#AIEye
Episode 596: #Stocks discussed: (NYSE: $IBM) (TSXV: $DM.V); #artificialintelligence
IBM
Leveraging AI to Enhance US Open, and Datametrex Enters AI Contract
Global
#AI in #ComputerVision Market to Reach $144.46B by 2028
Point Roberts WA, Vancouver BC – August 27, 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/2021/082721-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/08271IBM-DM.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:IBM) (TSXV:DM)
IBM (NYSE:IBM), in partnership with the US Open, is
leveraging AI and hybrid cloud technology to
give tennis fans around the world player and match insights. This includes
features ranging from AI-powered daily rankings of player momentum to
AI-generated fact sheets. Noah Syken, Vice President of Sports &
Entertainment Partnerships, IBM, said:
"Since
last year's entirely virtual tournament we've learned even more about what fans
are looking for and how technology can help execute a tournament of this scale.
We're excited to bring that insight into our continued partnership with the
USTA, and to help leverage our AI and cloud expertise to make the tournament
more engaging for fans via the digital platforms and their new fan experiences,
and the behind-the-scenes technology that helps enable the tournament."
Datametrex AI Limited (TSXV:DM) has announced that it has entered into a $250,000
contract with a Canadian tech company on an Artificial Intelligence contract.
This will see Datametrex deploy its Nexology AI, Nexa Inteligence, “that will
allow for deepened analysis and understanding of social media influencers
related to crypto assets including altcoins.” The company’s CEO, Marshall
Gunter, said:
"Companies
are looking to AI to help connect there business to their services by getting a
leg up on who is saying what on social media and pinpointing and summarizing
crypto winners and losers and the meaning of conversations without human being
input, but tapping AI.”
Global
AI in Computer Vision Market to Reach $144.46B by 2028
A report published by Verified Market Research finds that the global
market for AI in Computer Vision will grow from $7.04 billion in 2020 to
$144.46 billion by 2028 with a compound annual growth rate (CAGR) of 45.64
percent in the forecast period 2021-2028. An excerpt from the report’s
description outlines some key factors influencing the market’s growth.
The
market is being driven by the rising need for quality inspection and automation,
as well as the rising demand for computer vision systems in non-traditional and
developing applications and the adoption of Emotion AI. Similarly, government
initiatives to support industrial automation and the integration of artificial
intelligence into edge devices are projected to provide attractive prospects
for the player.
Sam Mowers, Investorideas.com
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