Investor Ideas, Trading Ideas and Stocks to Watch

Monday, August 24, 2020

#AIEye Episode 417: Nuance (NasdaqGS: $NUAN) Announces Strategic Collaboration with MITRE and Cancer Genetics (NasdaqCM: $CGIX) Enters Definitive Merger with StemoniX

#AIEye Episode 417: Nuance (NasdaqGS: $NUAN) Announces Strategic Collaboration with MITRE and Cancer Genetics (NasdaqCM: $CGIX) Enters Definitive Merger with StemoniX

Global AI in Diagnostics Market to Reach $1.3 Billion by 2026

Point Roberts WA, Vancouver BC – August 24, 2020 – 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:

https://www.investorideas.com/Audio/Podcasts/2020/082420-AI-Eye.mp3

Read this in full at http://www.investorideas.com/news/2020/artificial-intelligence/08241AIEye-NUAN-CGIX.asp

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

Stocks discussed: (NasdaqGS:NUAN) (NasdaqCM:CGIX)

Nuance Communications, Inc. (NasdaqGS:NUAN) has announced a strategic collaboration with not-for-profit R&D organization MITRE to “advance the mCODE™ (minimal Common Oncology Data Elements) data standard for improved cancer research and treatment using the AI-powered Nuance® Dragon Medical One solution.” Diana Nole, Nuance Communications, executive vice president and general manager of healthcare, explained:

“Collecting clinical data specific to oncology treatment has traditionally been a difficult task to overcome. Combining Nuance's AI expertise with the mCODE data standard provides oncologists with the ability to easily collect and gain access to critical outcome data by simply using their voice to securely dictate notes and search within the EHR using Nuance Dragon Medical One. This will garner significant advancements in data collection, which will, in turn, dramatically improve patient treatment and care."

Cancer Genetics, Inc. (NasdaqCM:CGIX) announced the entry into a definitive merger agreement with StemoniX, Inc., the latter of which is described as “a leader in developing high-throughput disease-specific human organoid platforms integrated with leading-edge data science technologies.” The terms of the merger agreement indicate that StemoniX will retain its name and merge with a newly formed subsidiary of Cancer Genetics. Jay Roberts, Cancer Genetics CEO, explained:

"The process of discovering and developing a new drug candidate takes years and comes with a price tag of hundreds of millions - or even billions - of dollars. However, we are at unique time in the drug discovery industry as the convergence of technological innovations in both biology and software will transform conventional workflows in time and accuracy. To convert the time-consuming and labor-intensive process of developing a drug for market, we now look to supplement traditional discovery and drug approval mechanisms to include humanized cell-based assays with artificial intelligence (AI) along with our core vivoPharm business. Given that our strategy and approach are strongly aligned with those of StemoniX, we are pleased to have moved forward with this proposed transaction.”

Global AI in Diagnostics Market to Reach $1.3 Billion by 2026

Research from ReportLinker finds that the global AI in Diagnostics market will reach $1.3 billion by 2026 with a compound annual growth rate (CAGR) of 27.4 percent in the forecast period 2020-2026. An outline from the report’s summary reads:

Artificial intelligence in healthcare is one of the most important scientific advancements in medicine so far. The participation of several start-ups in the development of AI-driven imaging and diagnostic solutions is a key factor contributing to the growth of the sector.

Artificial intelligence applications vary from image acquisition, processing to aided reporting, follow-up, data storage, data mining, etc. The report provides a balance between threats to AI and opportunities for radiologists in the modern medical world. The use of machine learning combines computational models and algorithms that replicate the brain’s biological neural network architecture, i.e., artificial neural networks (ANNs). Output wise, Deep learning has a higher rate of success relative to conventional machine learning.

Sam Mowers, Investorideas.com

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#CryptoCorner Episode 442: #Crypto Firm Bluesky (CSE: $BTC.C) Announces Crypto Valley Association Membership, and China’s #DigitalCurrency Being Tested on Small Transactions

#CryptoCorner Episode 442: #Crypto Firm Bluesky (CSE: $BTC.C) Announces Crypto Valley Association Membership, and China’s #DigitalCurrency Being Tested on Small Transactions

Point Roberts, WA, Delta BC August 24, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

Listen to today’s Crypto Corner Podcast: https://www.investorideas.com/Audio/Podcasts/2020/082420-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/08241Bluesky-China.asp

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Stocks discussed: (CSE:BTC) (NasdaqGS:FB)

Crypto mining firm Bluesky Digital Assets Corp. (CSE:BTC) has announced its membership in the Crypto Valley Association (CVA). The Swiss-based CVA is described as “an independent, government-supported organization,” whose “mission is to build the world's leading ecosystem for blockchain and cryptographic technologies.” Bluesky's CEO Ben Gelfand commented:

"We wanted to be part of one of the world leading blockchain ecosystems that welcomes individuals, small and large companies from all over the world who are interested in the long term global economic and transformational benefits coming from blockchain and cryptographic technology innovation."

