The
#AIEye: Apple’s (NasdaqGS: $AAPL) Second-Gen iPhone SE Announced with #MachineLearning-Focussed
Chip, Nuance (NasdaqGS: $NUAN) Launches Nuance Mix for Conversational #AI
AI
in APAC Market to Reach $29.3 Billion in 2024
Point Roberts WA, Vancouver BC – April 15, 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/04151AIEye-AAPL-NUAN.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:AAPL) (NasdaqGS:NUAN)
Apple (NasdaqGS:AAPL)
has announced the release of a new iPhone, the
second-generation iPhone SE. This phone will feature the A13 Bionic chip, which
was introduced with iPhone 11 and iPhone 11 Pro, and is described in the press
release as “the fastest chip ever in a smartphone.” The following excerpt from
the press release outlines how the A13 integrates machine learning technology:
A13
Bionic was built with a focus on machine learning, with a dedicated 8-core
Neural Engine capable of 5 trillion operations per second, two Machine Learning
Accelerators on the CPU and a new Machine Learning Controller to balance
performance and efficiency. Together, A13 Bionic and iOS 13 enable new
intelligent apps that make use of machine learning and Core ML®.
Nuance Communications, Inc. (NasdaqGS:NUAN)
announced the launch of Nuance Mix, described in the press
release as “an open enterprise-grade, software-as-a-service (SaaS) tooling
suite for creating advanced conversational experiences that power Virtual
Assistants (VA) and IVR using Nuance’s industry-leading and cloud-agnostic
Conversational AI.” Joe Petro, EVP and CTO, Nuance, explained:
“Nuance
Mix is built on decades of experience in conversational design across voice and
chatbot solutions. It provides the scalable and flexible deployment options
required to address the multifaceted needs of organizations, including meeting
security and compliance demands. With Nuance Mix, organizations can use
market-tested tools and expert-built models to design, develop, test and
maintain their applications.”
AI
in APAC Market to Reach $29.3 Billion in 2024
A report from data analytics firm GlobalData finds that AI revenue in the
Asia-Pacific (APAC) region will reach $29.3 billion in 2024 with a compound
annual growth rate (CAGR) of 26.8 percent in the forecast period 2019 to 2024.
China is expected to account for the largest portion of this revenue growth at
37 percent. Rohit Sharma, Senior Technology Analyst at GlobalData, commented:
“Governments
continue to embrace AI, with a view to empower themselves and their citizens by
creating intelligent processes. Some of the potential usage areas where
implementation or increased use of AI will have a significant impact include
healthcare, education and law enforcement.”
Rohit concluded:
“The
development of AI and its application areas continue to evolve, providing
significant benefits to the society. Government support in terms of favorable
policy frameworks and increased adoption of AI will not only enhance the
service delivery and governance capabilities for citizens but also help drive
the adoption of AI across other sectors in APAC.”
Sam
Mowers, Investorideas.com
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