#AIEye
#Podcast 626: #Stocks discussed: (NasdaqGS: $NVDA) (OTC: $AEXAY) (NYSE: $HPE);
#artificialintelligence
NVIDIA
and Atos Announce EXAIL, and HPE Building Supercomputer “Adastra”
Global
AI Market to Reach $641.3B by 2028
Point Roberts WA, Vancouver BC – November 15, 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/2021/111521-AI-Eye.mp3
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this in full at https://www.investorideas.com/news/2021/artificial-intelligence/11151NVDA-AEXAY-HPE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:NVDA) (OTC:AEXAY) (NYSE:HPE)
NVIDIA Corporation (NasdaqGS:NVDA) and multinational IT
company Atos (OTC:AEXAY) have announced the Excellence AI Lab (EXAIL), which
“brings together scientists and researchers to help advance European computing
technologies, education and research.” According to the press release, EXAIL’s
five key areas of focus will be: climate research, healthcare and genomics, hybridization
with quantum computing, edge AI/computer vision and cybersecurity. With regard
to climate change, NVIDIA’s vice president and general manager of Accelerated
Computing, Ian Buck, said:
“Climate
change intensifies and increases the frequency of extreme weather events that
disrupt entire regions, costing governments and economies hundreds of billions
each year. The goal for EXAIL is to advance vital research to address pressing
global challenges surrounding climate change.”
Hewlett Packard Enterprise Company (NYSE:HPE) is building a new supercomputer for installation
and operation at the French high performance computing (HPC) centre CINES
(National Computing Center for Higher Education). The supercomputer was
procured by GENCI, a national French agency which invests and provides HPC
resources to support France’s academic and industrial research communities.
Called "Adastra," the supercomputer will combine “significantly
advanced capabilities in modeling, simulation, AI, machine learning and
analytics,” and “will help scientists and researchers harness insights faster,
with more accuracy, to advance research targeting key focus areas.” Justin
Hotard, senior vice president and general manager, HPC and AI, at HPE, said:
"We
are honored to have been selected by GENCI, which empowers some of the world’s
leading research centers, to deliver advanced high performance computing (HPC)
and AI solutions using exascale-era technologies in support of propelling
France’s R&D efforts. The design of the Adastra supercomputer is a result
of a close collaboration between GENCI, CINES, HPE and AMD to deliver a
specialized, high-performing system to harness larger data sets, including
optimizing AI and machine learning needs, to accelerate discovery and
innovation at a faster rate."
Global
AI Market to Reach $641.3B by 2028
A report published by Verified Market Research finds that the global
market for Artificial Intelligence is projected to grow from $51.08 billion in
2020 to $641.3 billion by 2028 with a compound annual growth rate (CAGR) of
36.1 percent in the forecast period 2021-2028. The following excerpt from the
report’s description outlines factors influencing the market’s growth:
The growing applications and easy deployment modes have
dragged the governments’ attention toward AI technology, which led to the
growing investments by governments in AI and its related technologies.
Furthermore, progress in the profound learning and Artificial Neural Networks
(ANN) has also fueled the adoption of Artificial intelligence (AI) in several
industries, such as aerospace, healthcare, manufacturing, and automotive. Also,
growth in the demand for analyzing and interpreting large amounts of data is
boosting the demand for artificial intelligence industry solutions.
Sam Mowers, Investorideas.com
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