The
#AIEye Episode 401: Google Cloud (NasdaqGS: $GOOG) Partners with Orange for IT
Infrastructure Acceleration, Windfall Geotek (TSXV: $WIN.V) Initiates CARDS AI
Work Program with Gatling Exploration (TSXV: $GTR.V)
Global
Conversational AI Market to Reach $13.9 Billion by 2025
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https://www.investorideas.com/Audio/Podcasts/2020/073120-AI-Eye.mp3
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this in full at https://www.investorideas.com/news/2020/artificial-intelligence/07311AIEye-GOOD-Orange.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:GOOG) (ORA.PA) (TSXV:WIN) (TSXV:GTR)
Google Cloud, a division of Google (NasdaqGS:GOOG),
and Orange (ORA.PA) have announced a strategic partnership to
“accelerate the transformation of Orange's IT infrastructure and the
development of future cloud services, in particular edge computing.” Leveraging
Google Cloud tech, including analytics and AI tools, Orange “plans to build a
next-generation data analytics and machine-learning platform,” according to the
press release. Stéphane Richard, Chairman and CEO of Orange, commented:
"Orange
is a pioneer of digital transformation and is pleased to partner with Google to
accelerate its data and AI transformation and continue towards a better service
for its customers. Google has been a long term partner of Orange and, as Google
is eager to invest in Europe - and especially in France - to develop new
datacenters, this is the perfect time to work on new services and opportunities
in French and European markets."
Windfall Geotek Inc. (TSXV:WIN) has initiated a work program using its CARDS AI
analysis with Gatling Exploration (TSXV:GTR) in Larder Lake, Ontario, where it
“will generate new high probability gold targets on Gatling's Larder Gold
Project.” Windfall Geotek President and CEO Michel Fontaine said:
"The
momentum and appetite for our CARDS AI technology right now is a combination of
the rising gold price and the need to speed up discoveries. We have seen a
tremendous increase in demand during the Covid-19 pandemic as our digital
exploration represents a great alternative to field work and is a safe way to
advance projects quickly. The contract with Gatling exploration is a very exciting
one for us as we know our targets will be validated quickly. We look forward to
continuing to build value for our shareholders and clients with these
validations.”
Global
Conversational AI Market to Reach $13.9 Billion by 2025
A report from Markets and Markets finds that the global
Conversational AI market will grow from $4.8 billion in 2020 to $13.9 billion
by 2025 with a compound annual growth rate (CAGR) of 21.9 percent in that
forecast period. An excerpt from the report’s description outlines the role of
AI-powered customer support services in the market:
Today,
the focus of enterprises has shifted from providing customer support services
through emails or messages to AI-powered chatbots that help enterprises enhance
customer experience and engagement. AI-powered chatbots use NLP technology to
carry out human-like conversations and assist customers in real-time. They help
enterprises fetch business intelligence about customer preferences, opinions,
and purchase behaviors, thus enabling organizations to provide proactive
recommendations and more personalized experiences based on their account
activity. Organizations can also leverage AI-enabled chatbots and virtual
agents to automate repetitive and manual processes, such as order placement,
balance inquiries, general inquiries, technical assistance, and other customer
services. With the use of automation, organizations can achieve higher productivity
gains with lower manpower requirements.
Sam Mowers, Investorideas.com
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