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Friday, February 15, 2019

The #AIEye: NVIDIA ( $NVDA) Announces Record Full-Year Revenue Despite Disappointing Q4, Veritone #aiWare ( $VERI) Used By College #Football Playoff

The #AIEye: NVIDIA ( $NVDA) Announces Record Full-Year Revenue Despite Disappointing Q4, Veritone #aiWare ( $VERI) Used By College #Football Playoff

Global #AI in CRM Market to Reach $123.28 Billion by 2024 with 40.19% CAGR

Point Roberts WA , Vancouver BC – February 15,  2019  – (, 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.

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

Global AI in CRM Market to Reach $123.28 Billion by 2024 with 40.19% CAGR

A report from Zion Market Research projects that the global AI in customer-relationship management (CRM) will reach $123.28 billion USD by 2024 with a compound annual growth rate (CAGR) of 40.19 percent in the forecast period 2018-2024. An excerpt from the report analysis reads:

The growth of AI in CRM is mainly attributed to increasing focus on customer engagement paired with developing customer-centric approach amongst the service providers. Additionally, increasing demand from small- and medium-sized enterprises are predicted to contribute to the growth of this market significantly in the near future. However, a limited number of AI experts in the market may hinder the market growth in the near future. Even so, solutions for business specific problems paired with increasing investment by the market participants are expected to create massive opportunities in the forecast period.

NVIDIA Announces Record Full-Year Revenue Despite Disappointing Q4, Veritone aiWare Used By College Football Playoff and BrainChip Partners With Novo Technologies
Stocks discussed: (NasdaqGS:NVDA) (NasdaqGM:VERI) (ASX:BRN)

NVIDIA Corporation (NasdaqGS:NVDA) has announced its financial results for the fourth quarter and fiscal 2019. Though the last quarter’s revenue of $2.21 billion was down from the previous year, the company scored a record full-year revenue of $11.72 billion, up 21 percent from the previous year. Jensen Huang, founder and CEO of NVIDIA, is undeterred following the disappointing fourth quarter:

“Despite this setback, NVIDIA’s fundamental position and the markets we serve are strong. The accelerated computing platform we pioneered is central to some of world’s most important and fastest growing industries – from artificial intelligence to autonomous vehicles to robotics. We fully expect to return to sustained growth.”

Veritone, Inc. (NasdaqGM:VERI) has revealed that the College Football Playoff (CFP) utilized the company’s Live Event Services and aiWARE artificial intelligence platform 2019 CFP National Championship. According to the press release:

“…the CFP was able to apply artificial intelligence to video footage and still images of press conferences, interviews and other Media Day events to produce transcriptions, automated facial recognition of players and coaches, logo identification, and other tasks enabling expedited and enhanced coverage of the 2019 College Football Playoff National Championship.”

BrainChip Holdings Limited (ASX:BRN) has signed a strategic partnership agreement with surveillance provider and distributor Novo Technologies to sell AI-powered video analytics solutions in Greece and Cyprus. BrainChip’s Director of EMEA Sales, Luis Coello commented:

“We are delighted to welcome Novo Technologies to BrainChip’s fast-growing European reseller network. This new collaboration with Novo Technologies further increases our global footprint and the range of video surveillance applications to sell and deploy this year.”

Sam Mowers,

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