#AIEye Episode 437: Li Auto (NasdaqGS: $LI) Announces Strategic Cooperation with NVIDIA (NasdaqGS: $NVDA) and Desay SV, and ADT (NYSE: $ADT) Invests in #AI Startup Percepta Labs
Global
AI in Healthcare to Reach $170.5 Billion by 2028
Point Roberts WA, Vancouver BC – September 22, 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/09221AIEye-LI-NVDA-ADT.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:LI) (NasdaqGS:NVDA) (NYSE:ADT)
Li Auto Inc. (NasdaqGS:LI),
an innovator in China’s new energy vehicle market, has announced a three-way strategic cooperation
with NVIDIA Corporation (NasdaqGS:NVDA) and NVIDIA's Chinese partner,
Huizhou Desay SV Automotive. This will see Li Auto equipping its vehicles with
the NVIDIA Orin SoC chipset. Rishi Dhall, vice president of automotive business
development of NVIDIA, explained:
“Our
next generation of autonomous driving SoC, Orin, has achieved significant
improvement both in its computing power and energy efficiency. Through close
cooperation with companies such as Li Auto and Desay SV, we aim to bring all
new AI-based autonomous driving functions to the new energy vehicles in China
and around the world.”
ADT Inc. (NYSE:ADT),
through its commercial channel, ADT Commercial, is investing in Philadelphia-based AI startup
Percepta Labs. According to the press release, this investment of over $1
million “will fund the commercialization and application of the startup’s cutting-edge
AI technology to help detect and deter shoplifting.” Percepta CEO Philippe
Sawaya said:
“AI’s
presence in our lives has skyrocketed, yet it poses ethical concerns that have
not been sufficiently addressed. We’ve made these concerns a key priority and
are proud to have developed an ethical AI technology that counteracts these
biases in the world of retail and beyond. We look forward to seeing how ADT
Commercial’s vast experience and commercial network will accelerate Percepta’s
growth. We’re excited to partner with them in our shared mission to support
socially responsible AI security solutions.”
Global
AI in Healthcare to Reach $170.5 Billion by 2028
A report published by Sheer Analytics & Insights finds that the
global AI in Healthcare market will grow from $6.1 billion in 2019 to $170.5
billion by 2028 with a compound annual growth rate (CAGR) of 42 percent in the
forecast period 2020-2028. The report identifies market drivers such as
“technological advancements for enhancing laboratory efficiency, and surging
need for intelligent automation,” as well as “increasing investment in medical
and life sciences research and R&D initiatives for faster drug discovery.”
According to the report analysis, factors including the “increasing interest of
startups, database management solution for patients and better vision from
automation,” are contributing to North America holding the largest regional
share of the market.
Sam Mowers, Investorideas.com
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