#AIEye
#Podcast 648: #Stocks discussed: (NasdaqGS: $MSFT) (NasdaqCM: $POAI) #ArtficialIntelligence
Microsoft
Forms AI Industry Innovation Coalition with US Companies and Organizations, and
Predictive Oncology Reports Results from AI Cancer Drug Program
Global
#Mobile #AI market to Reach $22.08B by 2026
Point Roberts WA, Vancouver BC – January 14, 2022 – 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/2022/011422-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/01141MSFT-POAI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NasdaqCM:POAI)
Yesterday it was announced that Microsoft (NasdaqGS:MSFT), along with several leading
public, private, educational and research organizations across the U.S.
healthcare and life sciences industries (the Brookings Institution, Cleveland
Clinic, Duke Health, Intermountain Healthcare, and more) had formed the
Artificial Intelligence Industry Innovation Coalition (AI3C). The aim of the
coalition is to maximize “technology to provide recommendations, tooling and
best practices for AI in healthcare.” Patty Obermaier, vice president, US
Health and Life Sciences, Microsoft, said:
"The
goal of the newly created AI3C is to establish a pragmatic coalition with
public and private organizations to advance health by identifying and
addressing significant societal and industry barriers. I am excited about the
launch of AI3C and working with its distinguished board as we continue the
momentum toward serving the needs of patients and communities through AI
innovation."
Predictive Oncology Inc. (NasdaqCM:POAI) has reported the preliminary results of its
Discovery 2021 program. The program combines proprietary knowledgebase, the AI
Machine Learning Program and the TruTumor platform from its subsidiary,
Helomics, to create the drug discovery approach PeDAL (Patient-centric
Discovery by Active Learning). J. Melville Engle, CEO, Chairman of Predictive
Oncology Inc., explained:
“PeDAL
leads to a better selection of drugs, matching the different cancer types to
the patients associated with those cancers and potential treatments, improving
the scientific and clinical success of drug development. This also translates
to millions of dollars in reduced development costs for our future partners.
PeDAL can now deliver a proven system that efficiently drives drug response
experiments and pulls patient-centric data into the discovery process.”
Global
Mobile AI market to Reach $22.08B by 2026
A report published by Research and Markets finds that the global
Mobile Artificial Intelligence market will grow from about $7.2 billion USD in
2021 to $22.08 billion by 2026, registering a compound annual growth rate
(CAGR) of 25.12 percent in the forecast period. The following excerpt from the
report’s description outlines some key influences on the market’s growth:
Factors
such as growing demands for artificial intelligence (AI) in smartphones, rising
need for AI-capable processors, and rising investment in AI technologies fuel
the growth of the mobile artificial intelligence (AI) market. Artificial
intelligence technology is widely employed in various ground-breaking
applications in manufacturing, automotive, and video games. AI technology is
now used in the smartphone business, and it extends well beyond applications
such as digital assistants. Several smartphone makers are striving to create AI
capabilities that meet the expectations of their customers. For the worldwide
mobile artificial intelligence (AI) industry, more investment in inexpensive AI
processors and R&D dedicated to camera applications is an opportunity.
The
high cost of artificial processors, on the other hand, is a key stumbling block
to the worldwide mobile artificial intelligence (AI) market's development.
Sam Mowers, Investorideas.com
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