The #AI Eye: Veritone (Nasdaq: $VERI) Expands Agreement with Beasley Media Enabling Greater Adoption of aiWARE Platform and Cognetivity Neurosciences (CSE: $CGN.C) Raise $4.1 Million for Breakthrough AI Tech
Global Self-Driving Vehicle Market to Hit $172.3 Billion by 2024
Point Roberts, WA and Vancouver, BC - January 24, 2019 (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: Veritone (Nasdaq: $VERI) Expands Agreement with Beasley Media Enabling Greater Adoption of #aiWARE Platform
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Global Self-Driving Vehicle Market to Hit $172.3 Billion by 2024
A new report from Research and Markets finds that the Global Self-Driving Vehicle market will reach $172.3 billion USD by 2024. Data indicates that North America is expected to lead this sector through the forecast period of 2019-2024 and that the global long haul trucking market will grow at a compound annual growth rate (CAGR) in excess of 60 percent in the same period. An excerpt from the report summary reads:
In terms of general consumer adoption, the publisher anticipates that end-users will not fully embrace self-driving vehicles until the 2024 timeframe. In addition to overcoming public trust factors relative to safety, the autonomous vehicle market is also focused on the major consumer upsides to self-driving vehicles, which include less expensive transport, opportunities for ride sharing and fractional ownership, and ultimately reduced outright leasing and ownership of cars, vans, and trucks.
Veritone Expands Agreement with Beasley Media Enabling Greater Adoption of aiWARE Platform and Cognetivity Neurosciences Raise $4.1 Million for Breakthrough AI Tech
Stocks discussed: (NasdaqGM:VERI) (NasdaqGM:BBGI) (CSE:CGN)
Veritone, Inc. (NasdaqGM:VERI) has announced a renewed and expanded multi-market licensing agreement with Beasley Media Group, a subsidiary of Beasley Broadcast Group (NasdaqGM:BBGI). Veritone's aiWARE platform enables Beasley Media Group to provide advertisers and brands with near real-time insights and analytics into their advertising campaigns. The agreement doubles the number of stations using aiWARE to 28, across six markets. Veritone co-founder and President Ryan Steelberg commented:
"Veritone developed aiWARE so that organizations in virtually any industry can easily take advantage of the power of artificial intelligence. Media broadcasters were the first industry segment to adopt aiWARE and we're thrilled that radio station groups of all sizes are experiencing great success and operational efficiencies by using our AI platform. Their advertising customers benefit from new insights and campaign performance analytics similar to those in digital media, enabling budget and campaign optimization in whole new ways. It's a win-win situation for both radio stations and advertisers."
Cognetivity Neurosciences Ltd. (CSE:CGN) has recently raised $4.1 million to commercialize breakthrough AI technology to improve dementia diagnoses through the UK, which could potentially save $118,000 per patient. According to a press release, "The company's five-minute Integrated Cognitive Assessment (ICA) test uses AI and machine learning techniques to help detect the earliest signs of impairment by testing the performance of large areas of the brain, potentially allowing early diagnosis of dementia." Dr. Sina Habibi, the company's CEO and Director, said:
"2019 has got off to a great start, with Cognetivity being featured in Forbes as one of five young companies making an impact on the world to watch In 2019. Our main goal is, and always has been for our technology to help as many people as possible, and this recognition is another fantastic endorsement of our aims and the company's enormous potential."
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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