The
#AIEye: IBM (NYSE: $IBM) Joins I.AM+ for Ethical #AI Adoption, Accenture (NYSE:
$ACN), Qualcomm (NasdaqGS: $QCOM) and InterContinental Hotels (NYSE: $IHG)
Collaborate for Event Planning, HPE (NYSE: $HPE) Selected by Zenuity for AI in
Autonomous Driving Systems
Mobile
AI Market to Reach $9.68 Billion by 2025
Point Roberts WA, Vancouver BC – January 22, 2020 – 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/2020/artificial-intelligence/01221AIEye-IBM-ACN-QCOM-IHG.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:IBM) (NYSE:ACN) (NasdaqGS:QCOM) (NYSE:IHG) (NYSE:HPE)
IBM (NYSE:IBM)
has joined I.AM+, a tech company founded by musician
and entrepreneur will.i.am (from the Black Eyed Peas) with the aim of
accelerating ethical AI adoption. The collaboration will see the deployment of
I.AM+'s Omega AI platform leveraging IBM’s Red Hat OpenShift. will.i.am
explained:
"Delivering
AI solutions to industries like retail and entertainment, where personal data
is everywhere, it was a top priority to find a cloud provider with deep roots
in security, trust and transparency; we got that with IBM public cloud.
Combined with Red Hat OpenShift, we have the right partners to help us scale
the use of AI in a responsible and transparent way."
Accenture (NYSE:ACN) and Qualcomm Incorporated (NasdaqGS:QCOM)
have announced a collaboration with InterContinental
Hotels Group (NYSE:IHG) for a solution leveraging augmented
and virtual reality to reinvent the event planning experience. The endeavor
will see the use of the Accenture Extended Reality (XR) practice, which employs
AI and IoT tech. Jeff Edwards, senior vice president, Global Hotel & Owner
Solutions, InterContinental Hotels Group, explained:
"Collaborating
with Accenture and Qualcomm Technologies on the XR Event Planner pilot has
demonstrated the power of augmented and virtual reality technologies in hotels.
This tool equips hotels, such as InterContinental Los Angeles Downtown, to
close event sales even faster and increase productivity, while simultaneously
helping clients experience event spaces without having to travel, in a new,
dynamic way that brings the event to life during the planning process."
Hewlett Packard Enterprise Company (NYSE:HPE)
has been selected by self-driving and assisted driving
cars software developer Zenuity for its artificial intelligence (AI) and
high-performance computing (HPC) infrastructure for autonomous driving systems.
Antonio Neri, Chief Executive Officer, HPE, commented:
"The
paradigm shift we’ve seen in the past few years has been remarkable, with
autonomous vehicles presenting the biggest opportunity we’ve seen in decades to
disrupt and revolutionize the automotive industry. To meet this challenge,
optimizing the convergence of HPC, data analytics and artificial intelligence
is vital.”
Mobile
AI Market to Reach $9.68 Billion by 2025
A report from Research and Markets finds that the Mobile
Artificial Intelligence market will grow from $2.14 billion in 2019 to $9.68
billion in 2025 with a compound annual growth rate (CAGR) of 28.65 percent in the
forecast period. An excerpt from the report description reads:
●
Rise
of cognitive computing and the growing number of AI applications is driving the
market. It is technologies like AI and ML that enable cognitive computing
systems to analyze a tremendous volume of data and generate insights and use
them as a learning experience to give optimized results. More and more
industries and organizations are leveraging cognitive solutions to enhance
their operations like data volume, insight generation, action planning and
management, which increases productivity.
●
Premium
pricing of AI processors is restraining the market. AI platform charges for
training the models and for getting predictions with the high cost of the AI
chip, which increase the cost of processors.
Sam Mowers, Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit
here
or become an Investor Ideas member
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