#AIEye
#Podcast 629: #Stocks discussed: (ASX:BRN) (TSE:6875) (TSX: $MAW.TO); #artificialintelligence
BrainChip
Holdings Partners with MegaChips, and Mawson Gold Employs AI for Drill Targets
Global
Edge #AI #Software Market to Reach $8.04B by 2027
Point Roberts WA, Vancouver BC – November 22, 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/2021/112221-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/11221BRN-MAW.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (ASX:BRN) (TSE:6875) (TSX:MAW)
BrainChip Holdings Ltd. (ASX:BRN) has announced a partnership with MegaChips
Corporation (TSE:6875), wherein the latter has licensed
BrainChip Akida IP to enhance and grow its technology positioning for next-generation,
Edge-based AI solutions. Rob Telson, BrainChip’s VP of Worldwide Sales and
Marketing, explained:
"The
MegaChips and BrainChip partnership furthers both company’s missions to push
boundaries and offer unprecedented products. By providing Akida’s on-chip
learning and ultra-low power Edge AI capabilities as an integrated technology
in MegaChips’ ASIC solutions, we are able to deliver a cascading array of
benefits to cutting-edge products that not only ensure power efficiency without
compromising outcomes but can run autonomously for incremental learning without
the need to go back and forth to the cloud. This is an exciting collaboration
from both a business perspective as well as from an industry-altering
aspect."
Mawson Gold Ltd. (TSX:MAW) has announced the results of New Exploration
Technologies (NEXT) advanced Artificial Intelligence (AI) work in developing
drill targets at the company’s 100 percent-owned Rajapalot project in Finland.
Ivan Fairhall, the company’s CEO, said:
"Each
time we revisit the data outside our million-ounce equivalent inferred resource
area, we are reminded of the high prospectivity of our large landholding. The
NEXT AI analysis is a powerful prospecting tool which has helped uncover and
confirm complex correlations that drive our mineralized system, and is
something that can be deployed permit-wide. Like the base of till, no single
prospecting filter tells us where to drill, but combined we have built a
pipeline of targets across our tenement package that we will systematically
refine and prioritize as drill targets in the upcoming and future drill
seasons. “
Global
Edge AI Software Market to Reach $8.04B by 2027
A report published by Astute Analytica finds that the global Edge AI
Software market will grow to $8.04 billion USD by 2027, registering a compound
annual growth rate (CAGR) of 29.8 percent in the forecast period 2021-2027. An
excerpt from the report’s summary reads:
The
market went through many breakthrough advancements that helped against the
covid crisis. Due to the lockdown and mobility restrictions in various global
supply chains were disrupted in the manufacturing and export/import sector.
This had a negative impact on the growth of the Edge AI market as most of the
industrial units and business firms were shut down. But manufacturing giants
have absorbed the shocks and built strong responses toward business growth with
the use of sensors and the Internet of Things (IoT), real-time visibility into supply chains.
Sam Mowers, Investorideas.com
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