A report published today by the Bank for International Settlements (BIS), titled: Rise of the central bank digital currencies: drivers, approaches and technologies, indicates a rapid increase in public interest in CBDCs in 2020. The report presents data from Google, which shows that the amount of internet searches for CBDCs rocketed ahead of Bitcoin this year. A trend observed in the report, the decline in the use of cash, is cited as a possible driver in CBDC interest. An excerpt notes the impact of Facebook’s (NasdaqGS:FB) Libra project:

A tipping point was the announcement of Facebook’s Libra and the ensuing public sector response. As of late 2019, central banks representing a fifth of the world’s population reported that they were likely to issue CBDCs very soon.

Another factor the report cites is the COVID-19 pandemic:

During the Covid-19 pandemic, social distancing measures, public concerns that cash may transmit the Covid-19 virus and new government-to -person payment schemes have further sped up the shift toward digital payments, and may give a further impetus to CBDC.

On the subject of CBDCs, the Global Times reports that the People’s Bank of China’s (PBoC) digital currency is being tested “on small retail transactions.” This clarification comes after rumours had spread of “a housing transaction” that leveraged China's Digital Currency Electronic Payment (DCEP). Wang Peng, assistant professor of the Gaoling School of Artificial Intelligence at the Renmin University told the Global Times:

"At its current stage, the test's primary goal is to ensure the digital currency's operation runs smoothly and safe, and to determine how DCEP is distributed from the central bank to financial institutions. Only when trials in retailing are successful will they be carried out in large transaction scenarios.”

Sam Mowers, Investorideas

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Friday, August 21, 2020

The #AIEye Episode 416: AstraZeneca (NYSE: $AZN) Collaborating with Renalytix #AI (NasdaqGM: $RNLX) for Precision Medicine Strategies and Nuance (NasdaqGS: $NUAN) Advances Virtual Assistant Tech for Hey Epic! Voice Assistant

The #AIEye Episode 416: AstraZeneca (NYSE: $AZN) Collaborating with Renalytix #AI (NasdaqGM: $RNLX) for Precision Medicine Strategies and Nuance (NasdaqGS: $NUAN) Advances Virtual Assistant Tech for Hey Epic! Voice Assistant

Global Deep Learning Market to Reach $37.98 Billion by 2027

Point Roberts WA, Vancouver BC – August 21, 2020 – 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:

https://www.investorideas.com/Audio/Podcasts/2020/082120-AI-Eye.mp3

Read this in full at http://www.investorideas.com/news/2020/artificial-intelligence/08211AIEye-AZN-RNLX-NUAN.asp

Hear the Ai Eye on Spotify

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

Stocks discussed: (NYSE:AZN) (NasdaqGM:RNLX) (NasdaqGS:NUAN)

Pharmaceutical giant AstraZeneca (NYSE:AZN) and artificial intelligence diagnostics firm Renalytix AI (NasdaqGM:RNLX) are collaborating to develop and launch precision medicine strategies for cardiovascular, renal and metabolic diseases. According to the press release, “the first stage in the collaboration will use KidneyIntelX, an artificial intelligence-enabled in vitro diagnostic platform, to examine further improving outcomes for patients with chronic kidney disease (CKD) and its complications, in coordination with the Mount Sinai Health System.” Barbara Murphy, Dean for Clinical Integration and Population Health Management at the Icahn School of Medicine at Mount Sinai, and board member of RenalytixAI, commented:

“We believe this collaboration will define how we can leverage KidneyIntelX to improve the care and outcomes for patients affected by chronic diseases, such as kidney disease, diabetes, and cardiovascular disease. By using a more personalized approach, our initial goal is to help realize improved outcomes for more than 240,000 patients with chronic kidney disease within the Mount Sinai Health System.”

Nuance Communications, Inc. (NasdaqGS:NUAN) has announced “the advancement of Nuance's virtual assistant technology for customers using the Epic electronic health record (EHR),” integrating with Hey Epic! voice assistant. Peter Durlach, senior vice president, strategy and new business development, Nuance, said:

"We have long focused our conversational AI innovation on keeping a healthy balance for physicians and nurses between necessary administrative tasks and their primary clinical work. Our virtual assistant and ambient intelligence solutions are not just addressing that balance – they are helping to power the digital transformation of healthcare."

