Thursday, October 27, 2022

#GreenMetals #Stock in the News - Defense Metals (TSX-V: DEFN.V) (OTCQB: DFMTF) Reports Drills Results - 113 metres of 2.50% Total Rare Earth Oxide at Wicheeda; @defensemetals

#GreenMetals #Stock in the News - Defense Metals (TSX-V: DEFN.V) (OTCQB: DFMTF) Reports Drills Results - 113 metres of 2.50% Total Rare Earth Oxide at Wicheeda; @defensemetals

 

Vancouver, British Columbia – October 27, 2022: Investorideas.com Newswire, -Mining/Metals/ Green Energy Stock news-  Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce high-grade Rare Earth Element (“REE”) assay results from one additional core hole, totalling 383 metres (m), collared within the northern area of Defense Metals’ 100% owned Wicheeda REE Deposit.

 

Read this news, featuring DEFN in full and see images and table at https://www.investorideas.com/news/2022/mining/10271DEFN-Rare-Earth-Oxide-Wicheeda.asp

 

Infill drill hole WI22-70 (-55o dip / 234o azimuth) was drilled southwest within the northern area of the deposit intersected a broad zone of mineralized dolomite carbonatite averaging 2.50% total rare earth oxide (“TREO”) over 113 metres (m)[1] (Figure 1).

 

The Company is also pleased to report the completion of the Wicheeda REE Deposit resource delineation and pit geotechnical diamond drilling campaign for the 2022 exploration season. This year a total of 5,500 metres of diamond drilling was completed in 18 holes. The 2022 drilling included completion of five (5) pit slope geotechnical and hydrogeologic holes totalling 1,150 metres, which were designed in part to support a Preliminary Feasibility Study (PFS) expected to commence Q4 2022.

 

Kristopher Raffle, P.Geo. and Director and QP of Defense Metals stated: “The 2022 Wicheeda drilling continues to meet or exceed expectations, yielding broad zones of mineralized dolomite-carbonatite that in the case of WI22-70 announced today serves to support, and refine confidence in, our PEA mineralized volumes.”

 

About the Wicheeda REE Property

The 100% owned 4,244-hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is near infrastructure, including power transmission lines, the CN railway, and major highways.

 

The Wicheeda REE Project yielded a robust 2021 preliminary economic assessment technical report (PEA) that demonstrated an after-tax net present value (NPV@8%) of $517 million, and 18% IRR[2]. A unique advantage of the Wicheeda REE Project is the production of a saleable high-grade flotation-concentrate. The PEA contemplates a 1.8 Mtpa (million tonnes per year) mill throughput open pit mining operation with 1.75:1 (waste:mill feed) strip ratio over a 19 year mine (project) life producing and average of 25,423 tonnes REO annually. A Phase 1 initial pit strip ratio of 0.63:1 (waste:mill feed) would yield rapid access to higher grade surface mineralization in year 1 and payback of $440 million initial capital within 5 years.

 

Methodology and QA/QC

The analytical work reported on herein was performed by ALS Canada Ltd. (ALS) at Langley (sample preparation) and Vancouver (ICP-MS fusion), B.C. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of the Defense Metals and the QP. Drill core samples were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250-gram split to 85% passing 75 microns. A 0.1-gram sample pulp was then subject to multi-element ICP-MS analysis via lithium-borate fusion to determine individual REE content (ME-MS81h). Defense Metals follows industry standard procedures for the work carried out on the Wicheeda Project, with a quality assurance/quality control (QA/QC) program. Blank, duplicate, and standard samples were inserted into the sample sequence sent to the laboratory for analysis. Defense Metals detected no significant QA/QC issues during review of the data.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Project has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in NI 43-101. Mr. Raffle verified the data disclosed which includes a review of the sampling, analytical and test data underlying the information and opinions contained therein. 

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the acquisition, exploration and development of mineral deposits containing metals and elements commonly used in the electric power markets, defense industry, national security sector and in the production of green energy technologies, such as, rare earths magnets used in wind turbines and in permanent magnet motors for electric vehicles. Defense Metals owns 100% of the Wicheeda Rare Earth Element Deposit located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

 

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

 

This news release contains “forwardlooking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to advancing the Wicheeda REE Project, drill results including anticipated timeline of such results/assays, commencement of the PFS, the Company’s plans for its Wicheeda REE Project, expanded resource and scale of expanded resource, expected results and outcomes, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations),  risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed drilling results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forwardlooking statements or forwardlooking information, except as required by law.

