#AIEye
#Podcast 669: #Stocks discussed: (NYSE: $AI) (NasdaqGM: $VERI) #artificialintelligence
C3
AI Suite Secures FedRAMP Designation, and Veritone Delivers Synthetic Voice
Clone Financial Results Call
Global
#AI in #DrugDiscovery to Reach $5.55B by 2029
Vancouver, Kelowna, Delta, BC – March 10, 2022 – 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/2022/031022-AI-Eye.mp3
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this in full at https://www.investorideas.com/news/2022/artificial-intelligence/03101AI-VERI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:AI) (NasdaqGM:VERI)
C3.ai, Inc. (NYSE:AI) has announced that the C3 AI Suite has been designated
FedRAMP Ready by the U.S. Government Federal Risk and Authorization Management
Program (FedRAMP). This designation renders it “easier and faster for
government agencies to approve and implement the C3 AI Suite,” according to the
press release. Scott Chapman, CEO of Project Hosts, a company which partners
with the C3 AI Suite, said:
"As
machine learning and AI drives innovation and change in the federal sector,
partnerships with industry leaders like C3 AI are critical. This partnership
builds upon C3 AI and Project Hosts foundations to create a FedRAMP AI solution
meeting the highest security requirements required for this space."
Veritone, Inc. (NasdaqGM:VERI) has delivered the world’s first use of
multilingual synthetic voice clones for a financial results call, in having the
audio script for the company’s fourth quarter and full year 2021 financial
results call feature “digitally cloned voices of Chief Executive Officer Chad
Steelberg, President Ryan Steelberg, Chief Financial Officer Mike Zemetra and
very special guest digital twin of the legendary sports announcer Vin Scully.”
Zemetra explained:
"Getting
earnings data out into the market is incredibly important and often stressful
as we scrutinize every detail in our script and filings. When using synthetic
voice for our financial results call, my first concern was what if there are
last minute changes or corrections? I discovered that Veritone Voice takes just
a few minutes with updates, and it also enhances non-verbal aspects of speech
such as pitch, volume, speed of delivery, rhythm and intonation – making my
synthetic voice the closest version of my own voice."
Global
AI in Drug Discovery to Reach $5.55B by 2029
A report published by Research and Markets finds that the global AI
in Drug Discovery market is projected to grow from $626.6 million USD in 2022
to $5.55 billion by 2029, registering a compound annual growth rate (CAGR) of
36.6 percent in the forecast period. An excerpt from the report’s description
outlines some of the key applications of AI in the market:
Artificial
Intelligence (AI) uses complex algorithms and machine learning to acquire
significant information from huge datasets. For instance, AI uses RNA
sequencing data to recognize genes whose expression correlates with a given
cellular condition. It employs the most recent advancements in biology to
create cutting-edge medicine discovery algorithms. The increase in computer
processing power, the development of advanced algorithms, and the availability
of large datasets are the main drivers that led to the developments in machine
learning.
Sam Mowers, Investorideas.com
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