The
#AIEye: NVIDIA (Nasdaq: $NVDA) and Microsoft (Nasdaq: $MSFT) Announce #Tech
Collaboration, Nuance (NASDAQ: $NUAN) to Demo Dragon Law Enforcement
Global
Machine Learning Market to Reach $20.83 Billion USD by 2024
Point Roberts WA, Vancouver BC – October 23, 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:MSFT) (NasdaqGS:NUAN) (NasdaqGS:LOGM)
NVIDIA Corporation (NasdaqGS:NVDA) has announced a technology collaboration with Microsoft (NasdaqGS:MSFT). Focussed on the integration of
Microsoft Azure and NVIDIA EGX to advance edge-to-cloud AI computing
capabilities. Jensen Huang, founder and CEO of NVIDIA, explained:
“The
age of intelligent edge computing has arrived. The world’s largest industries
want to have AI computing at the edge, to extract insight from continuous
streams of data, and to sense, reason and act at the point of action. In time,
this will be the largest-scale computing ever created, connecting trillions of
smart sensors. NVIDIA’s and Microsoft’s platforms dovetail to offer customers
an end-to-end solution from edge to cloud.”
Nuance Communications, Inc. (NasdaqGS:NUAN) is set to demonstrate Dragon Law Enforcement, its speech
recognition solution tailored for the public safety sector at the International
Association of Chiefs of Police (IACP) conference in Chicago, Illinois.
According to the press release, the technology helps officers “modernize
incident reporting, gain tremendous time savings, and improve safety
conditions”. Mark Geremia, vice president and general manager of Dragon
Professional and Consumer Solutions, Nuance, commented:
“The
momentum we’re experiencing in the market stems from a strong collaboration
with our law enforcement partners to build technology that understands their
challenges and the opportunities for improvement. We’re privileged to offer our
law enforcement customers across the nation a solution that helps them do their
jobs more effectively and plays a significant role in improving the welfare of
officers and the neighborhoods they serve.”
LogMeIn, Inc. (NasdaqGS:LOGM) has announced the launch of Bold360 Helpdesk which
leverages AI-powered chatbots to modernize employee support. Ryan Lester,
Senior Director, Customer Engagement Technologies, LogMeIn, commented:
“Finding
your company’s guest Wi-Fi password shouldn’t be like finding a needle in a
haystack, but the average employee spends nearly a third of their day searching
for information via cumbersome, and often outdated, internal systems. Employees
don’t want to work with these difficult systems that lead to old or missing
content, more frustration and waning productivity. It can feel like a
never-ending cycle; but with Bold360 Helpdesk, we’re breaking that cycle to
enable employees to work in a way that’s convenient for them and makes it
easier to find what they need, so they can spend more time focusing on their
core work.”
Global
Machine Learning Market to Reach $20.83 Billion USD by 2024
A report from Zion Market Research finds that the global
machine learning market is projected to reach $20.83 billion USD by 2024 with a
compound annual growth rate (CAGR) of 44.06 percent in the forecast period
2017-2024. The following excerpts from the report analysis read:
Machine
Learning aids in the continuous advancement of computing with exposure to new
adaptation, testing, and scenario. It is an application of artificial
intelligence that equips the system with the ability of self-learning and
improving from experience without being explicitly programmed. Some common
machine learning methods are supervised machine learning algorithms,
unsupervised machine learning algorithms, semi-supervised machine learning
algorithms, and reinforcement machine learning algorithms.
The
introduction of machine learning has transformed many industries which holds
the benefits such as smart manufacturing, predictive maintenance, autonomous
vehicles and interactive machines in production, optimized energy management
for climate and energy change, quality control or test automation, and more.
Sam Mowers,
Investorideas.com
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a list of artificial intelligence stocks on Investorideas.com visit
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