 

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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure   this  DEFN news is a paid news release on investorideas.com – learn more about costs and services https://www.investorideas.com/News-Upload/

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[1]The true width of REE mineralization is estimated to be 70-100% of the drilled interval.

[2] Independent Preliminary Economic Assessment for the Wicheeda Rare Earth Element Project, British Columbia, Canada, dated January 6, 2022, with an effective date of November 7, 2021, and prepared by SRK Consulting (Canada) Inc. is filed under Defense Metals Corp.’s Issuer Profile on SEDAR (www.sedar.com).

#HealthandWellness #Stock News – Endexx ( OTCBB: $EDXC) Secures Third Order for #NonNicotine #Vape Product HYLA™ Worth Approximately $1.5M in Revenue for First two Fiscal Quarters of 2023; @EndexxCorp

#HealthandWellness #Stock News – Endexx ( OTCBB: $EDXC)  Secures Third Order for #NonNicotine #Vape Product HYLA Worth Approximately $1.5M in Revenue for First two Fiscal Quarters of 2023; @EndexxCorp

 

 

$2.3 million in HYLA Purchase Orders Generated in Western Asia, West Coast America and Dubai in First 55 days since Acquisition

 


 

CAVE CREEK, Az., October 27, 2022 – Investorideas.com Newswire)  Endexx Corporation (OTCBB:EDXC),, a provider of innovative, plant-derived, and sustainable health and skincare products, today announces it has secured three key significant orders for its newly acquired, non-nicotine plant-based vape product, HYLA.  These orders provide a combined $2.3 million revenue in the first two fiscal quarters.

 

Read this news, featuring EDXC in full at https://www.investorideas.com/news/2022/lohas/10271Endexx-HYLA-Revenue.asp

 

The orders came from distributors in the Western Region in the US, a Central Asian nation and Dubai in the UAE.  The first two will bring a combined approximate revenue of $827,000, with the Dubai order providing another approximately $1,500,000 in revenue during Endexx’s first two fiscal quarters.  The Dubai order extends over six months with potential for accelerated growth.

 

Todd Davis, CEO of Endexx, stated, “HYLA has been an important addition to our product offerings, while maintaining our mission statement of providing innovative, plant-based consumer products to the consumer.  Importantly, this first set of orders puts us on track to recoup the investment made to acquire HYLA by the second quarter of this year, and to significantly increase our overall revenue intake.

 

Nick Mehdi, CEO of the Hyla division stated, “The Dubai, UAE market is very influential in identifying trends, consumer behavior and market expansion in the Mid-East.” Mr. Mehdi added, “HYLA products represent the best alternative to replace Nicotine Based vape products,  both internationally and here in the US.” Mehdi concluded that, “The Dubai transaction opens

the entire market in the region and we anticipate significant growth in distribution.”

 

“Combined with both our CBD pain and men’s skincare products and non-CBD skincare line, we believe we are creating an important niche franchise that will appeal to an increasingly wider audience worldwide.  Our distribution for our Blesswell line includes some of the major retailers in the nation, including Target, CVS and Amazon, and we are confident that the HYLA acquisition – in addition to generating revenue from direct sales – will also provide us additional international access.  We look forward to continuing to update shareholders on our progress,” concluded Mr. Davis.

 

About Endexx Corporation

Endexx Corporation develops and distributes all-natural, plant-derived topical skincare products.  Its products vary from balms, creams, lotions, butters, masks, scrubs, and oils, all with the shared purpose of healthy skin and grooming wellness.  The science behind these products involves a decade of clinical research in the field and lab work to provide functional formulation with ingredients for optimal absorption and support of skin health. www.endexx.com

www.tryHyla.com

 

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

We caution that any forward-looking statements (as such term is defined in the U.S. Private Securities Litigation Reform Act of 1995) contained in this press release or made by us, our management, or our spokespeople involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Forward-looking statements include, without limitation, statements regarding our future operating results, the implementation and impact of our strategic plans, and our ability to meet environmental, social, and governance goals. Words such as “estimate,” “commit,” “target,” “goal,” “project,” “plan,” “believe,” “seek,” “strive,” “expect,” “anticipate,” “intend,” “potential” and any similar expressions may identify forward-looking statements. Risks associated with the following factors, among others, could affect our financial performance and cause actual results to differ materially from those expressed or implied in any forward-looking statements:

 

Except as may be required by law, we assume no obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this press release to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events, even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. More information on potential factors that could affect our results is included “Risk Factors” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2022.

