The
#AIEye: Microsoft (Nasdaq: $MSFT) and Johnson Controls (NYSE: $JCI) to Equip
Bee’ah HQ with #AI and Smart Buildings Solutions, Qualcomm (NasdaqGS: $QCOM)
Announces Digitization Project in Kazakhstan
Beroe
Inc. Projects Global #AI Market to Hit $24.6 Billion USD by 2024
Point Roberts WA , Vancouver BC – April 23, 2019 – 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.
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Microsoft (NasdaqGS:MSFT) and Johnson Controls
International (NYSE:JCI) have announced an agreement with Middle East sustainability
pioneer Bee’ah to equip the latter’s new headquarters in Sharjah, United Arab
Emirates, with artificial intelligence and smart building solutions. Scott
Guthrie, executive vice president, Cloud + AI Group, Microsoft, said:
"Together
with Johnson Controls and Bee'ah, we are driving the digitization of smarter,
more sustainable buildings and spaces. Bee'ah's iconic new headquarters will be
among the first buildings globally to have end-to-end experiences designed and
built on the Azure platform. Azure is the platform that can truly integrate
across all the devices, systems and services required for such a large and
diverse implementation. Microsoft has been able to reduce energy consumption by
20% on our own campus in Redmond by using machine learning on edge devices and
in the cloud, and we can't wait to see what Bee'ah is able to do by applying
this approach to its ultramodern new headquarters in Sharjah."
Qualcomm Technologies, Inc., a subsidiary of Qualcomm
Incorporated (NasdaqGS:QCOM), has announced a digitization project with RealWear
and UROS in Kazakhstan this year. According to the press release, the project
“has the mission of supporting deployment of Smart Cities and accelerating XR
global adoption to advance the development pace of Kazakhstan's economy by
improving the productivity, safety and quality of life for its citizens”.
Datametrex AI Limited (TSXV:DM) has secured additional contracts for South Korean
conglomerate Lotte Group worth $300,000 CAD. Andrew Ryu, CEO & Chairman of
the Company, commented:
“It’s
exciting to see the strides forward the Company is making. Lotte is an ideal
client for our Artificial Intelligence and Machine Learning products, allowing
us to address multiple divisions with our enterprise solutions. The company
continues to execute with accretive and positive growth as we roll out our
strategy.”
Beroe
Inc. Projects Global AI Market to Hit $24.6 Billion USD by 2024
Global procurement intelligence firm Beroe Inc. projects that the global artificial
intelligence market will reach $24.6 billion USD by 2023 at a compound annual
growth rate (CAGR) of 40 percent. Furthermore, Beroe Inc. estimates that by as
early as 2024, AI could replace nearly 50 percent of unskilled labor across the
globe. Sridevi Akkarajuvenkata, Customer Success Lead at Beroe Inc., said:
"Global
demand for artificial intelligence is increasing at a breakneck pace. Perhaps
the biggest takeaway from our research is the profound impact of AI on the
global employment landscape, with automation on track to create more than three
million jobs by 2030. As new cloud-based platforms and AI startups enter the
industry every day, key AI technologies such as Machine Learning and Natural
Language Processing are evolving rapidly, increasing the capabilities of AI
across a range of industries."
Sam Mowers, Investorideas.com
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a list of artificial intelligence stocks on Investorideas.com visit
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