploration drilling; 3) overall, there is more consistency in the quartz-argentite portion of the vein then previously modelled; and 4) less tonnes or vein width means higher grade mineralization which is typical in narrow epithermal-type veins. The 33% decrease in vein resource modeled tonnes (undiluted) based on vein width is noted. In a few areas during drift (development), the vein was only partially mined and future additional excavation may be warranted, after further work. Also noted are high-grade splays trending into the hangingwall and footwall of the Babicanora Vein which may justify excavation after further work. Tonnages and grades will be further reconciled as excavation continues.

A total of 725 U/G channel sample results were used for reconciliation in this news release. Reconciliation results are to be considered only an indication for potential increased grades in the Babicanora Vein and may not be representative of the entire vein. Further work is required to fully understand the grade reconciliation impact. Please see news release dated July 10, 2019 for U/G sampling results of the first 35 metres of vein development used in reconciliation. For the February 2019 resource estimate referred to above including historic stockpiles, please see the technical report titled "Technical Report and Preliminary Economic Assessment for the Las Chispas Property, Sonora, Mexico", dated effective May 15, 2019, as amended July 19, 2019 (the "PEA"). The PEA is available on SEDAR (www.sedar.com) and the Company's website (www.silvercrestmetals.com).

N. Eric Fier, CPG, P.Eng, and CEO, remarked, "There is nothing better for exploring and de-risking a mineral deposit then having easy U/G access to a wide, steeply dipping, high-grade silver-gold vein like the Babicanora Vein in Area 51. Systematic detailed sampling and mapping of U/G blast faces for tracking mined volumes, grades and reconciliation with the resource model shows our continued conservative nature in estimating grades. Although the positive 147.7% difference in grade may not be representative for all of the Babicanora Vein, we do see indications of more very high-grade mineralization on the next mining level 1111, 15 metres above the current level 1096. We will continue with vein development on multiple mining levels (15 metres spacing) and stockpiling this mined material for inspection, feasibility work and potential future processing. Approximately 400 to 600 more metres of vein development are planned for 2019 with a stockpiling target of 25,000 to 30,000 tonnes of high-grade material containing 800,000 to 1 million AgEq ounces."

The most significant U/G sample result for this release is B217-SE, which intersected 2.8 metres (estimated true width) grading 94.52 grams per tonne ("gpt") gold (or "Au") and 8,319.8 gpt silver (or "Ag"), or 15,409 gpt silver equivalent (or "AgEq", based on assumptions defined in table below). Also noteworthy are samples B210-SE at 4.3 metres grading 51.50 gpt Au and 3,160.6 gpt Ag, or 7,023 gpt AgEq, and B216-SE at 3.5 metres grading 25.27 gpt Au and 4,737.4 gpt Ag, or 6,632 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted) with composites above 1,000 gpt AgEq for this release (see attached Figures for all sample results at 1.5 metres above drift floor);

Babicanora Vein, Level 1096, Underground Channel Sample Composite Results:



Note: All numbers are rounded. Composites based on a cutoff grade of 150 gpt AgEq.

Composite are approximate true widths. Sample results stated in table are only from 1.5 metres above the drift floor. Sample results in the block model for reconciliation also include samples from 0.5 metres above floor and on the back (roof) of the drift.

* AgEq based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$17 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 90% silver and 95% gold.

All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada.

The highest-grade U/G results from 52 channel samples show an average grade of 36.2 gpt Au and 2,966.3 gpt Ag, or 5,680 gpt AgEq, which are located in a continuous 3.5 metres wide by 25 metre vein strike length (see attached Figures). This zone was not previously drilled and is considered a high-grade shoot, which requires further work to determine orientation and overall impact to resources. Startup of multiple level development will assist with 3D orientation of mineralization and multi-kilogram per tonne high-grade footprints.

The high-grade clay shear zone located within the Babicanora Vein that was not recovered during core drilling is found to pinch (<0 .1="" and="" metre="" swell="">1 metre) along the entire excavated vein development. Select samples of shear zone clays show grades of 400 to 2,200 gpt AgEq. Core loss of this high-grade zone has been noted in more areas of the Babicanora Vein and U/G triple-tube core drilling for better recovery is planned in Q4, 2019 to further determine the overall impact to resources.

