#AIEye #Podcast Episode 467: Wipro (NYSE: $WIT) and AWS (NasdaqGS: $AMZN) Launch Wipro AWS Business Group, and ImmunoPrecise (TSXV: $IPA.V) Collaborates with #AI Research Institute Mila
Global
Mobile AI Market to Reach $17.79 Billion by 2025
Point Roberts WA, Vancouver BC – November 3, 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: (NYSE:WIT) (TSXV:IPA)
Wipro Limited (NYSE:WIT) and Amazon Web Service (AWS), a
subsidiary of Amazon (NasdaqGS:AMZN), announced the launch of Wipro AWS Business
Group (WABG), described as “a unit designed to help customers fast-track their
cloud transformation journey on AWS.” WABG brings together Wipro’s services and
experience with AWS’s cloud platforms to “drive business acceleration.” Matt
Garman, Vice President, Sales and Marketing, AWS, said:
"By
establishing the Wipro AWS Business Group, we are taking an important step
forward in the long-standing relationship between the two companies. This
business group will empower clients to rapidly achieve the benefits of moving
to AWS, eliminate the undifferentiated heavy lifting of managing their IT
infrastructure, and instead focus on their core business."
ImmunoPrecise Antibodies Ltd. (TSXV:IPA)
announced a research partnership with AI
research institute Mila. The collaboration will leverage data and artificial
intelligence to research and develop talent initiatives to advance next
generation innovation in therapeutics. Yoshua Bengio, the founder of Mila, said:
"This
partnership opens up an exciting opportunity for AI to tap into unexplored
datasets generated by ImmunoPrecise's effective and high-throughput therapeutic
antibody discovery platforms, to contribute to the design of new therapeutics
against life-threatening diseases that challenge humanity.”
Jennifer Bath, CEO of ImmunoPrecise, said:
"This
partnership reflects IPA's deep-seeded commitment to innovation. Combining our
efforts with the world-renowned talent at Mila catalyzes our advancements beyond
the traditional life science model, as we continue to embrace the future of
therapeutic discovery to accelerate the commercialization of life saving
therapeutics."
Global
Mobile AI Market to Reach $17.79 Billion by 2025
A report published by Data Bridge Market Research finds that the
global Mobile Artificial Intelligence (AI) market will grow from $5.14 billion
in 2017 to $17.79 billion by 2025 with a compound annual growth rate (CAGR) of
28.43 percent in the forecast period 2018-2025. The report’s description
identifies “increasing demand in the field of drones, robotics, and
surveillance cameras”, “growing demand for edge computing in IoT,” and a
“rising focus on low cost AI-capable processors and cognitive computing,” as
drivers in the market, but highlights the rapid replacement of new technology
and the expense of maintaining technology as potential restraints to growth.
Sam Mowers, Investorideas.com
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