The
#AIEye: NVIDIA (Nasdaq: $NVDA) Develops #AI That Predicts 3D Properties of 2D
Images and Baidu (Nasdaq: $BIDU) Registers Most AI Patent Applications of the
Year in China
Global
AI-Powered Storage Market to Reach $34.5 Billion by 2024
Point Roberts WA, Vancouver BC – December 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/12091AIEye-NVDA-BIDU.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:NVDA) (NasdaqGS:BIDU)
NVIDIA Corporation (NasdaqGS:NVDA) has developed an AI that can
predict and render 3D properties of 2D images, detailed in a recently-published
paper: Learning to Predict 3D
Objects with an Interpolation-based Differentiable Renderer.
An excerpt from the paper’s introduction reads:
3D
visual perception contributes invaluable information when understanding and
interacting with the real world. However, the raw sensory input to both human
and machine visual processing streams are 2D projections (images), formed by
the complex interactions of 3D geometry with light. Enabling machine learning
models to understand the image formation process could facilitate
disentanglement of geometry from the lighting effects, which is key in
achieving invariance and robustness.
Baidu, Inc. (NasdaqGS:BIDU) has filed the most AI-related patent applications in
China, according to a recent study from the research unit of China’s Ministry
of Industry and Information Technology (MIIT). The firm had a total of 5,712
AI-related patent applications as of October 2019. Victor Liang, Vice President
and General Counsel of Baidu, commented:
“Baidu
retained the top spot for AI patent applications in China because of our
continuous research and investment in developing AI, as well as our strategic
focus on patents.
In
the future, we will continue to increase our investments into securing AI
patents, especially for high-value and high-quality patents, to provide a solid
foundation for Baidu’s AI business and for our development of world-leading
technology.”
Global
AI-Powered Storage Market to Reach $34.5 Billion by 2024
A report from Markets and Markets finds that the global
AI-Powered Storage market is projected to grow from $10.4 billion in 2019 to
$34.5 billion by 2024 with a compound annual growth rate (CAGR) of 27.1
percent. An excerpt from the report description outlines the AI-powered storage
market for BFSI, which is expected to be the largest component of the market
under discussion:
The
major objectives of AI in the BFSI sector are to provide personalized customer
experience, faster turn-around-time, error-free back-end processes, which run
without human intervention, and security and compliance. In the finance sector,
decisions about loans are now being made by software that can take into account
a variety of finely parsed data about a borrower, rather than just a credit
score and a background check. In addition, there are also robo-advisors that
create personalized investment portfolios. The BFSI sector is embracing
advanced analytics and at the same time increasing compliances and government
regulations, thereby, raising the demand for high-level data storage
capabilities and leveraging the AI-powered storage market.
Sam
Mowers, Investorideas.com
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