The
#AIEye Episode 384: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Signs Agreement with
Synect, Intel’s (NasdaqGS: $INTC) Mobileye Working with WILLER to Launch
Robotaxi Service and IBM (NYSE: $IBM) to Acquire WDG Automation
Global
#AI Governance Market to Reach $585.98 Million by 2027
Point Roberts WA, Vancouver BC – July 8, 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.
Listen
to today’s podcast:
Read
this in full at http://www.investorideas.com/news/2020/artificial-intelligence/07081AIEye-VSBY-VSBGF-INTC-IBM.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) (NasdaqGS:INTC) (NYSE:IBM)
VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (OTC:VSBGF) has signed an agreement with Synect, a digital
strategy and content creation agency that enables video displays of unlimited
size and scale in airports. The agreement will see VSBLTY’s Datacaptor
solution, which “leverages camera and sensor technology with artificial
intelligence (machine learning and computer vision) to provide real-time
analytics,” with around 2,200 of Synect’s ReadySeeGo digital signage units.
Synect founder and CEO Yahav Ran said:
"The
collaboration between VSBLTY and Synect is exciting and offers our clients new
AI-powered innovation and insight. With VSBLITY DataCaptor, ReadySeeGo can
deliver impactful, responsive content based on user behavior, demographics and
more. This allows for experiences that are even more engaging and provides new
ways for our clients to take visual communications to the next level.”
Mobileye, a subsidiary of Intel Corporation (NasdaqGS:INTC), has announced a strategic collaboration with
Japanese transportation operator WILLER to launch an autonomous robotaxi
service in Japan and countries in Southeast Asia, such as Taiwan. Amnon
Shashua, President and CEO of Mobileye, commented:
"Our
new collaboration with WILLER brings a meaningful addition to Mobileye’s
growing global network of transit and mobility ecosystem partners. We look
forward to collaborating with WILLER as we work together for new mobility in
the region by bringing self-driving mobility services to Japan, Taiwan and
ASEAN markets."
IBM (NYSE:IBM) has reached a definitive agreement to acquire
Brazilian software provider of robotic process automation (RPA) WDG Soluções Em
Sistemas E Automação De Processos LTDA (WDG Automation). Denis Kennelly,
General Manager, Cloud Integration, IBM Cloud and Cognitive Software, explained
how this acquisition advances IBM's comprehensive AI-infused automation
capabilities:
"IBM
already automates how companies apply AI to business processes and IT
operations so they can detect opportunities and problems and recommend next
steps and solutions. With today's announcement, IBM is taking that a step
further and helping clients accelerate automation to more parts of the
organization, not just to routine, but more complex tasks so employees can
focus on higher value work."
Global
AI Governance Market to Reach $585.98 Million by 2027
A report from Stratistics Market Research Consulting
finds that the global AI Governance market is projected to grow from $34.85
million in 2019 to $585.98 million by 2027 with a compound annual growth rate
(CAGR) of 42.3 percent in that forecast period. The report’s description
identifies “increasing government initiatives to leverage the AI technology,
and growing regulatory compliances around the technology,” as key market
drivers, and highlights the establishment of “comprehensive ethical principles
for AI,” as something hampering its growth. The following excerpt from the
report’s description defines the market:
AI
governance encompasses the policies and the legal actions in order to design,
develop; supervise algorithms and models of machine learning (ML). The
management needs to focus the attention on transparent, ethical and accountable
usage of the AI systems, which in turn will result in enhancing the outcomes
and measures maximum optimization of AI technology. The AI governance broadly
finds its applicability in the process of decision making, logistic
computations, and others.
Sam Mowers, Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit
here
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