Modelling for average tonnes and grade of the mined vein with a cut-off grade of 150 gpt AgEq and total diluted material (mined vein and waste rock) was completed using Leapfrog and Gemcom computer-modelling software. Reported numbers in this news release are exclusively from the 4 metre wide by 3.5 metre high excavated drift, approximately 180 metre along vein strike. No interpolation for impact of increased grades has been completed on the surrounding area of the drift. The same geostatistical methods, including top-cuts, were applied to actual mined and stockpile estimates as the February 2019 resource estimate and PEA.

As part of the ongoing reconciliation program, G Mining Services Inc. ("G Mining"), the Company's independent QP for the feasibility study, has recommended a test program to review the use of four acid digest and metallic screen analysis standard assay methodologies. Previous preliminary testing of metallic screen analysis on duplicate core samples, as presented in the PEA, suggests an increase in silver grades of 10 to 15%.

Results from further confirmatory work will be announced, once completed. Note that all of the assays included in this press release are based on the same standard assay methodology and certified lab used in the calculation of the previous resource estimate.

The Company continues to systematically and aggressively work at Las Chispas with 18 drills (16 surface and 2 U/G) currently operating to complete approximately 80 holes for 30,000 metres by the end of 2019. Drilling will consist of in-fill and expansion drilling as well as process plant site condemnation drilling. In addition, SilverCrest has six underground face excavations open to operate. To date the Las Chispas U/G development includes:

·        650 metres completed for the Santa Rosa Decline to intersect the Babicanora Vein, and beyond;
·        275 metres completed for the Babicanora Norte Ramp (also uses the Santa Rosa Decline);
·        15 metres completed for the Babicanora Central (Historic) Adit;
·        250 metres completed for level 1096 in Babicanora Vein;
·        50 metres completed for level 1111 in Babicanora Vein; and
·        240 metres of various other development including access for level 1081 in Babicanora Vein.

Feasibility work is ongoing and includes:
·        Geotechnical study to support plant site foundation design and layout;
·        U/G rock mechanics to support mining method, ground support and backfill requirements;
·        Re-design of PEA stopes by G Mining is ongoing and suggests the potential to capture a portion of PEA isolated ounces not used in economics for the feasibility study;
·        Metallurgical test work to support metallurgical recoveries and plant site design; and
·        Hydro-geology studies including the completion of pump tests to prove the water resources. Initial estimate suggests that ample water is available.

As U/G development and drilling progresses, the Company anticipates to announce further reconciliation results before the end of the year and over 100 drill holes in the lab awaiting assay results to be compiled and released in Q4, 2019.

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, and CEO for SilverCrest, who has reviewed and approved its contents.

Conference Call
SilverCrest will host a conference call today, October 16, at 7:00am PDT/10:00am EDT. Participants may dial in to the call using the numbers below (no access code is needed):
·        Toll Free Canada/US: 1-800-319-4610
·        International: 1-604-638-5340
·        The conference call will be available for playback until October 30, 2019 by dialing 1-800-319-6413 (toll free Canada/US) or +1-604-638-9010 (international), quoting access code 3762.

ABOUT SILVERCREST METALS INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. The Las Chispas Project consists of 28 mineral concessions, of which the Company has 100% ownership of where all the resources are located. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project resulting in numerous discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.

FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's exploration and drilling programs of the Las Chispas Property, including construction of the Area 51 decline, metallurgical test, mineralization estimates and grades for drill intercepts, permitting for various work, and optimizing and updating the Company's resource model and preparing a feasibility study; information with respect to high grade areas and size of veins projected from underground sampling results and drilling results; and the accessibility of future mining at the Las Chispas Property. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the reliability of mineralization estimates, the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.




Figure 1: Underground Sampling of Babicanora Vein, Area 51 Zone, Santa Rosa Decline, Level 1096

Figure 2: Long Section (Inclined) of Area 51 Zone, Babicanora Vein Las Chispas Property, Looking Southwest



Figure 3: Babicanora Vein Geology & Sample Locations Plan Map 1096 Level, Samples 1.5m above floor, October 2019



Figure 4: Cross Section of Blast #217, AgEq Block Model Comparison for Babicanora Vein Reconciliation (Looking Northwest)



Figure 5: Babicanora Vein, Underground Level 1096, Blast #217, Face Mapping and Sampling (Looking Southeast)

N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.

