#AIEye
#Podcast 604: #Stocks discussed: (NasdaqGS: $BIDU) (NYSE: $AI) (NYSE: $BLL)
#artificialintelligence
Baidu-backed
DeepWay Unveils AI-Powered Xingtu “Robot Truck”, and C3 AI’s AI Selected by
Ball Corporation for Sustainability Goals
Global
#Mobile #AI Market to Reach $84.8B by 2030
Point Roberts WA, Vancouver BC – September 17,
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/2021/091721-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/09171BIDU-AI-BLL.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:BIDU) (NYSE:AI) (NYSE:BLL)
DeepWay, a company backed by Baidu, Inc. (NasdaqGS:BIDU), has unveiled Xingtu, described as “a smart new
energy heavy-duty truck with a computing power of more than 500 TOPS and
ultra-long-distance sensing capabilities of more than 1 kilometer,” marking
“Baidu's entry into the USD multi-trillion global freight market.” Xingtu is
powered by Baidu’s AI technology stack as well as its Apollo autonomous driving
platform. Yunpeng Wang, vice president and general manager of autonomous
driving technology at Baidu, said:
"Autonomous
driving must use advanced driverless technology to create new products that
offer the ultimate experience in order to achieve commercial success. We aim to
create value in real-life scenarios such as transporting people, delivery and
life services. This new generation of vehicle is by no means just a modified
truck – it's a robot truck."
C3.ai, Inc. (NYSE:AI) has announced that aluminum packaging solutions
provider Ball Corporation (NYSE:BLL) has selected C3 AI Energy Management
and C3 AI Ex Machina to help achieve its sustainability goals, “and to identify
new opportunities to operate with greater energy efficiency.” Adam Shalapin,
Global Sustainability Manager, Ball Corporation, explained:
"We
believe sustainability is a collaborative effort between our employees, global
partners and key stakeholders, and we are committed to providing low-carbon,
infinitely recyclable aluminum packaging to drive our vision for a more
circular and sustainable economy. As the leading provider of industrial
strength enterprise AI tailored for energy management and sustainability
solutions for large scale enterprises, C3 AI’s partnership helps us continue to
advance our ambitious sustainability goals."
Global
Mobile AI Market to Reach $84.8B by 2030
A report published by Allied Market Research finds that the global
Mobile AI market is projected to grow from $8.56 billion in 2020 to $84.8
billion by 2030, registering a compound annual growth rate (CAGR) of 26.44
percent in the forecast period 2021-2030. The following excerpt from the
report’s overview outlines key influences on the market’s growth:
The
prominent factors that impact the mobile artificial intelligence (AI) market
growth are high demand for artificial intelligence in smartphones, growing
demand for AI-capable processors, and rising investment in Artificial
Intelligence (AI) technologies. However, high pricing of artificial processors
restricts the market growth. On the contrary, the emergence of edge computing
is expected to create lucrative opportunities for the market.
Sam Mowers, Investorideas.com
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