#AIEye Episode 452: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Releases Corporate Update and Intel (NasdaqGS: $INTC) India Collaborates with Government of Telangana, IIIT-Hyderabad, and PHFI on AI Research Center
Global
AI in Agriculture Market to Exhibit 25.4% CAGR from 2019-2025
Point Roberts WA, Vancouver BC – October 13, 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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Today’s
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AI Eye- Watching stock news, deal tracker and advancements
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Stocks
discussed: (CSE:VSBY) (5VS.F) (OTC:VSBGF) (NasdaqGS:INTC)
VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (OTC:VSBGF) has issued a corporate update, reporting on momentum
building in both the security and retail sectors in the company’s response to
COVID-19 and the re-opening of the world's economies. VSBLTY Co-founder and CEO
Jay Hutton commented:
"In
this COVID-19 pandemic era, businesses are working to re-open safely by
creating new security protocols, including adjunct temperature screening
measures to routinely provide additional safeguards for employees, retail
customers, and venue patrons entering all types of facilities. We've partnered
our proven groundbreaking software technology with world-class companies to
meet today's needs for temperature sensing and alerting using our facial and
object recognition for access control, mask detection, and occupancy, and
density management for social distance monitoring."
Apart from using its technology to help businesses to
reopen, the press release covers VSBLTY’s forthcoming developments in Smart
City solutions, innovative display programs, and interactive digital signage.
Intel Corporation (NasdaqGS:INTC)
has announced the launch of INAI, an artificial
intelligence research center established in a collaboration with Intel India,
the government of Telangana, the International Institute of Information
Technology, Hyderabad (IIIT-H) and the Public Health Foundation of India
(PHFI). INAI is, according to the press release, “an initiative to apply AI to
population scale problems in the Indian context, with a focus on identifying
and solving challenges in the healthcare and smart mobility segments through
strong ecosystem collaboration.” Nivruti Rai, Intel country head for India and
vice president of the Data Platforms Group, explained:
"With
its unique strengths of talent, technology, data availability, and the
potential for population-scale AI adoption, India has this tremendous
opportunity to lead human-centric applications and democratize AI for the
world. Our aspiration is to make AI synonymous with India as we strive to
achieve the true potential of AI in critical segments like healthcare, smart
mobility and the future of work by advancing innovation, research, technology
and skills. The launch of the Applied AI Research Center, initiatives to train
students on AI readiness skills and the all.ai 2020 Summit reinforce our commitment
towards realizing the exponential impact of AI in an inclusive, collaborative
and responsible manner."
Global
AI in Agriculture Market to Exhibit 25.4% CAGR from 2019-2025
A report from Grand View Research finds that the global AI
in Agriculture market, which was valued at $608.9 million in 2019, will exhibit
a compound annual growth rate (CAGR) of 25.4 percent in the forecast period
2019-2025. An excerpt from the report summary reads:
Artificial
intelligence techniques for farming help increase productivity and yield.
Therefore, agribusiness corporations adopt artificial intelligence technologies
in terms of predictive analytics-based solutions. AI-based applications and
techniques help control pests, yield healthier crops, monitor the soil, and
improve agriculture-related tasks in the entire food supply chain. Artificial
intelligence is increasingly being adopted in the agriculture industry for the
improvement of harvest quality and accuracy since it helps analyze farm data.
Sam Mowers, Investorideas.com
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