For Further Information:
SilverCrest Metals Inc.
Contact: Jacy Zerb, Investor Relations Manager
Telephone: +1 (604) 694-1730
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1730 (Canada & USA)
Email: 
info@silvercrestmetals.com
Website: 
www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1

SilverCrest Metals Inc. (TSXV: SIL.V; NYSE: SILV) is a featured company on Investorideas.com



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.
Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy:
Disclosure: Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2017.


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Tuesday, October 15, 2019

The #AIEye: Premier Health (CSE: $PHGI.C) to Leverage IBM #Watson (NYSE: $IBM), NICE (Nasdaq: $NICE) Performance Management Utilizes #AI-Driven Analytics

The #AIEye: Premier Health (CSE: $PHGI.C) to Leverage IBM #Watson (NYSE: $IBM), NICE (Nasdaq: $NICE) Performance Management Utilizes #AI-Driven Analytics

Global ANN Market to Hit $296 Million USD in 2024




Point Roberts WA, Vancouver BC – October 15, 2019  – Investorideas.com (www.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:

Read this in full at


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

Stocks discussed: (CSE:PHGI) (NYSE:IBM) (NasdaqGS:NICE) (ASX:BRN)

Canadian health technology firm Premier Health Group (CSE:PHGI) is working with IBM (NYSE:IBM) to leverage the latter’s Watson AI into its patient centric telemedicine app. Dr. Essam Hamza, CEO of Premier Health, commented:

“The future of health is being transformed with technologies like AI, and we are thrilled to be working with the experts at IBM. As a doctor and previous clinic owner, I understand the frustrations patients have connecting with overstretched clinic staff. In addition, inefficient use of resources amount to increasing challenges in primary care. Our new initiative is curated for medical clinic owners and operators to reduce the burdensome overhead associated with day to day logistical operations while also improving patient care. The key for the future sustainability of healthcare is efficient and streamlined workflows and with the use of IBM’s cutting-edge AI technology, we have the power to completely disrupt and revolutionize the delivery of healthcare.”

NICE Ltd (NasdaqGS:NICE) is enhancing employee engagement and improving organizational performance in its NICE Performance Management (NPM) solution using AI-driven analytics. NPM’s AI-driven analytics will streamline supervisory responsibilities. Barry Cooper, President, NICE Enterprise Group, said:

"We are excited to share these first-of-their-kind capabilities which revolutionize the way organizations use and benefit from performance management. By leveraging AI-based analytics, NPM eliminates the leg work supervisors traditionally need to invest in. Moreover, organizations can now not only measure the impact of coaching in terms of ROI but also continuously improve it so that business objectives are consistently met – enabling a win-win-win for employees, supervisors and the organization."

BrainChip Holdings Ltd (ASX:BRN) is introducing its Akida Neuromorphic System-on-Chip to audiences at the Linley Fall Processor Conference October 23 and 24 at the Hyatt Regency Hotel in Santa Clara, CA. BrainChip Chief Development Officer Anil Mankar explained:

“Spiking neural networks have many attractive characteristics, such as rapid learning capabilities, and low compute and memory overhead. I am excited to have the opportunity to share with attendees of the Linley Fall Processor Conference how Akida’s capabilities open up hundreds of new possibilities for applications operating at the edge.”

Global ANN Market to Hit $296 Million USD in 2024

A report from Research and Markets finds that the global Artificial Neural Network (ANN) market is projected to grow from $117 million in 2019 to $296 million in 2024, with a compound annual growth rate (CAGR) of 20.5 percent in that forecast period. An excerpt from the report description reads:

The ANN market is driven by enhanced processing power, learning ability, and speed of neural networks to drive the growth of the market. However, Difficulty in tracking the outcomes of in-process stages can hinder the growth of the ANN market.

The ANN market is segmented based on components, such as solutions, platform/API, and services. The solution segment is expected to grow at a rapid pace during the forecast period. An efficient ANN solutions offer greater flexibility to developers for programming owing to the ability to design and train customized deep neural networks, and it also provides interfaces to common programming language. ANN solutions help organizations to perform such cognitive functions as problem-solving and machine learning.

Sam Mowers, Investorideas.com

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About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

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