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Monday, August 19, 2019

The #AIEye: NVIDIA (Nasdaq: $NVDA) Premiers Video Games with Real-Time Ray Tracing and Jumio Partners with NICE (Nasdaq: $NICE) Company X-Sight Marketplace

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  – (, 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,

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