The
#AIEye: NVIDIA (Nasdaq: $NVDA) Tops Five #AI Benchmarks and Arlo (NYSE: $ARLO)
to Partner with Verisure Sàrl
North
American Chatbot Market to See 34% CAGR from 2020-2024
Point Roberts WA, Vancouver BC – November 8, 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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Read
this in full at https://www.investorideas.com/news/2019/artificial-intelligence/11081AIEye-NVDA-ARLO.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:NVDA) (NYSE:ARLO)
NVIDIA Corporation (NasdaqGS:NVDA)
has topped five MLPerf Inference 0.5 benchmarks
measuring the performance of AI inference workloads in data centers and at the
edge. According to the press release, the benchmarks are “applied across a
range of form factors and four inferencing scenarios” and “cover such established
AI applications as image classification, object detection and translation”. Ian
Buck, general manager and vice president of Accelerated Computing at NVIDIA,
commented:
“AI
is at a tipping point as it moves swiftly from research to large-scale deployment
for real applications. AI inference is a tremendous computational challenge.
Combining the industry’s most advanced programmable accelerator, the CUDA-X
suite of AI algorithms and our deep expertise in AI computing, NVIDIA can help
data centers deploy their large and growing body of complex AI models.”
Arlo Technologies, Inc. (NYSE:ARLO)
has entered into a definitive agreement to create
a strategic partnership with security provider Verisure Sàrl to address growing
need for residential and commercial security. The press release indicates that
the partnership will “combine Arlo’s innovative connected cameras and cloud
services platform with Verisure’s professionally monitored security solutions
to provide a new level of smart security for European customers”. More
specifically the partnership will consist of Verisure acquiring Arlo’s European
commercial operations for $50 million, and Arlo’s becoming a key supplier to
Verisure for smart security cameras. Matthew McRae, CEO of Arlo Technologies,
commented:
“Arlo
and Verisure share the same singular mission to provide their customers with
peace of mind through connected security products and services that protect
what matters most. Today’s agreement enables each brand to further accelerate
their growth and innovation streams to deliver smart security solutions across
residential and commercial markets, leveraging Arlo’s industry-leading cloud
platform and services that deliver more than 120 million video events a day.”
North
American Chatbot Market to See 34% CAGR from 2020-2024
A report from Research and Markets finds that the North
American Chatbot market is projected to exhibit a compound annual growth rate
(CAGR) of 34 percent in the forecast period 2020 to 2024. An excerpt from the
report description reads:
Chatbot
is a software making use of artificial intelligence which can initiate a
conversation or chat with a user on websites, mobile applications and messaging
platform through the use of natural language processing. Moreover, increasing
demand for self-service, improved customer retention and high return on
investment offered by chatbot is anticipated to positively influence the North
American Chatbot Market during the forecast period.
Sam
Mowers, Investorideas.com
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