#AIEye Episode 455: NVIDIA (NasdaqGS: $NVDA) Collaborating with CINECA, Atos (OTC: $AEXAY) on “World’s Fastest #AI Supercomputer”, IBM (NYSE:$IBM) Teams Up with Burger King Brazil for Virtual Assistant
Global
Software Development AI Market to Grow at 42.3% from 2020-2027
Point Roberts WA, Vancouver BC – October 16, 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
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:NVDA) (OTC:AEXAY) (NYSE:IBM)
NVIDIA Corporation (NasdaqGS:NVDA)
has announced that CINECA – an Italian
inter-university consortium – is leveraging its accelerated computing platform
to build the world’s fastest AI supercomputer. Called the “Leonardo,” the
system will be built in collaboration with Atos (OTC:AEXAY) and EuroHPC, and “is expected to
deliver 10 exaflops of FP16 AI performance to enable advanced AI and HPC
converged application use cases.” Marc Hamilton, vice president of solutions
architecture and engineering at NVIDIA, said:
“The
EuroHPC technology roadmap for exascale in Europe is opening doors for rapid
growth and innovation in HPC and AI. We’re working with CINECA and Atos to
accelerate scientific discovery across a broad range of application domains,
providing a platform to usher in the era of exascale computing.”
IBM (NYSE:IBM) has announced that IBM Services has teamed up with Burger King Brazil “to create a
new virtual assistant, based on IBM Watson Assistant, named TOP (Technology
Orienting People) to help Burger King (BK) Brazil's 16,000 employees, serving
more than 800 restaurants, be more connected to each other and its leadership.”
Amy Wright, managing partner, Talent & Transformation, IBM Services,
explained:
"Burger
King Brazil is a great example of an organization on their journey to HR 3.0.
The company has combined its journey of digital transformation with its people
management strategy to be more connected and help respond more effectively to
the needs of its team. People are the heart of any organization and with new
AI-enabled digital tools, the HR 3.0 mindset can be critical to our ongoing
development of a more productive and rewarding world of work."
Global
Software Development AI Market to Grow at 42.3% from 2020-2027
A report published by Data Bridge Market Research finds that the
global Software Development AI market will exhibit a compound annual growth
rate (CAGR) of 42.3 percent in the forecast period 2020-2027. An excerpt from
the report’s description outlines some trends influencing the market’s growth:
The
increase in the fraction of novel start-ups and improvements in technology has
directed to an expansion in expenditure in AI technologies. Furthermore, an
increase in requirement for interpreting and representing massive volumes of
data is increasing the need for artificial intelligence software development
for enterprise solutions. Moreover, the advancement of trustworthy cloud
computing foundations and developments in effective artificial intelligence has
made an influential impression on the germination potential of the AI market.
Nevertheless, the shortage of skilled and qualified instructors can limit the
increment of the AI software development business.
Sam Mowers, Investorideas.com
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