#AIEye
#Podcast 660: #Stocks discussed: (NYSE: $IBM) (NasdaqGS: $INTC) #artificialintelligence
IBM
Announces Hybrid Cloud Developments, and Intel’s Mobileye Announces
Collaboration with Benteler and Beep for Autonomous Movers
Global
#AI in Computer Vision Market to Reach $73.7B by 2027
Vancouver, Kelowna, Delta, BC – February 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/2022/021422-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/02141IBM-INTC.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:IBM) (NasdaqGS:INTC)
IBM (NYSE:IBM) has announced “key developments to help clients
accelerate transformation with a series of new capabilities designed to
modernize applications across hybrid cloud environments.” According to the
press release, this will include delivering “IBM Z as-a-service on IBM Cloud
for development and test, as well as additional tools for developing hybrid
applications.” Tarun Chopra, Vice President, IBM Z Hybrid Cloud, said:
"Today's
IBM is focused on helping our clients across every industry apply hybrid cloud
and AI to transform the way their businesses work. IBM recognizes that there is
no one-size-fits-all approach to modernization. By leveraging both IBM Z and
IBM Cloud, clients can benefit from a hybrid cloud approach that allows them to
capitalize on the innovations, technical advancements, security, and resiliency
of each platform. With hybrid cloud, you keep your workloads where they need to
be—in the cloud, on premises, and at the edge—to help reduce risk and improve time
to market."
Benteler EV Systems, Beep Inc., and Mobileye, a
subsidiary of Intel Corporation (NasdaqGS:INTC), have announced a “strategic collaboration to
develop and deploy automotive-grade, fully electric, autonomous movers in
public and private communities across North America.” This will allow for the
development and deployment of a fully autonomous (SAE Level 4) electric mover
for the U.S., powered by Mobileye’s self-driving system, Mobileye Drive. Johann
Jungwirth, vice president of Mobility-as-a-Service at Mobileye, said:
"The
full benefits of autonomy can only be reached with scale. Working with Beep and
Benteler, Mobileye aims to mass-produce first- and last-mile self-driving
mobility solutions that will enable the convenient, accessible and safe
movement of people across North America.”
Global
AI in Computer Vision Market to Reach $73.7B by 2027
A report published by Research and Markets finds that the global AI
in Computer Vision market will reach $73.7 billion by 2027, growing at a by
unit volume expansion of 37.8 percent compound annual growth rate (CAGR) from
2022-27. An excerpt from the report’s description outlines the market:
AI
represents the ability to organize information and create outcomes in learning,
decision-making, and problem-solving using a computer-enabled robotic system in
the same way a human brain does. The integration of AI and computer vision
systems enhance the accuracy of object identification, classification, and
analysis of information.
Through
leveraging AI, computer vision systems provide a robotic system in which vision
sensing capabilities provide information about the environment. One of the best
examples of this in practice is autonomous vehicles, which rely on computer
vision and AI-based decision making for safe travel.
Sam Mowers, Investorideas.com
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