The
#AIEye: VSBLTY (CSE: $VSBY.C) Partners with News America Marketing, IBM (NYSE: $IBM)
Announces Advertising Accelerator with Watson and CEVA (NASDAQ: $CEVA) Partners
with SiFive
Global
#AI in Energy Management Market to Reach $12.2 Billion by 2024
Point
Roberts WA, Vancouver BC – January 7, 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.
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Read this in full
at https://www.investorideas.com/news/2020/artificial-intelligence/01071AIEye-VSBY-IBM-CEVA.asp
Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Stocks discussed:
(CSE:VSBY) (VSBGF) (NYSE: IBM) (NASDAQ:
CEVA)
VSBLTY
Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (VSBGF) has signed a
partnership agreement with News America Marketing (NAM), the premier marketing
services company in the U.S. and Canada, to jointly deliver advanced digital
in-store media analytics to retailers and brand marketers. Jay Hutton, VSBLTY
founder & CEO, explained:
"We're excited
to be a key technology partner for News America Marketing, providing data
analytics that help NAM and its clients better understand shopper engagement
with innovative, in-store digital tools. We're proud to join NAM's ecosystem of
innovative partners to bring significant new value to shoppers, marketers and
retailers in North America.”
Tracey
Koller, NAM Chief Retail & Merchandising Officer, commented:
"Together,
with partners like VSBLTY, we are spearheading the next-generation of
innovation for in-store media solutions. This is a great example of the
collaborative ecosystem of industry players NAM is cultivating and bringing to
the marketplace in order to deliver the highest-quality, connected, meaningful
and loyalty-inducing experiences to shoppers.”
IBM
(NYSE:IBM) announced the
launch of Advertising Accelerator with Watson at the 2020 Consumer Electronics
Show (CES). Advertising Accelerator is described in the press release as “a
first-to-market offering that leverages artificial intelligence (AI) to predict the optimal
combination of creative elements to help drive
high engagement and conversion for a given audience.” Jeremy Hlavacek,
Head of Revenue, IBM Watson Advertising, explained:
"Ad targeting
enables marketers to identify core customers, who are often overserved with
messages that might not drive immediate
action. Advertising Accelerator with Watson aims to address this challenge
head-on, arming clients with IBM Watson to help them better engage and
understand their target audience."
CEVA,
Inc. (NasdaqGS:CEVA) announced a new partnership with
semiconductor and chip producer SiFive, Inc. The aim of the partnership is “to
enable the design and creation of ultra-low-power domain-specific Edge AI
processors for a range of high-volume end markets.” Issachar Ohana, Executive
Vice President, Worldwide Sales at CEVA, explained:
"CEVA's
partnership with SiFive enables the creation of Edge AI SoCs that can be
quickly and expertly tailored to the workloads, while also retaining the
flexibility to support new innovations in machine learning. Our market leading
DSPs and AI processors, coupled with the CDNN machine learning software
compiler, allow these AI SoCs to simplify the deployment of cloud-trained AI
models in intelligent devices and provides a compelling offering for anyone
looking to leverage the power of AI at the edge."
Global AI in Energy
Management Market to Reach $12.2 Billion by 2024
A
report from Prescient
& Strategic Intelligence finds that the global AI in
Energy Management market will grow from $4.439 billion in 2018 to $12.2 billion
by 2024 with a compound annual growth rate (CAGR) of 19.8 percent in the
forecast period. An excerpt from the report description reads:
Integration of IoT
in energy management systems (EMSs) is one of the key trends ongoing in the AI
in energy management market. IoT plays a vital role in delivering software
automation, remote controls, proactive monitoring, and data insight services.
It helps to display the energy consumption value with the help of smart meters
and sensors at the machine and production line levels.
Leveraging AI to
improve grid stability is one of the key factors driving the growth of the AI
in energy management market across the globe. A grid system is an
interconnected network that stores the energy and defines its flow. Grids store
energy from multiple sources, such as solar power plants, wind power stations,
and other electricity generation plants. By leveraging AI for analyzing massive
data sets, grid systems become far more stable and energy efficient in managing
more than one energy source at once.
Sam
Mowers, Investorideas.com
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