#AIEye #Podcast 543: #Stocks discussed: (OTC: $YOKEF) (NYSE: $AI) (NasdaqGS: $INTC)
Yokogawa
Electric Selects C3’s #AI Suite, and Intel’s Mobileye to “Drive” Udelv #Autonomous
Delivery Vehicles
Global
AI in #Sports Market to Reach $3.555B by 2027
Point Roberts WA, Vancouver BC – April 12, 2021 – 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/2021/artificial-intelligence/04121YOKEF-AI-INTC.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTC:YOKEF) (NYSE:AI) (NasdaqGS:INTC)
Yokogawa Electric Corporation (OTC:YOKEF) has selected the AI suite from C3.ai, Inc. (NYSE:AI) “as a platform to enhance enterprise
AI applications and complement its digital transformation solutions and
services for industrial customers.” The former’s wholly owned subsidiary, KBC,
will be able to deploy the C3 AI Suite with its advanced AI capabilities to
their software portfolio, following the signing of a multi-year agreement
between the two firms. Yu Dai, a Yokogawa director and Senior Vice President of
the company’s Digital Solutions Headquarters, commented:
"The
C3 AI Suite brings new opportunities to seamlessly integrate state-of-the-art
AI into our software portfolio at enterprise scale. Our initial work with C3 AI
will drive digital transformation through more accurate simulations for our
customers, leading to improvements in their operational efficiency and
margins."
Mobileye, the self-driving subsidiary of Intel
Corporation (NasdaqGS:INTC), and Silicon Valley
venture-backed company Udelv, have made an agreement wherein the former’s Mobileye Drive
self-driving system, will drive the Udelv’s next-generation autonomous delivery
vehicles (ADV), called "Transporters." Amnon Shashua, Mobileye
president and CEO, commented:
"Our
deal with Udelv is significant for its size, scope and rapid deployment
timeline, demonstrating our ability to deliver Mobileye Drive™ for commercial
use now and in volume. COVID-19 has accelerated demand for autonomous goods
delivery, and we are delighted to partner with Udelv to address this demand in
the near term."
Global
AI in Sports Market to Reach $3.555B by 2027
A report published by Acumen Research and Consulting finds that the
global AI in Sports market will reach $3.555 billion by 2027 with a compound
annual growth rate (CAGR) of 32.8 percent in the forecast period 2020-2027. An
excerpt from the report’s description outlines trends impacting the growth of
the market:
The
increasing volume of both on-field and off-field data among various sports
organizations is creating the need for the management of these data for further
analysis. The increasing demand for monitoring and tracking data of players,
and simultaneously increasing number of wearable devices in the sports industry
are driving the market growth. The real-time insights through analysis of data
during match time help teams to make changes in their strategies for better
results. The introduction of Chatbots and virtual assistants to help teams to
interact with fans regarding a variety of topics is further supporting the
market growth. Additionally, chatbots can also be used to engage with fans in
order to provide information regarding ticket status, checking points, parking,
and schedule.
Sam Mowers, Investorideas.com
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