The
AI Eye Episode 368: Microsoft (NasdaqGS: $MSFT) and Adaptive Biotechnologies (NasdaqGS:
$ADPT) Launch ImmuneCODE COVID-19 Database, AWS Makes Amazon (NasdaqGS: $AMZN) EC2
Generally Available
Global
Air Traffic Control Market – Driven by AI – Will Reach $9.45 Billion by
2027
Point Roberts WA, Vancouver BC – June 12, 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
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AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NasdaqGS:ADPT) (NasdaqGS:AMZN)
Microsoft (NasdaqGS:MSFT) and Adaptive Biotechnologies
Corporation (NasdaqGS:ADPT) have launched COVID-19 database ImmuneCODE.
According to the press release, the database compiles “detailed views of the
immune response to COVID-19 in real time based on de-identified data generated
from thousands of COVID-19 blood samples from patients around the globe.” Peter
Lee, corporate vice president, Microsoft Research and Incubation, explained:
"Adaptive
Biotechnologies' sequencing of T-cells sets up an extremely large but
manageable machine learning problem, and thus makes it possible, for the first
time, to catalog and share how our adaptive immune system responds to viruses,
including the novel virus that causes COVID-19. Making these data freely
available to the global research community through the ImmuneCODE database will
deepen our collective understanding of the human immune response and thereby
help researchers accelerate the development of news drugs and vaccines in the
fight against this global health crisis."
Amazon Web Service (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), announced the general availability of its
sixth generation of Amazon Elastic Compute Cloud (Amazon EC2) instances. One of
the three new instances, the compute-optimized (C6g) instance, is “designed for
compute-intensive workloads, such as high performance computing, batch
processing, video encoding, gaming, scientific modeling, distributed analytics,
ad-serving, and CPU-based machine learning inference,” according to the press
release. All three of the new instances are powered by AWS-designed, Arm-based
Graviton2 processors, provide “optimized instructions for faster machine
learning inference,” among other features.
Global
Air Traffic Control Market – Driven by AI – Will Reach $9.45 Billion by
2027
A report from Fortune Business Insights finds that the
global Air Traffic Control market will grow from $8.90 billion in 2019 to $9.45
billion by 2027 with a compound annual growth rate (CAGR) of 6.96 percent in
the forecast period. The report notes the influence of AI as an important
driver in the market:
Nowadays,
AI is widely used in optimizing air traffic control processes. ATC equipment
and systems providers are focusing on AI-based solutions for airports. The
European Organisation for the Safety of Air Navigation, known as EUROCONTROL,
is an international organization focusing on safe and seamless air traffic
management in European countries. AI has become an integral part of
EUROCONTROL. The organization plays a central role at a technical level within
the Commission’s strategic initiative. AI is used in navigating aircraft,
predicting air traffic and simplifying ground level processes. It is estimated
that the use of AI in ATC improves operational efficiency by 30%. Thus, in
[the] next few years the implementation of AI in ATC will be a preferred option
at airports for operations optimization.
Another excerpt from the report’s summary reads:
With
the rise in the adoption of machine learning and the internet of things (IoT),
technologies at airports are supporting market growth. Several airport
authorities have implemented these technologies in the ATC unit.
Sam Mowers, Investorideas.com
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