The
#AIEye: NVIDIA (Nasdaq: $NVDA) Premiers Video Games with Real-Time Ray Tracing
and Jumio Partners with NICE (Nasdaq: $NICE) Company X-Sight Marketplace
Global
#AI Chips Market to Reach $91.18 Billion USD by 2025
Point Roberts WA , Vancouver BC – August 19, 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: (NasdaqGS:NVDA) (NasdaqGS:NICE)
NVIDIA Corporation (NasdaqGS:NVDA) premiered several blockbuster games at the
Gamescom video game trade fair in Cologne, Germany, that feature the company’s
AI and ray tracing RTX platform. The official website for NVIDIA GeForce RTX defines ray
tracing as “the holy grail of gaming graphics, simulating the physical behavior
of light to bring real-time, cinematic-quality rendering to even the most
visually intense games like never before”. Game titles included in the
announcement are Minecraft – which is
the world’s best-selling video game – and Call
of Duty: Modern Warfare. Matt Wuebbling, head of GeForce marketing at
NVIDIA, said:
“In
the year since NVIDIA made it possible to achieve real-time ray tracing in
games, this revolutionary technology has been embraced across the industry.
Looking at the number of games, the big-name franchises and the breathtaking
visuals at our Gamescom 2019 event, it’s clear that ray tracing has arrived and
is truly the way forward for game development.”
Mobile payments and identity verification company Jumio
has partnered with X-Sight Marketplace from NICE
Actimize, a subsidiary of NICE Ltd (NasdaqGS:NICE). X-Sight Marketplace is
described in the press release as a “financial crime risk management-focused
ecosystem designed to assist financial services organizations evaluate new
point solutions and move to stay on top of a challenging regulatory and
criminal environment”. Stephen Kearney, head of worldwide partnerships, Jumio,
commented:
“Jumio
is excited to develop this partnership with NICE Actimize as we bring our
unique innovation and business value to financial services organizations
looking to apply advanced AI and biometrics to bolster their financial crime
operations. There is strong synergy and alignment between the industry-leading
financial crime solutions and platforms that NICE Actimize offers its
community. With the increased emphasis on digital identity and KYC, this is a
perfect opportunity to help the community maintain compliance. We look forward
to building our presence within this innovative community platform.”
Global
AI Chips Market to Reach $91.18 Billion USD by 2025
A report from Allied Market Research finds that the AI Chip
market will grow from $6.63 billion in 2018 to $91.18 billion by 2025 with a
compound annual growth rate (CAGR) of 45.2 percent in the forecast period
2019-2025. An excerpt from the report overview reads:
Artificial
intelligence (AI) chips are specialized silicon chips, which incorporate AI
technology and are used for machine learning. AI helps to eliminate or minimize
the risk to human life in many industry verticals. The need for more efficient
systems to solve mathematical and computational problems is becoming crucial
owing to the increase in volume of the data. Thus, the majority of the key
players in the IT industry have focused on developing AI chips and
applications. Furthermore, emergence of quantum computing and increase in
implementation of AI chips in robotics drive the growth of the global
artificial intelligence chip market. In addition, emergence of autonomous
robotics—robots that develop and control themselves autonomously—is anticipated
to provide potential growth opportunities for the market.
Sam Mowers,
Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit
here
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