#AIEye
Episode 431: NVIDIA (NasdaqGS: $NVDA) to Acquire Arm Limited from SoftBank
Group (OTC: $SFTBY), BrainChip (ASX:BRN) Exhibiting Akida at 2020 Embedded Vision Summit Virtual
Conference
#AI
in Drug Discovery Market to Register 28.8% CAGR from 2020-2027
Point Roberts WA, Vancouver BC – September 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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this in full at https://www.investorideas.com/news/2020/artificial-intelligence/09141AIEye-NVDA-SoftBank-BrainChip.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:NVDA) (OTC:SFTBY) (ASX:BRN)
NVIDIA Corporation (NasdaqGS:NVDA) has announced a definitive agreement with SoftBank
Group (OTC:SFTBY) through which NVIDIA will acquire
Arm Limited from SoftBank Group and the SoftBank Vision Fund for $40 billion.
According to the press release, this acquisition couples “NVIDIA’s leading AI
computing platform with Arm’s vast ecosystem to create the premier computing
company for the age of artificial intelligence, accelerating innovation while
expanding into large, high-growth markets.” Jensen Huang, founder and CEO of
NVIDIA, commented:
“AI
is the most powerful technology force of our time and has launched a new wave
of computing. In the years ahead, trillions of computers running AI will create
a new internet-of-things that is thousands of times larger than today’s
internet-of-people. Our combination will create a company fabulously positioned
for the age of AI.
Simon
Segars and his team at Arm have built an extraordinary company that is
contributing to nearly every technology market in the world. Uniting NVIDIA’s
AI computing capabilities with the vast ecosystem of Arm’s CPU, we can advance
computing from the cloud, smartphones, PCs, self-driving cars and robotics, to
edge IoT, and expand AI computing to every corner of the globe.”
BrainChip Holdings Ltd (ASX:BRN) is participating at the 2020 Embedded Vision
Summit Virtual Conference starting tomorrow, September 15, and running to
September 25. There, the company will be exhibiting Akida, its AI-powered,
ultra-low power, event domain neural processor. Louis DiNardo, BrainChip’s CEO,
said:
"While
we would love the opportunity to showcase our Akida solution in person to
attendees of the Embedded Vision Summit, presenting from our virtual booth
actually enables us to demonstrate Akida’s abilities to a potentially larger
audience joining from home. We’re eager to show attendees how Akida helps
organizations create ultra-low power chips with our licensed intellectual
property and high- performance power efficient systems with our integrated
circuit. Akida provides the ability to incrementally learn on-chip without the
need to retrain in the Cloud. This ability makes us uniquely positioned to help
deliver the next generation of AI at the Edge. It’s an exhibit you definitely
don’t want to miss."
AI
in Drug Discovery Market to Register 28.8% CAGR from 2020-2027
A report from Grand View Research finds that the global AI
in Drug Discovery market, which was valued at $473.4 million in 2019, will
exhibit a compound annual growth rate (CAGR) of 28.8 percent in the forecast
period 2020-2027. An excerpt from the report summary reads:
Another
key factor promoting the adoption of artificial intelligence in the drug
discovery space is the monumental data generated by the molecule screening
processes and the preclinical studies. The large data makes it a difficult
process for the scientist to review all the scientific literature. In such
cases, artificial intelligence can help boost up the screening process and
reduce the time required for studying and identify drug molecule interactions
and histology data.
Sam Mowers, Investorideas.com
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