#AIEye Episode 443: VMware (NYSE: $VMW) Partners with NVIDIA (NasdaqGS: $NVDA) for Next-Gen Cloud and AI, Minerva (TSXV: $MVAI.V)Signs Contract with Miner for New DRIVER Product
Global
AI in Retail Market to Reach $23.32 Billion by 2027
Point Roberts WA, Vancouver BC – September 30, 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/2020/093020-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2020/artificial-intelligence/09301AIEye-VMW-NVDA.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:VMW) (NasdaqGS:NVDA) (TSXV:MVAI)
VMware, Inc. (NYSE:VMW) has announced a broad partnership with NVIDIA
Corporation (NasdaqGS:NVDA) aimed at delivering “an
end-to-end enterprise platform for AI and a new architecture for data center,
cloud and edge that uses NVIDIA® DPUs (data processing units) to support
existing and next-generation applications.” Jensen Huang, founder and CEO of
NVIDIA, explained:
"AI
and machine learning have quickly expanded from research labs to data centers
in companies across virtually every industry and geography. NVIDIA and VMware
will help customers transform every enterprise data center into an accelerated
AI supercomputer. NVIDIA DPUs will give companies the ability to build secure,
programmable, software-defined data centers that can accelerate all enterprise
applications at exceptional value."
Minerva Intelligence Inc. (TSXV:MVAI)
has signed a contract with a Canadian intermediate
mining company for its new DRIVER product, which according to the press release
“provides deep insights into previously untapped geometallurgical data.” DRIVER
works with Minerva’s AI to provide geologists with models from which they can
develop drilling strategies. The company’s CEO, Scott Tillman, said:
"Our
work on this project reaffirms the value of Minerva's AI technology for the
mining and explorations sectors. We are gratified that companies are embracing
DRIVER as a critical new tool in their toolbox, and we look forward to
delivering valuable insights into their drilling data.
The
continued validation of our software in the field of mineral extraction is
proving the value of our cognitive AI technology both in the exploration
process and with risk analysis. This new contract should further cement
Minerva's reputation as a cutting-edge solutions provider in these
domains."
Global
AI in Retail Market to Reach $23.32 Billion by 2027
A report published by Fortune Business Insights finds that the global AI
in Retail market will grow from $3.01 billion in 2019 to $23.32 billion by 2027
with a compound annual growth rate (CAGR) of 29.6 percent in the forecast
period 2020-2027. An excerpt from the report summary outlines potential restraints
in the market’s growth:
Well
established retailers are trying every possible way to improve the engagement
of their customers, however certain factors are limiting the AI in retail
market growth. The giant suppliers and global level retailers like Walmart have
already deployed an artificial intelligence-based system to their shops as well
as to online portals. However, small and medium-sized retailers (SMEs) are
still far away from the technology due to a lack of infrastructure and skilled
expertise. The high implementation cost associated with the retail solutions is
also a major barrier for small retailers which is limiting the adoption. These
factors have restricted market expansion across SMEs.
Sam Mowers, Investorideas.com
Read and hear
other editions of the AI Eye
For a list of
artificial intelligence stocks on Investorideas.com visit here
Investors can
trade these stocks and other ideas on
our site using our list of top stock trading apps including Robinhood , Acorn, Stash and others.
About Investorideas.com - News that Inspires Big
Investing Ideas Investorideas.com is a recognized news source publishing third party
news, research and original financial content. Learn about investing in stocks
and sector trends with our news alerts, articles, podcasts and videos,
looking at cannabis, crypto, AI and IoT, mining, sports biotech, water,
renewable energy and more. Investor Idea’s original branded content includes
the following podcasts and columns : Crypto Corner , Play
by Play sports and stock news column, Investor Ideas Potcasts Cannabis News
and Stocks on the Move podcast and column, Cleantech
and Climate Change , Exploring
Mining the AI
Eye .
The
Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com,
iHeartRadio and Google Play Music.
Visit the Podcast
page at Investorideas.com:
https://www.investorideas.com/Audio/
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
The AI Eye-
Watching stock news, deal tracker and advancements in artificial
intelligence is an original content brand of Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android
Join our Investor Club https://www.investorideas.com/membership/
Contact
Investorideas.com
800 665 0411
Get more Technology stock investor
ideas - news, articles, podcasts and stock directories
No comments:
Post a Comment