 

For further information, please contact:
Endexx Corporation
Endexx@endexx.com
480-595-6900

 

Investors:

Scott Arnold

CORE IR

scotta@coreir.com

Media:

Jules Abraham
CORE IR

Email: julesa@coreir.com

Phone:  917-885-7378

 

Paid News -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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. Disclosure : this news release featuring Endexx Corporation is a paid for service  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 Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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#Cleantech and #ClimateChange #Podcast - #EV #Stocks; The Growth Story Continues (NASDAQ: $MULN) (NASDAQ: $TSLA) (NYSE: $GM) (NASDAQ: $LCID) @Mullen_USA @Tesla @GM @LucidMotors @BMWGroup



 

#Cleantech and #ClimateChange #Podcast - #EV #Stocks; The Growth Story Continues (NASDAQ: $MULN) (NASDAQ: $TSLA) (NYSE: $GM) (NASDAQ: $LCID) @Mullen_USA @Tesla @GM @LucidMotors @BMWGroup

 

Vancouver, Kelowna, Delta, BC, October 27, 2022 - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks issues a new  edition of the Cleantech and Climate Change Podcast reviewing top news in EV stocks, featuring Electric Vehicle Stock Mullen Automotive, Inc. (NASDAQ: MULN).

 

The growth story of the EV market continues in spite of recent concerns expressed by Elon Musk in the Tesla (NASDAQ: TSLA) earnings call, discussing the economy and market in China. "China is experiencing a recession of sorts.”

 

On Monday Tesla announced price cuts to the Model 3 and Model Y electric cars in China and stocks like NIO Inc. (NYSE: NIO) fell, but the drop was short-lived and the sector is still driving forward with impressive global expansion.  

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2022/102622-CleanTech.mp3

 

Read this in full at https://www.investorideas.com/news/2022/cleantech-climatechange/10271MULN-TSLA-GM-LCID.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Mullen Automotive, Inc. (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced earlier this week it has secured exclusive sales, distribution and branding rights to the new compact urban delivery electric vehicle, the I-GO™, which is fully EU Standard homologated and certified for sale in select European markets.

 

Perfect for urban European markets, the I-GO™ bridges the gap between the growing demand for quick deliveries and space constraints found throughout the dense cities of Europe.

 

There is high demand for ready to market urban delivery vehicles in Europe. The Company has seized the opportunity to extend its branding and marketing reach to the European market through its partnership with the manufacturers of the I-GO™. The Mullen I-GO™, intended for companies focusing on last mile deliveries, is based on a 96-inch wheelbase, 16.5-kWh battery pack, rear-wheel drive, and a curb weight of 1,753 lbs. With a range of 124 miles, according to NEDC estimate, the vehicle can easily handle the stop/go and weave in/out typical of narrow European urban streets. The I-Go was built with the intention to get to the customer's door faster, all while decreasing pollution and congestion levels across Europe. The I-GO™ will have a starting price of $11,999 plus VAT and local transportation and will be retailed and serviced through local European distributors.

 

The I-GO™ will join Mullen’s current commercial vehicle lineup which includes Class 1 and 2 EV cargo vans. Mullen recently made a majority acquisition of Bollinger Motors, whose portfolio includes Class 3 through Class 6 commercial vehicles. In addition to securing the exclusive sales, distribution and branding rights for the I-GO™ for Spain, France, Germany, UK and Ireland, the Company entered into an Asset Purchase Agreement to acquire all assets of Electric Last Mile Solutions, Inc. and Electric Last Mile, Inc. (“ELMS”) from the ELMS Bankruptcy Estates.

 

General Motors Co. (NYSE: GM) reported third-quarter results this week. In the GM Chair and CEO Mary Barra's letter to shareholders, she reported, “We earned more than 8% of the U.S. electric vehicle market in the third quarter thanks to record sales of the Chevrolet Bolt EV and Bolt EUV. Our dealers and customers have embraced the Bolt because of its range, technology and value, helping it outsell Ford’s Mach-E by more than two to one in September.

 

The Chevrolet Equinox EV and the GMC Sierra EV that we revealed in recent weeks, along with the Chevrolet Silverado EV and Blazer EV, are cornerstones of our strategy to rapidly grow EV volumes by winning in high-volume segments. They have all been incredibly well received by customers and industry experts who see them driving rapid EV adoption and conquest sales for GM, including in coastal markets.

 

The Chevrolet Bolt EV and Bolt EUV will continue to play an important role too. We’re increasing production from 44,000 units this year to 70,000 units next year, and we will leverage our industry-leading loyalty to move these customers into one of our new EVs for their next purchase.”

