#AIEye Episode 436: Microsoft Canada (NasdaqGS: $MSFT) Announces Canada Skills Program to Improve #AI Skills, Veritone (NasdaqGS: $VERI) Awarded $1.3 Million in Subcontracts from US Air Force Program
Global
Cloud Analytics Market – Driven by AI, ML, NLP – to Reach $65.4 Billion by 2025
Point Roberts WA, Vancouver BC – September 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.
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2020/092120-AI-Eye.mp3
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this in full at https://www.investorideas.com/news/2020/artificial-intelligence/09211AIEye-MSFT-VERI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NasdaqGS:VERI)
Microsoft Canada, a subsidiary of Microsoft (NasdaqGS:MSFT), along with 12 Canadian
post-secondary institutions, announced the Canada Skills Program, which aims
to “bolster the data & AI skills and employability of more than 4,500
students in diploma, degree and continuing education programs.” Kevin Peesker,
President, Microsoft Canada, said:
"The
pandemic has accelerated digital transformation at unimaginable rates, making
skills in cloud, data and AI more important than ever. Microsoft developed the
Canada Skills Program to help strengthen the innovation economy by building a
talent pipeline equipped with the skills they need for future success."
Veritone, Inc. (NasdaqGS:VERI) has been awarded $1.3 million of subcontracts under a
U.S. Air Force project that will leverage its aiWARE artificial intelligence
(AI) operating system to increase the speed and accuracy of overhead imagery
analysis. Chad Steelberg, CEO of Veritone, commented:
"Veritone
is thrilled and honored to be part of the team that won this contract from one
of the most respected and technologically advanced U.S. government agencies.
This is a further testament to the power of our world-class AI Operating
System, aiWARE, which orchestrates a diverse ecosystem of machine learning
models to transform audio, video, text and other data sources into actionable
intelligence."
Global
Cloud Analytics Market – Driven by AI, ML, NLP – to Reach $65.4 Billion by 2025
A report published by Markets and Markets finds that the global
Cloud Analytics market will grow from $23.2 billion in 2020 to $65.4 billion by
2025 with a compound annual growth rate (CAGR) of 23 percent in that forecast
period. An excerpt from the report description outlines the role of artificial
intelligence (AI), machine learning (ML), and natural language processing (NLP)
have as drivers of the market’s growth:
The
US has emerged as the largest market, due to the increasing investments and a
growing presence of vendors who are exploring the use of AI and NLP
technologies for various applications. The US market widely adopts AI and NLP
technologies in its business establishments and other verticals, catering to
customers in a better way and continually improving business efficiencies. The
country has advanced infrastructure, innovations, and initiatives necessary to
evolve cloud analytics into robust solutions with innovative benefits.
Sam Mowers, Investorideas.com
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