The
#AIEye: AWS ( $AMZN) Makes Textract Service Generally Available, Tencent (OTC:
$TCEHY) Launches #AI Diagnostic System for Digital Colonoscopy and iRobot (
$IRBT) Introduces New Robot Vacuum and Mop
AI
in Medical Imaging to Reach $264.85 Billion by 2026
Point Roberts WA, Vancouver BC – May 30, 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
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AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (Nasdaq:AMZN) (OTC:TCEHY) (Nasdaq:IRBT)
Amazon Web Services (AWS), a subsidiary of Amazon.com (NasdaqGS:AMZN), has announced the general availability of Amazon
Textract, a service that uses machine learning to extract text and data. Textract
works on multiple formats and accurately generates text, form and table data.
Swami Sivasubramanian, Vice President, Amazon Machine Learning, explained:
“The
power of Amazon Textract is that it accurately extracts text and structured
data from virtually any document with no machine learning experience required.
Subsequently, developers can analyze and query the extracted text and data
using our database and analytics services like Amazon Elasticsearch Service,
Amazon DynamoDB, and Amazon Athena and integrate with other machine learning
services like Amazon Comprehend, Amazon Comprehend Medical, Amazon Translate,
and Amazon SageMaker to help customers derive deeper meaning from the extracted
text and data.”
Tencent Holdings Limited (OTC:TCHEY) is launching an AI-supported auxiliary diagnostic
system for conducting digital colposcopy, which will enable doctors to more
accurately and efficiently diagnose cervical cancer. Ding Ke, the vice
president of Tencent, said:
"There
is a pressing need for smart technology in the healthcare information system.
Tencent is exploring ways to provide the medical industry with targeted
solutions and is spearheading the use of new technologies in the sector. The
launch of this technology is another breakthrough in AI-assisted diagnosis for
major diseases and follows close collaboration with medical experts and other
partners."
iRobot Corporation (NasdaqGS:IRBT) is introducing two new robots including the
Roomba s9+ robot vacuum and the Braava
jet m6 robot mop. Christian Cerda, COO of iRobot, commented:
"The Roomba s9+ robot vacuum and
Braava jet m6 robot mop are the most advanced robots that iRobot has ever built
and the best home cleaning robots in the market today. Customers who demand
high-performance, detailed cleaning will appreciate the superior suction of the
Roomba s9+ and its ability to vacuum deep into corners where dirt hides. The
mapping and navigation intelligence of the Braava jet m6, along with its
advanced cleaning features, provide customers with a robot that can mop their
whole home."
AI
in Medical Imaging to Reach $264.85 Billion by 2026
A report from Data Bridge Market Research finds that the
global AI in medical imaging market will grow from $21.48 billion in 2018 to
$264.85 billion by 2026 with a compound annual growth rate (CAGR) of 36.89
percent. The market is outlined in the report description as:
Medical imaging can be described as the
diagnostic procedure that involves the creation of visual aids and image
representations of the human body, and involves the monitoring of performance
and functioning of the organs of the human body. With the integration of
artificial intelligence (AI) in healthcare and medical imaging, there is a
change in the way the diagnostics and the entire procedure is carried out. The
AI assists the surgeons in carrying out the image capturing process and how to
diagnose these images for the conclusion and personalized treatment in respect
to every individual and patient. Artificial intelligence mainly consists of two
types, robots and machine learning. Machine learning involves the recognition
and application of algorithm in computer systems for the rendering of images.
Whereas, robots are engaged in the assistance of patients, doctors and
operators in the visualization and diagnostic procedures.
Sam Mowers, Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
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