Global Deep Learning Market to Reach $37.98 Billion by 2027

A report from Data Bridge Market Research finds that the global Deep Learning market is projected to reach $37.98 billion by 2027 with a compound annual growth rate (CAGR) of 34 percent in the forecast period 2020-2027. An excerpt from the report description reads:

Some of the factors driving the market growth are: advancing computing potential, including diminishing device price, progressing enactment of cloud-based technology, penetration of deep learning practice in big data [systems], and increasing artificial intelligence acceptance in client-centric assistance.

During the [forecast period] some of the factor[s] [that] may hinder the market growth [include]: [the] developing complexity in tools due to complicated algorithms applied in technology, the need for technological experts and the deficiency of measures and customs. To overcome these hindrance[s], [the] existence of insufficient structured data is expected to boost the market for deep learning solutions, and [the] heightening expenditure in travel, hospitality businesses, and [the] healthcare industry will act as opportunity for the market growth.

Sam Mowers, Investorideas.com

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#CryptoCorner Episode 441: #Crypto Exchange INX Announces IPO, Bitfarms (TSXV: $BITF.V) Leases 1,000 Miners from BlockFills

#CryptoCorner Episode 441: #Crypto Exchange INX Announces IPO, Bitfarms (TSXV: $BITF.V) Leases 1,000 Miners from BlockFills

Point Roberts, WA, Delta BC August 21, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

Listen to today’s Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2020/082120-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/08211INX-Bitfarms.asp

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (TSXV:BITF)

INX, a digital assets exchange based in Gibraltar, announced that it will begin its initial public offering (IPO) on August 24, 2020, or “shortly thereafter,” according to a press release. INX plans to sell 130 million tokens at $0.90 each with a minimum investment of $1,000, according to the firm’s filing with the U.S. Securities and Exchanges Commission (SEC). The filing indicates that INX’s vision “is to establish two trading platforms and a security token that provide regulatory clarity to the blockchain asset industry.” An excerpt from the press release reads:

INX intends to use a portion of the net proceeds raised from the sale of INX Tokens in the Offering for the continued development and operation of INX Trading Solutions, a regulated solution for the trading of blockchain assets, including cryptocurrencies, security tokens, and their derivatives, and for the establishment of a cash reserve fund.

Bitfarms Ltd. (TSXV:BITF) has entered into a 24-month equipment lease with BlockFills for 1,000 WhatsMiner M31S+ miners to be delivered and installed in approximately two weeks. Emi Grodzki, Interim CEO of Bitfarms, commented:

"We are also pleased to partner with BlockFills to lease 1,000 new generation miners, especially during this period when available mining equipment inventory is low. Bitfarms is working with BlockFills to enter into further lease financing over the next few weeks that will allow the Company to add even more operational capacity. Given the recent rise in Bitcoin prices, Bitfarms is well-positioned as mining economics continue to improve after the Bitcoin Halving this past May and we are excited to be able to continue with the execution of our growth strategy.”

Up Korea reports that the South Korean city Daegu, the country’s fourth-largest, plans to spend 7.1 billion won (nearly $6 million USD) on education for 4th industrial revolution areas including blockchain and AI. The city’s Deputy Mayor, Hong Eui-rak, commented:

“Although local companies have been struggling to secure specialized talents in software fields such as AI and blockchain, it was regrettable that there was no specialized training program in the region. It seems that it has provided an opportunity to settle down. I will expand support to strengthen the digital competitiveness of local companies in line with the government's digital new deal policy.”

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

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About Investorideas.com - Big Investing Ideas Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.

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Investor Ideas, Trading Ideas and Stocks to Watch

Monday, August 24, 2020

#AIEye Episode 417: Nuance (NasdaqGS: $NUAN) Announces Strategic Collaboration with MITRE and Cancer Genetics (NasdaqCM: $CGIX) Enters Definitive Merger with StemoniX

#CryptoCorner Episode 442: #Crypto Firm Bluesky (CSE: $BTC.C) Announces Crypto Valley Association Membership, and China’s #DigitalCurrency Being Tested on Small Transactions

Friday, August 21, 2020

The #AIEye Episode 416: AstraZeneca (NYSE: $AZN) Collaborating with Renalytix #AI (NasdaqGM: $RNLX) for Precision Medicine Strategies and Nuance (NasdaqGS: $NUAN) Advances Virtual Assistant Tech for Hey Epic! Voice Assistant

#CryptoCorner Episode 441: #Crypto Exchange INX Announces IPO, Bitfarms (TSXV: $BITF.V) Leases 1,000 Miners from BlockFills

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