The
#AIEye: Patriot One (TSX: $PAT.TO) (OTC: $PTOTF) Acquires XTRACT, Cisco
(Nasdaq: $CSCO) Completes Voicea Acquisition and NICE (Nasdaq: $NICE) Wins Four
Globee Awards for #AI Tech
Global
Deep Learning Neural Network (DNN) Market to See 43.2% CAGR from 2019-2026
Point Roberts WA, Vancouver BC – September 9, 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/09091AIEye-PAT-PTOTF-CSCO-NICE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (PAT.TO) (OTC:PTOTF) (0PL.F) (NasdaqGS:CSCO) (NasdaqGS:NICE)
Patriot One Technologies Inc. (PAT.TO) (OTC:PTOTF) (0PL.F) has acquired AI company XTRACT Technologies Inc.
and all its related interests, assets, and intellectual property for
consideration of $6,000,000 and the issuance of 9,422,956 Patriot One common
shares to XTRACT’s former shareholders. Martin Cronin, Patriot One’s CEO and
President, explained:
“Just
over a month ago, we announced a development project with XTRACT, and during
this period we’ve already seen great progress in significant opportunities for
enhanced detection accuracy. With new sales opportunities arising every day for
a covertly deployed, multi-sensor security solution, integrating XTRACT more
deeply into our development and day-to-day operations made perfect sense. We
are thrilled to have this highly talented group join our ranks; as they share
our vision for creating a world safer from acts of mass violence.”
Cisco Systems, Inc. (NasdaqGS:CSCO) has completed the acquisition of AI software firm Voicea. According
to the press release, Cisco will leverage Voicea’s technology to “enhance its
Webex portfolio of products with a powerful transcription service that blends
AI and Automated Speech Recognition (ASR) to unlock the power of any
collaboration, like meetings and calls”.
NICE Ltd. (NasdaqGS:NICE) has won four Globee awards, which are global
business awards that recognize companies for setting the industry benchmark for
excellence. Chief among this recognition was NICE’s Gold award in the
'Milestone of the Year' category for its NEVA employee virtual attendant
focused on helping employees. Barry Cooper, President, NICE Enterprise Product
Group, commented:
"We
believe that for organizations to succeed in today's customer experience driven
world, they must be empowered with innovative solutions that create
personalized connections with their customers and engage and inspire their
employees. We're excited with these Globee awards that recognize the
contribution of our solutions in this exciting time."
Global
Deep Learning Neural Network (DNN) Market to See 43.2% CAGR from 2019-2026
A report from Data Bridge Market Research finds that the
global Deep Learning Neural Networks (DNNs) market is projected to see a
compound annual growth rate (CAGR) of 43.2 percent in the forecast period
2019-2026. An excerpt from the report description reads:
Deep
learning neural networks is a machine learning based technology that is […]
used for decision making, diagnosis, solving prediction, decision and problems
based on a well-defined computational architecture. [This] technology has wide
adoption in various applications such as computer security, speech recognition,
image and video recognition to industrial fault detection, medical diagnostics
and finance.
The
rapidly increasing digitization is boosting [the] global deep learning neural
networks market. The digital transformation helps to adapt the advanced
technology which provides the ease to collect the data, while the data is
important and essential part of the artificial intelligence. The data helps
deep learning neural networks to recognize the pattern and [make] the
prediction.
Some
of the factors which are driving the market are the increased demand of
cloud-computing for businesses, and demand for predictive solutions and image
recognition is considered as [a] major application for deep learning neural
networks. However, less adoption of artificial intelligence-based technologies
[resulting] in slow digitization is the restraint that is hampering the growth
of the market.
Sam Mowers,
Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit here
or become an Investor Ideas member
About Investorideas.com - News that
Inspires Big Investing Ideas Investorideas.com is a
recognized news source publishing third party news and press releases plus we
create original financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts
and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto
Corner and Podcast, Play by Play sports and stock news column, Investor
Ideas #Potcasts #Cannabis News and Stocks on the Move
podcast and column, Cleantech and
Climate Change Podcast and the AI Eye Podcast and column covering
developments in AI.
The Investorideas.com podcasts are
also available on iTunes, Spotify,
Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit
the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital
publisher of third party sourced news, articles and equity research as well as
creates original content, including video, interviews and articles. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Our site does not make recommendations for purchases or
sale of stocks, services or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All
investing involves risk and possible losses. This site is currently compensated
for news publication and distribution, social media and marketing, content
creation and more. Disclosure is posted for each compensated news release,
content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. Contact management and IR of each company directly regarding
specific questions.
More
disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more
about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
Global
investors must adhere to regulations of each country. Please read
Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence is an
original content brand of Investorideas.com
Contact
Investorideas.com
800 665 0411
No comments:
Post a Comment