The
#AIEye: IBM Watson (NYSE: $IBM) Teams with Adweek in Creation of ‘Institute for
Brand Marketing’, Cheetah Mobile (NYSE: $CMCM) Launches International Version
of #AI Translator
Global
NLP in Healthcare Market to Hit $4.3 Billion by 2025
Point Roberts WA, Vancouver BC – June 18, 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
Stocks
discussed: (NYSE:IBM) (NYSE:CMCM) (ASX:BRN)
IBM (NYSE:IBM), along with trade publication Adweek,
announced the creation of the Institute for Brand Marketing,
a program for marketers. The program, which helps marketers by offering key
learning resources, and will be available in September 2019. Randi Stipes,
Chief Marketing Officer for IBM Watson Media and Weather, said:
"IBM
Watson Advertising and Adweek created this program to help fill a void in the
marketplace for marketers who are looking for continual learning and
development. We're excited to curate a curriculum designed to give people
greater confidence and skills to help them better navigate our constantly
evolving industry."
Cheetah Mobile Inc. (NYSE:CMCM) announced the launch of the international version of its
handheld AI translation device CM Translator. The CM Translator is powered by
AI, machine translation, Neural Text-to-Speech capabilities, and Automatic
Speech Recognition. The device supports six languages, including: English,
Spanish, Chinese, Japanese, Korean, and Thai. Solomon Lee, VP of AIoT at
Cheetah Mobile, commented:
"CM
Translator breaks down language barriers with just the click of a button. We
designed CM Translator international edition to help American travelers easily
communicate abroad when asking directions, shopping, ordering food, and many
other situations. CM Translator can also serve as a useful assistant to new
immigrants living in the United States. It makes a wonderful gift for parents
and grandparents who speak Spanish and Asian languages, but are less confident
communicating in English."
BrainChip Holdings Limited (ASX:BRN) announced the availability of its Akida Neural
Processing Core (NPC) as intellectual property available for licensing. An
excerpt from the press release explains the NPC:
The
Akida NPC is now available to license as an IP block for incorporation into
ASICs provided by semiconductor suppliers developing Artificial Intelligence
enabled “Edge” devices. Applications at the edge include intelligent
environmental controls, driver safety monitoring, vehicle safety and
preventative maintenance, medical image classification, wearable health monitors,
retail item recognition, access control, the industrial Internet-of-Things
(IoT) and acoustic analysis.
Global
NLP in Healthcare Market to Hit $4.3 Billion by 2025
A report from Transparency Market Research finds that the
global natural language processing (NLP) in healthcare market will grow from
$936 million in 2015 to $4.3 billion by the end of 2024 with a compound annual
growth rate (CAGR) of 18.8 percent. An excerpt from the market preview reads:
The
demand for NLP technology is expected to surge in the coming years as it is
being used as a strategic tool to derive meaningful comprehensive of clinical
informatics for effective outcomes by the healthcare industry. Used as a part
of artificial intelligence systems, applications of NLP technologies are being
deployed for predictive analysis and clinical decision support systems. The
global healthcare natural language processing market is expected to receive an
impetus from the uptake of these technologies by several companies for
extracting knowledge from several clinic documents via machine learning or deep
learning applications. The growing volume of unstructured clinical data and the
unstoppable penetration of electronics health record (EHR) systems are expected
to fuel the growth of this market in the coming years.
Sam Mowers,
Investorideas.com
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