#AIEye
#Podcast 659: #Stocks discussed: (NYSE: $IBM) (NasdaqGS: $FLNC) (NYSE: $AES) #artificialintelligence
IBM
Launching AI-Based Assistant for TD Precious Metals Digital Store, and Fluence
Energy Announces Agreement with AES Corporation
Global
#AI in #Genomics Market to Reach $5.72B in 2027
Vancouver, Kelowna, Delta, BC – February 11, 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/2022/021122-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/02111IBM-FLNC-AES.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:IBM) (NasdaqGS:FLNC) (NYSE:AES)
IBM (NYSE:IBM) has announced the launch, in collaboration with TD Securities,
of an AI-based virtual assistant powered by IBM Watson Assistant that can help
customers with inquiries on the TD Precious Metals digital store, including
frequently asked questions. Daniel Cascone, Financial Services Sector Leader
for IBM Canada, said:
"With
rapid acceleration of digital transformation, businesses need to enhance their
services using AI-powered intelligent workflows. The use of AI to automate
tasks can drive greater efficiency and strengthen customer relationships. We
are working with TD Securities to enrich overall customer experience with the
power of innovative technology like conversational AI through the IBM Watson-powered
AI virtual assistant."
Fluence Energy Inc. (NasdaqGS:FLNC) has announced an agreement with The AES
Corporation (NYSE:AES) in which it will use the AI-powered
Fluence IQ Bidding Application “to maximize the value of a 1.1 GW portfolio of
solar and energy storage projects in the Western United States,” in a deal
representing “one of the largest single procurements of AI-powered bidding
software for renewables and storage assets by an independent power producer in
the United States.” Seyed Madaeni, Fluence SVP and Chief Digital Officer,
commented:
“We
are proud to support AES in maximizing the value of their clean energy assets
with our automated bidding software. Storage, solar, and wind owners and
operators around the world trust Fluence IQ to manage the complexities of
electricity market participation. Today our software supports over 6 GW of
contracted or operating assets globally. Our software-as-a-service model
enables us to rapidly integrate with customers’ assets, scale across
geographies and technology types, and ensure superior performance as markets
change.”
Global
AI in Genomics Market to Reach $5.72B in 2027
A report published by Research and Markets finds that the global AI
in Genomics market will grow from $535 million USD in 2021 to $5.72 billion in
2027, registering a compound annual growth rate (CAGR) of 48.44 percent in the
forecast period 2022-27. An excerpt from the report’s description reads:
Artificial
intelligence in drug discovery can make its development speedier and less
hazardous which in turn is making it easy for clinicians to understand
complicated diseases at the genetic level. The emergence of new and favorable
applications for disease diagnosis and monitoring is expected to further drive
the AI in genomics market growth. Several genomic-focused companies have shown
favorable returns.
Sam Mowers, Investorideas.com
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