The
#AIEye: VSBLTY (CSE: $VSBY.C; OTC: $VSBGF) Announces Collaboration with
Photon-X to Develop Advanced Camera Applications to Screen for #COVID19,
NexOptic (TSXV: $NXO.V) Selected to Join Qualcomm (NasdaqGS: $QCOM) Platform
Solutions Ecosystem
Emotion
Detection and Recognition (EDR) Market to Reach $45.48 Million by 2025
Point Roberts WA, Vancouver BC – April 21, 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:
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this in full at https://www.investorideas.com/news/2020/artificial-intelligence/04211AIEye-VSBLTY-NexOptic-QCOM.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (CSE:VSBY) (5VS.F) (OTC:VSBGF) (TSXV:NXO) (NasdaqGS:QCOM)
VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (OTC:VSBGF) has announced a collaboration with Photon-X, a
developer of sensor technologies that enable biometric verification, document
security, CGI motion imaging and photo mapping, to develop advanced camera
applications to help screen for persons who may be infected with COVID-19 as
they enter buildings. The collaboration brings together object recognition and
analytics from Photon-X and VSBLTY’s facial recognition. VSBLTY Co-founder and
CEO Jay Hutton said:
“As
the world slowly goes back to work, we will all want to be assured that we can
do so safely. Thermal detection in venues, buildings, restaurants and public
spaces will be an easy detection tool that can augment safety and help prevent
further contagion. We have already seen efforts by major retailers,
manufacturers and large employers to implement wellness detection at building
and factory entrances. This is a safety measure that has long-term value and
may well be an essential element in the new economy."
Optics and AI firm NexOptic Technology Corp. (TSXV:NXO) has been selected to join the Qualcomm (NasdaqGS:QCOM)
Platform Solutions Ecosystem. According to the press release, “joint
initiatives have already begun, optimizing [NexOptic’s ALIIS [(All Light
Intelligent Imaging Solutions)] for select Qualcomm Snapdragon mobile platforms
with support from Qualcomm Technologies’ AI and camera solution experts.” Rich
Geruson, Chairman of NexOptic, said:
“I’m
pleased with the level of enthusiasm shown by both sides during the
formalization of our collaboration. Working with a global semiconductor leader
like Qualcomm Technologies is a big achievement and the most efficient way for
NexOptic to gain a major foothold in the mobile industry.”
Emotion
Detection and Recognition (EDR) Market to Reach $45.48 Million by 2025
A report from Mordor Intelligence finds that the Emotion
Detection and Recognition (EDR) market will grow from $17.19 million in 2019 to
$45.48 million by 2025 with a compound annual growth rate (CAGR) of 18.01
percent in the forecast period. An excerpt from the market overview reads:
●
Though
artificial intelligence (AI) is unleashing a wave of digital disruption, the
limitation of AI to understand human emotion is still a challenge. However, in
the past few years, increasing access to data, low-cost computing power, and
evolving NLP combined with digital learning are enabling the systems to analyze
human emotions.
●
A
detailed understanding of emotion is a factor that challenges the EDR market,
as emotions can be expressed in multiple ways and can also be deceptive.
Despite this challenge, technological advancements in AI are expected to drive
the market for EDR during the forecast period.
●
Other
key influencers of the market include the rising need for better customer
experience (as emotional connection also plays a key role along with customer
satisfaction), the increasing need for a human touch in digital communications
(chatbots), and challenges in language context and facial recognition.
Sam
Mowers, Investorideas.com
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Ideas member
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