The
#AIEye Episode 327: Intel (NasdaqGS: $INTC) Pledging $50 Million in Pandemic
Response Tech Initiative for #COVID19, CloudMD (CSE: $DOC.C) Reaches 100,000
Registered Users
Global
Automotive #AI Market to Reach $15.9 Billion by 2027
Point Roberts WA, Vancouver BC – April 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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to today’s podcast:
Read
this in full at https://www.investorideas.com/news/2020/artificial-intelligence/04071AIEye-INTC-CloudMD.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:INTC) (CSE:DOC)
Intel Corporation (NasdaqGS:INTC)
has announced that it is: “pledging an additional
$50 million in a pandemic response technology initiative to combat the
coronavirus through accelerating access to technology at the point of patient
care, speeding scientific research and ensuring access to online learning for
students.” $40 million of this amount is allocated to funding the Intel COVID-19 Response and Readiness and
Online Learning initiatives which are aimed to “accelerate customer and
partner advances in diagnosis, treatment and vaccine development, leveraging
technologies such as artificial intelligence (AI), high-performance computing
and edge-to-cloud service delivery.” Bob Swan, Intel’s CEO, said:
"The
world faces an enormous challenge in fighting COVID-19. Intel is committed to
accelerating access to technology that can combat the current pandemic and
enable new technology and scientific discovery that better prepares society for
future crises. We hope that by sharing our expertise, resources and technology,
we can help to accelerate work that saves lives and expands access to critical
services around the world during this challenging time."
CloudMD Software & Services Inc. (CSE:DOC), a telemedicine company that
leverages AI, has reached over 100,000 registered users
combined on its CloudMD and MyHealthAccess telemedicine platforms. Essam Hamza,
CEO of CloudMD, commented:
“CloudMD
continues to revolutionize the way healthcare is delivered to patients. We are
excited and encouraged by the continued growth of our CloudMD platform as the
significant increase in registered users continues to reinforce buy-in from the
communities we serve.” He continued, “During these difficult times we are proud
to offer much needed and timely medical care to the Canadian population. We
remain committed to providing the best health care services to our patients.”
Global
Automotive AI Market to Reach $15.9 Billion by 2027
A report from Meticulous Research finds that the global
Automotive AI market will reach $15.9 billion by 2027 with a compound annual
growth rate (CAGR) of 39.8 percent in the forecast period 2019-2027. The
following excerpt from the report description outlines the role of autonomous
vehicles in the market:
The
global market for autonomous vehicles has witnessed remarkable growth in recent
years. As the adoption of AI in autonomous vehicles progresses from needing
driver assistance to having full autonomy, enhanced user experience and
convenience features, driverless cars are becoming a reality. Autonomous
vehicles are called self-driven or driverless vehicles that use artificial
intelligence (AI) software, light detection & ranging (LiDAR), computer
vision, GPS, and RADAR sensing technology and sensors to operate without any
human interference. The growing demand and necessity for safe, efficient, and
convenient driving experience; increasing government focus on streamlined
traffic infrastructure and regulations, rising demand for a reliable
transportation system, and availability of advanced technologies relevant for
the automotive industry are driving the demand for autonomous and
semi-autonomous vehicles, globally. Furthermore, an increase in demand for
connected vehicles using the internet of things (IoT), reduction in traffic
congestion and increased road safety measures, are contributing to the growth
of [the] autonomous vehicles market.
Sam Mowers, Investorideas.com
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a list of artificial intelligence stocks on Investorideas.com visit
here
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