The
#AIEye: Intel (Nasdaq: $INTC)
Introduces 10th Gen Processors Featuring High Performance #AI,
NVIDIA (Nasdaq: $NVDA) Launches AI Edge Platform and Nuance (Nasdaq:
$NUAN) AI Powers BMW Intelligent Personal Assistant
AI
in #Healthcare to Reach $36 Billion by 2025
Point Roberts WA , Vancouver BC – May 28, 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.
Listen
to today’s podcast:
Read this in full
at https://www.investorideas.com/news/2019/artificial-intelligence/05281AIEye-INTC-NVDA-NUAN.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:INTC) (NasdaqGS:NVDA) (NasdaqGS:NUAN)
Intel Corporation (NasdaqGS:INTC) has introduced the 10th Gen Intel Core processors,
enabling high performance AI. Gregory Bryant, Intel senior vice president and
general manager of the Client Computing Group, said:
“No
one wants to compromise; people want it all: battery life, performance,
responsiveness, connectivity and slick form factors. Our job is to come
together as an industry and deliver incredible and differentiated PCs, purpose
built to what real people want.”
NVIDIA Corporation (NasdaqGS:NVDA) has launched NVIDIA EGX, “an accelerated computing
platform that enables companies to perform low-latency AI at the edge”. Bob
Pette, vice president and general manager of Enterprise and Edge Computing at
NVIDIA, explained:
“Enterprises
demand more powerful computing at the edge to process their oceans of raw data
— streaming in from countless interactions with customers and facilities — to
make rapid, AI-enhanced decisions that can drive their business. A scalable
platform like NVIDIA EGX allows them to easily deploy systems to meet their
needs on premises, in the cloud or both.”
Nuance Communications, Inc. (NasdaqGS:NUAN) is powering the BMW Intelligent Personal
Assistant, through its conversational-AI powered mobility assistant platform. A
multitude of features in the vehicle are controlled through voice commands by
the driver. Stefan Ortmanns, EVP and general manager, Nuance Automotive,
commented:
“For
our automaker partners, bringing an assistant that feels very natural into the
car is key to creating an experience that builds loyalty and engagement among
their drivers – and differentiates them from their competition.”
AI
in Healthcare to Reach $36 Billion by 2025
A report from Research and Markets finds that the global
market for AI in healthcare will grow from $2 billion in 2018 to $36 billion in
2025 with a compound annual growth rate of 50 percent in the forecast period.
An excerpt from the report description reads:
This
is possible due to the competence of AI to recognize drug targets and help in
drug design, discovery, identification, and screening of molecules instantly.
Medical imaging, on the other hand, is one of the major application areas that
has led to improvement in cancer and tumor diagnosis using AI. It is primarily
based on pattern recognition that effectively works using deep learning
technique.
The
huge availability of big data, the growing number of cross-industry
partnerships and collaborations is fuelling the growth of the AI market. In
addition, demand to reduce the imbalance between the healthcare workforce and
patients is further supplementing the growth of the AI in the healthcare
market.
Sam Mowers, Investorideas.com
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a list of artificial intelligence stocks on Investorideas.com visit
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