#AIEye
#Podcast 546: #Stocks discussed: (NasdaqGS: $BIDU) (NYSE: $U)
Baidu
Unveils #IntelligentDriving and #Cloud Upgrades at Auto Shanghai 2021, and
Unity Software Announces Unity Computer Vision Datasets
Smart
#Robots Market Has Potential to Grow by $44.44B from 2021-2025
Point Roberts WA, Vancouver BC – April 19, 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
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2021/041921-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/04191BIDU-U.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:BIDU) (NYSE:U)
Baidu, Inc. (NasdaqGS:BIDU) unveiled upgrades to its intelligent driving
and cloud solutions at the Auto Shanghai 2021 exhibition today. According to
the press release, some of “the upgraded solutions have the capability to
significantly shorten the autonomous driving R&D cycle from the current
seven years to six months.” An excerpt from the press release reads:
Under
the autonomous driving cloud solution, Apollo will assist partners in
developing AI production lines. With the big data cloud solution, Apollo will
work with car companies on a closed loop for self-learning in a smart cabin,
that will allow carmakers to better understand users and provide them with a
customized driving experience. Leveraging Apollo's experience in safety
technology, the car safety cloud solution will support car companies in
improving the car safety levels.
Software development firm Unity Software Inc. (NYSE:U)
has announced the availability of Unity Computer
Vision Datasets, which aims “to reduce the cost of developing computer vision
applications, and more quickly train AI for the Manufacturing, Retail, and
Security industries.” Danny Lange, Senior Vice President of Artificial
Intelligence & Machine Learning, Unity, explained:
"By
creating a synthetic version of datasets that mirror validated privacy rules
and accurately reflect real-world data, we enable these groundbreaking datasets
to get into the hands of more innovators. Essentially, these datasets empower
companies to plan for and simulate scenarios they haven't yet experienced, with
a sizable increase in user data that mimics what they’d find over time in the
real world. As a result, we’re seeing smarter indoor environments, such as
cashierless grocery stores, and more as our customers discover new
applications."
Smart
Robots Market Has Potential to Grow by $44.44B from 2021-2025
A report published by Technavio finds that the Smart Robots market
has potential to grow 44.44 billion from 2021-2025, with a compound annual
growth rate (CAGR) of 25.87 percent. An excerpt from the report snapshot reads:
The
smart robots market share growth by the professional service robots segment
will be significant during the forecast period. One of the major reasons for
the growing demand for professional service robots is the rise in the
deployment of smart robots in warehouses. Many companies are utilizing smart
robots in their warehouses for automating the work, such as delivering parcels
from one place to another and loading or unloading materials.
Besides
the above-mentioned factors, the post COVID-19 impact has fast tracked the
demand for professional service robots, especially from the healthcare
industry.
Sam Mowers, Investorideas.com
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