The AI Eye: NVIDIA ( $NVDA) Sees Record Adoption of T4 GPU - Including Google Cloud, Nuance's ( $NUAN) AI-Powered Diagnostics Curbing Radiologist Burnout
#AI in HealthCare Market Moves to $12 Billion USD by 2023, According to New Report from Market Research Future
Point Roberts, WA and Vancouver, BC - November 13, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) , in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
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The AI Eye: NVIDIA ( $NVDA) Sees Record Adoption of T4 GPU - Including Google Cloud, Nuance's ( $NUAN) AI-Powered Diagnostics Curbing Radiologist Burnout
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
AI in HealthCare Market Moves to $12 Billion USD by 2023, According to New Report from Market Research Future
A new report from Market Research Future projects that the AI Healthcare Market is moving to reach $12 billion USD by 2023. Herald Keeperbreaks down the report, indicating that AI’s application in medicine is wide-ranging, encompassing medication management, treatment plans, and drug discovery.
The financial drivers of healthcare artificial intelligence market are savings and reduction of waste and duplication, market demand forecasting, financial growth and risk assessment, and others. The growing seed and venture funding is another bright spot for the market as the AI market benefits a small player with advanced proprietary technology over a large firm. The cost of up scaling once the technology is developed is lower as compared to development costs which reduces the barrier for a start-up company. The clinical drivers of the market are automated diagnosis by pattern recognition in imaging, voice etc., advancements in robotic surgery, rise in adoption of precision medicine, growing number of clinical trials and others.
NVIDIA Sees Record Adoption of T4 GPU – Including Google Cloud, Nuance's AI-Powered Diagnostics Curbing Radiologist Burnout and LogMeIn Names New COO
Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:GOOGL) (NasdaqGS:NUAN) (NasdaqGS:LOGM) (NYSE:IBM)
NVIDIA Corporation (NasdaqGS:NVDA) has announced that the NVIDIA® T4 GPU, released just two months ago, has received the fastest adoption of any server graphics processing unit. The T4 is featured in 57 separate server designs from the world’s leading computer makers, and is also now available in the cloud, with the first availability of the T4 for Google Cloud Platform customers. Damon Heredia, senior director of Product Management at Google (NasdaqGS:GOOGL) Cloud commented on the development:
“Real-time visualization and online inference workloads need low latency for their end users. We are delighted to partner with NVIDIA to offer T4 GPU support for Google Cloud customers. NVIDIA T4 GPUs for Google Cloud offer a highly scalable, cost-effective, low-latency platform for our ML and visualization customers. Google Cloud’s network capabilities together with the T4 offering enable customers to innovate in new ways, speeding up applications while reducing costs.”
Nuance Communications, Inc.’s (NasdaqGS:NUAN) portfolio of AI-powered diagnostic solutions is helping curb radiologist burnout, according to a press release today. The release details how AI-powered diagnostic workflow and reporting solutions, real-time image sharing and communication, powerful performance and analytics tools and an open platform for sharing AI algorithms are enabling radiologists to improve the efficiency and accuracy of disease detection, diagnosis and treatment.
LogMeIn, Inc. (NasdaqGS:LOGM) has named Marc van Zadelhoff as its new Chief Operating Officer (COO). Van Zadelhoff was formerly the General Manager for IBM (NYSE:IBM) Security. LogMeIn President and CEO Bill Wagner commented on the hire:
“Marc is an accomplished and proven leader with a strong track record of running high scale businesses. His reputation as a leading thinker in cybersecurity, along with his experience in building strong, cohesive go-to-market strategies that bridge broad, complementary portfolios – specifically in high-growth markets -- will be invaluable as we look to LogMeIn’s next chapter of growth.”
Sam Mowers, Investorideas.com
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Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
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