#AIEye
#Podcast 639: #Stocks discussed: (NYSE: $CLVT) (NYSE: $STEM) #artificialintelligence
Clarivate
and KAIST Publish Report on AI Innovation, and Stem Enters Agreement to Acquire
Also Energy Holdings
Global
#AI in #Construction Market to Reach $2.325B by 2026
Point Roberts WA, Vancouver BC – December 20, 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/2021/122021-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/12201CLVT-STEM.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:CLVT) (NYSE:STEM)
Clarivate (NYSE:CLVT) and the KAIST Innovation Strategy
and Policy Institute (ISPI) have launched a report in Korea on the global innovation
landscape of artificial intelligence. An excerpt from the press release
contrasts AI innovation in different regions:
The
U.S., the U.K., and Canada have a relatively high proportion of inventions in
robotics and autonomous control, whereas in Mainland China and South Korea,
machine learning and neural networks are making progress. Each country/region
produces high-quality inventions in their predominant AI fields, while the U.S.
has produced high-impact inventions in almost all AI fields.
Won-joon Kim, the Director of the ISPI, said:
"The
driving forces in building a sustainable AI innovation ecosystem are important
national strategies. A country's future AI capabilities will be determined by
how quickly and robustly it develops its own AI ecosystem and how well it
transforms the existing industry with AI technologies. Countries that build a
successful AI ecosystem have the potential to accelerate growth while absorbing
the AI capabilities of other countries. AI talents are already moving to
countries with excellent AI ecosystems.”
Stem, Inc. (NYSE:STEM) has entered into a definitive agreement to acquire
solar asset management software firm Also Energy Holdings, Inc. Stem’s CEO,
John Carrington, said:
"Through
this immediately accretive transaction, a combined Stem and AlsoEnergy will
bring the unique software, controls, and analytics capability to accelerate the
energy transition to a renewable, decarbonized future. As the battery storage
and solar industries continue to experience tremendous global growth,
developers, asset owners, and utilities will increasingly look to our combined
software capabilities to provide a unified platform for energy intelligence
that improves project performance. The combined company will deliver an
AI-driven software offering that we expect will simplify our customers’ asset
management, boost their project returns, and accelerate our own growth
trajectory. Importantly, this acquisition is expected to be immediately
accretive to both gross margin and EBITDA before realizing any commercial
synergies, which we believe are significant and compelling. This acquisition
underscores our focus on expanding Stem’s global reach and delivering high
margin, market-leading software products to our customers."
Global
AI in Construction Market to Reach $2.325B by 2026
A report published by Research Dive finds that the global AI in
Construction market will grow from $408.1 million in 2018 to over $2.325
billion by 2026, with a compound annual growth rate (CAGR) of 24.1 percent in
the forecast period 2019-2026. An excerpt from the report overview reads:
The
cost efficiency and the availability of advanced artificial intelligence
products are expected to drive the AI in
construction market. Many large companies hire the experts going over
budget and spend a lot of time hiring the professionals for their project team.
With the help of artificial neural networks, the professionals calculate the
overhead cost, where they predict the total cost of the project based on the
historical data with accurate information which saves a lot of money and time
for the company. Many companies have implemented the use of robots, drones and
many other automated vehicles which gives them the aerial view of the
construction site, mapping and surveying, which helps them to automate the
construction site which increases the work efficiency of the workforce.
Sam Mowers, Investorideas.com
Read and
hear other editions of the AI Eye
For a list of
artificial intelligence stocks on Investorideas.com visit
here
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash and others.
About Investorideas.com - News that
Inspires Big Investing Ideas
Investorideas.com
publishes breaking stock news, third party stock research, guest posts and
original articles and podcasts in leading stock sectors. Learn about investing in stocks and get
investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water,
renewable energy, gaming and more. Investor Idea’s original branded content
includes podcasts and columns : Crypto Corner , Play
by Play sports and stock news , Investor Ideas Potcasts
Cannabis News and Stocks on the Move podcast ,
Cleantech
and Climate Change , Exploring
Mining , Betting
on Gaming Stocks Podcast and
the AI
Eye Podcast.
The
Investorideas.com podcasts are also available on Apple Podcasts , Audible , Spotify, Tunein, Stitcher,
Spreaker.com, iHeartRadio, Google Podcasts
and most audio platforms available.
Visit the Podcast
page at Investorideas.com:
https://www.investorideas.com/Audio/
Disclaimer/Disclosure: Investorideas.com is a digital publisher of
third party sourced news, articles and equity research as well as creates
original content, including video, interviews and articles. Original content
created by investorideas is protected by copyright laws other than syndication
rights. Our site does not make recommendations for purchases or sale of stocks,
services or products. Nothing on our sites should be construed as an offer or
solicitation to buy or sell products or securities. All investing involves risk
and possible losses. This site is currently compensated for news publication
and distribution, social media and marketing, content creation and more.
Disclosure is posted for each compensated news release, content published
/created if required but otherwise the news was not compensated for and was
published for the sole interest of our readers and followers. Contact
management and IR of each company directly regarding specific questions. More
disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about
publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com Global investors
must adhere to regulations of each country. Please read Investorideas.com
privacy policy: https://www.investorideas.com/About/Private_Policy.asp
The AI Eye-
Watching stock news, deal tracker and advancements in artificial
intelligence is an original content brand of Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile
App for iPhone and
Android
Join our Investor Club https://www.investorideas.com/membership/
Contact
Investorideas.com
800 665 0411
Get more Technology stock investor
ideas - news, articles, podcasts and stock directories
No comments:
Post a Comment