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Wednesday, April 15, 2020

The #AIEye: Apple’s (NasdaqGS: $AAPL) Second-Gen iPhone SE Announced with #MachineLearning-Focussed Chip, Nuance (NasdaqGS: $NUAN) Launches Nuance Mix for Conversational #AI

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  – (, 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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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,

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