The
#AIEye: AWS Makes Amazon (NasdaqGS: $AMZN) Personalize Generally Available and
Baidu (NYSE: $BIDU) Reveals Extent of Partnerships for DuerOS Apollo IoV
Platform
Machine
Learning in Middle East and Africa 2018-2023 to See 29.1% CAGR
Point Roberts WA, Vancouver BC – June 11, 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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AI Eye- Watching stock news, deal tracker and advancements
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Stocks
discussed: (NasdaqGS:AMZN) (NYSE:BIDU)
Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has announced the general availability of its
Amazon Personalize solution. Personalize allows users to leverage machine
learning technology to “develop applications with a wide array of
personalization use cases, including specific product recommendations,
individualized search results, and customized direct marketing”. Swami
Sivasubramanian, Vice President of Machine Learning, Amazon Web Services, Inc.,
commented:
“We
are excited to share with AWS customers the expertise we’ve developed during
two decades of using machine learning to deliver great experiences on
Amazon.com. Customers have been asking for Amazon Personalize, and we are eager
to see how they implement these services to delight their own end users. And
the best part is that these artificial intelligence services, like Amazon
Personalize, do not require any machine learning experience to immediately
train, tune, and deploy models to meet their business demands.”
Baidu, Inc. (NYSE:BIDU) has partnered its DuerOS Apollo Internet of
Vehicles (IoV) platform with over 60 automotive manufacturers across more than
300 car models, according to an announcement from the company at the CES Asia
conference in Shanghai. Zhenyu Li, Vice President and General Manager of Baidu’s
Intelligent Driving Group, said:
“We
are thrilled to become the trusted partner of so many leading automotive
brands. We will accelerate our R&D progress, work with the industry to
establish IoV standards, provide state-of-the-art IoV solutions to our
automotive partners and support their evolution in the intelligent era.”
Machine
Learning in Middle East and Africa 2018-2023 to See 29.1% CAGR
A report from Kenneth Research finds that the Middle
East and Africa machine learning market is projected to reach a $0.5 billion
USD by 2023, with a compound annual growth rate (CAGR) of 29.1 percent in the
forecast period 2018-2023. An excerpt from the report description identifies
key growth factors:
The
labour intensive sectors like retail and healthcare have taken up the use of
machine learning to provide better consumer experiences. The urge for
automation in these sectors is driving the machine learning market in the
Middle East and Africa.
The
high growth in the start-up culture with the government encouraging innovation
has led them to make ample amount of investments in machine learning
technologies, which in turn is driving the machine learning market.
Sam Mowers,
Investorideas.com
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