 

Lucid Group, Inc. (NASDAQ: LCID),  with the longest-range, fastest-charging electric car on the market, announced the opening of its first Studio in the Middle East, located in Riyadh, Saudi Arabia. The luxury retail space will invite customers to experience the brand and its products in the heart of Riyadh's Al Nakheel District. With a direct-to-consumer model, every Lucid Studio offers a digitally oriented premium experience tailored to each customer's preferences, whether they visit in person, make enquiries entirely online, or combine the two.

 

"The launch of our first Studio in the Middle East marks yet another step towards Lucid's mission to inspire the adoption of sustainable energy on a global scale, and I'm delighted this brand-new studio is set to open here in Saudi Arabia," said Peter Rawlinson, Lucid's CEO and CTO. "Saudi Arabia recognizes the seismic transition toward automobile electrification and it looks to the future to secure a better world for generations to come with Saudi Vision 2030."

 

Lucid's Riyadh Studio will allow customers to fully experience the brand and gain information about its products in a location that underscores the company's unique design aesthetic. Exploring a Lucid Studio, visitors will get a vision of how the company draws inspiration from the beauty, innovation, and diversity of its home, the state of California.

 

In other big news in the sector, BMW Group (BMW.DE) recently announced a $1.7 Billion (USD) investment to build electric vehicles in the US. Of the total, $1 billion will be to prepare for the production of electric vehicles at the company’s existing US manufacturing facility in South Carolina, and $700 million to build a new high-voltage battery assembly facility in nearby Woodruff, SC. By 2030, BMW Group will build at least six fully electric models in the US.

 

The new facility will encompass over 1 million sq. ft., and produce next generation batteries for fully electric vehicles. Around 300 new jobs will be created on site.

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following cleantech stocks we do have a directory of publicly traded stocks – visit

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We publish breaking stock news, stock research, and 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. 

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: this news article featuring MULN is a paid for news release 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/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Wednesday, October 26, 2022

#AIEye #Podcast 732: #Stocks discussed: (NYSE: $WFC) (NYSE: $IBM) #artificialintelligence



 

 

#AIEye #Podcast 732: #Stocks discussed: (NYSE: $WFC) (NYSE: $IBM) #artificialintelligence

 

Wells Fargo’s New Virtual Assistant Leverages AI from Google Cloud, and IBM Expands AI Software Portfolio

 

Global #AI in #SpeechRecognition Market to reach $45.35B by 2032

 

Vancouver, Kelowna, Delta, BC – October 26, 2022  – 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/2022/102622-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/10261WFC-IBM.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:WFC) (NYSE:IBM)

 

Wells Fargo & Company (NYSE:WFC) has ​​announced that Fargo, its new virtual assistant set to roll out in the “coming months,” “will leverage Google Cloud’s artificial intelligence (AI) to provide a more personalized, convenient, and simple banking experience.” Fargo, according to the press release, aims to help customers with servicing their accounts, managing debit cards, and checking credit limits. Yolande Piazza, VP of Financial Services at Google Cloud, said:

 

"Today’s announcement marks a milestone for Google Cloud as we expand our partnership with Wells Fargo to evolve the digital banking experience. By pairing our leading AI and natural language processing capabilities with Wells Fargo’s industry-leading banking experience, we can provide customers with connected, personalized tools that seamlessly blend with their financial needs."

 

IBM (NYSE:IBM) has announced an expansion to its embeddable AI software portfolio with the launch of three AI libraries, which aims to help Independent Software Vendors (ISVs) across industries to develop “natural language processing, speech to text, and text to speech capabilities into applications across any hybrid, multi cloud environment.” Kate Woolley, General Manager, IBM Ecosystem, said:

 

"Enterprises must commit to a significant investment in expertise, resources and time required to build, deploy and manage AI-powered solutions. By bringing to market the same portfolio of embeddable AI technology that powers our industry-leading IBM Watson products, we are helping Ecosystem partners more efficiently deliver AI experiences that can drive business value for their clients."

 

Global AI in Speech Recognition Market to reach $45.35B by 2032

 

A report published by Adroit Market Research finds that the global AI in Speech Recognition market is projected to grow from $14.58 billion USD in 2022 to $45.35 billion by 2032, registering a compound annual growth rate (CAGR) of 16.24 percent in the forecast period 2022-32. The following excerpt from the report’s summary outlines the impact of technological development on the market:

 

By using a number of procedures, including as the representation of speech units, the formulation and development of recognition algorithms, as well as the display of suitable inputs, artificial intelligence transforms voice beautifully into well-structured algorithms. The development of the artificial intelligence-based technology sector is anticipated to be supported by the expanding developments in machine learning and natural language processing.

 

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

 

About Investorideas.com - Big 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. 

 

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