#AIEye #Podcast Episode 487: AWS (NasdaqGS: $AMZN) Announces Five New ML Services at re:Invent Conference and Baidu (NasdaqGS: $BIDU) Named Leader in #AI-Patent Applications in China for 2020; #artificialintelligence
Global AI in Commerce Market to Reach $1.977 Billion by 2027
Point Roberts WA, Vancouver BC – December 2, 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/2020/120220-AI-Eye.mp3
Read this in full at
https://www.investorideas.com/news/2020/artificial-intelligence/12021AMZN-BIDU.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:AMZN) (NasdaqGS:BIDU)
Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has announced five new machine learning services – Amazon Monitron, Amazon Lookout for Equipment, AWS Panorama Appliance, AWS Panorama SDK, and Amazon Lookout for Vision – to “help industrial and manufacturing customers embed intelligence in their production processes in order to improve operational efficiency, quality control, security, and workplace safety.” This announcement was made at the AWS re:Invent virtual conference today. Briefly, according to the press release, Monitron and Lookout enable machine learning-powered predictive maintenance, and Panorama “uses computer vision to improve industrial operations and workplace safety.” Swami Sivasubramanian, Vice President of Amazon Machine Learning for AWS, explained:
"Industrial and manufacturing customers are constantly under pressure from their shareholders, customers, governments, and competitors to reduce costs, improve quality, and maintain compliance. These organizations would like to use the cloud and machine learning to help them automate processes and augment human capabilities across their operations, but building these systems can be error prone, complex, time consuming, and expensive. We’re excited to bring customers five new machine learning services purpose-built for industrial use that are easy to install, deploy, and get up and running quickly and that connect the cloud to the edge to help deliver the smart factories of the future for our industrial customers."
Baidu, Inc. (NasdaqGS:BIDU), according to a recent study published by two units of China's Ministry of Industry and Information Technology (MIIT), “holds the most AI-related patents and has filed the most AI-related patent applications of any company or organization in China.” As of October this year, the company has filed a total of 9,364 AI-related patent applications, of which it has been granted 2,682. These cover an array of sub-fields of AI, including deep learning, autonomous driving, and NLP and intelligent speech technologies.
Global AI in Commerce Market to Reach $1.977 Billion by 2027
A report published by Data Bridge Market Research finds that the global AI in Commerce market will grow at an average annual rate of 7.87 percent from 2020-2027 and reach $1.977 billion by 2027. An excerpt from the report’s description explains:
Commerce AI business is developing at a firm movement and is estimated to be propelled by online retailers in e-commerce purchasing, style stores, and repository mechanization. The impeccable keen sightedness of AI in enterprises will transform the purchasing practice, decision building will be responsive and most of the methods will be automated. Also, upcoming technologies like big data will moreover heighten the extent of the market.
Sam Mowers, Investorideas.com
Read and hear other editions of the AI Eye
For a list of artificial intelligence stocks on Investorideas.com visit here
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash and others.
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:
https://www.investorideas.com/Audio/
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. 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 Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android
Join our Investor Club https://www.investorideas.com/membership/
Contact Investorideas.com
800 665 0411
Get more Technology stock investor ideas - news, articles, podcasts and stock directories