The
#AIEye: Minecraft Introduces Ray Tracing and #AI from NVIDIA (NasdaqGS: $NVDA),
Nuance (NasdaqGS: $NUAN) Announces AI Call Centre Solution
Global
AI in Social Media to Grow by $1.67 Billion from 2019-2023
Point Roberts WA, Vancouver BC – April 14, 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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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:NVDA) (NasdaqGS:MSFT) (NasdaqGS:NUAN)
NVIDIA Corporation (NasdaqGS:NVDA),
along with Microsoft (NasdaqGS:MSFT) and Mojang Studios, is bringing a form of ray tracing known as path
tracing for the Windows 10 version of the hugely popular game Minecraft.
According to the press release, ray tracing improves graphics by introducing
“realistic shadows, lighting and vibrant colors.” Minecraft is also introducing
NVIDIA DLSS 2.0, described as “an improved deep learning neural network that
boosts frame rates while generating beautiful, sharp images for games.” Jeff
Fisher, senior vice president of gaming at NVIDIA, explained:
“We
teamed up with Mojang Studios to bring next-generation ray tracing and AI to
Minecraft and the results are truly amazing. There is a ton of excitement from
the community for Minecraft with RTX, and we can’t wait to see what they
create.”
Nuance Communications, Inc. (NasdaqGS:NUAN)
has introduced a solution that uses AI to
eliminate putting customers on hold. With the addition of Nuance Voice-to-Agent
Messaging to a firm’s contact center phone/IVR system, customers are allowed to
“leave a voice message of any length to explain their issue and requests.”
According to the press release, “Voice-to-Agent uses conversational AI to
automatically convert the customer voice message into text, then uses natural
language understanding to understand the customer request and route to the best
agent or agent pool. Nuance’s AI can also provide agents with proposed answers
and automatically send an SMS to the customer with a personalized response.”
Tony Lorentzen, General Manager and Head of the Intelligent Engagement business
at Nuance, explained:
“In
any situation where an organization is facing a surge in callers, the ability
to quickly understand the call context removes the heavy burden on call center
agents and makes for a better customer experience. Instead of waiting on hold,
they can simply leave a voice message and get their question answered via an
SMS chat. Because our platform is unified, not only is it easy for customers to
solve for high-demand times, but it also brings channels together in a controlled
way that can simultaneously accelerate digital-first strategies and future
plans.”
Global
AI in Social Media to Grow by $1.67 Billion from 2019-2023
A report from Technavio finds that the global AI in Social
Media market is expected to grow by $1.67 billion from 2019-2023 with a market
deceleration at a compound annual growth rate (CAGR) of over 30 percent. An
excerpt from the report snapshot outlines the market:
The
growing demand for data integration and visual analytics is driving artificial
intelligence in the social media market. The need for data integration and visual analytics
solutions is rising due to the complexity involved in the deployment and
maintenance of reliable data interfaces and the generation of vast
volumes of data across various end-user industries. This is encouraging the
adoption of artificial intelligence in social media as it facilitates real-time
analysis, help in effective decision making, and enables enterprises to bridge
the gap between IT and businesses. Moreover, the demand for artificial
intelligence in social media is also increasing because it helps in monitoring,
transforming, analyzing, interpreting data and link multiple enterprise systems
of end-users with the web and cloud-based applications.
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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