The
#AIEye: Microsoft (Nasdaq: $MSFT) Releases NLP Model “DialoGPT” and Datametrex (TSXV:
$DM.V) Reports Q3 Financial Results
Global
Enterprise #AI Market to Reach $53.06 Billion by 2026
Point Roberts WA, Vancouver BC – November 29, 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:MSFT) (TSXV:DM)
Microsoft (NasdaqGS:MSFT) has released “a pre-trained deep-learning natural
language processing (NLP) model for automatic conversation response generation”
called DialoGPT (dialogue generative pre-trained transformer), according to
outlet InfoQ. According to the article, “the model
was trained on over 147M dialogues and achieves state-of-the-art results on
several benchmarks”.
Datametrex AI Limited (TSXV:DM) has reported its financial results for the third
quarter ended September 30, 2019. The company’s cash position grew from $66,296
in the previous quarter to $812,853, and revenues are up 186 percent, having
grown from $589,648 last quarter to $1,683,985. Marshall Gunter, Datametrex
CEO, commented:
“In
Q3 2019, the Company achieved key milestones and made significant strides in
strengthening its AI platform and offering.
Increased sales and significant reduction in operating costs attributed
substantial improvement in the bottom line.”
“We
are pleased with the improvements year over year and remain committed to
increasing sales. Reducing costs and streamlining operations will position the
Company for continued growth.”
Global
Enterprise AI Market to Reach $53.06 Billion by 2026
A report from Allied Market Research finds that the global
Enterprise AI market will grow from $4.68 billion in 2018 to $53.06 billion in
2026 with a compound annual growth rate (CAGR) of 35.4 percent. An excerpt from
the report overview outlines key factors in the market’s growth:
Factors
such as booming innovative start-ups and bursting advancements in technology
have led to [an] increase in investment in artificial intelligence
technologies. Moreover, escalating demand for analyzing and interpreting large
amount[s] of data boosts the demand for artificial intelligence industry
solutions. Furthermore, increase in adoption of AI in developing economies such
as China, and India are expected to provide major opportunities for the
enterprise AI market growth in the upcoming years.
Sam
Mowers, Investorideas.com
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