#AIEye
#Podcast 688: #Stocks discussed: (NYSE: $HPE) (NYSE: $CRL) #artificialintelligence
HPE
Announces Launch of Swarm Learning AI Solution, and Charles River Labs Launches
AI-Powered Drug Solution Logica with Valo Health
Global
#AI in #Manufacturing Market to Reach $16.3B by 2027
Vancouver, Kelowna, Delta, BC – April 27, 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/2022/042722-AI-Eye.mp3
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:HPE) (NYSE:CRL)
Hewlett Packard Enterprise Company (NYSE:HPE) has announced the launch of HPE Swarm Learning,
described in the press release as “a breakthrough AI solution to accelerate
insights at the edge, from diagnosing diseases to detecting credit card fraud,
by sharing and unifying AI model learnings without compromising data privacy.”
Justin Hotard, executive vice president and general manager, HPC & AI, at
HPE, said:
"Swarm
learning is a new, powerful approach to AI that has already made progress in
addressing global challenges such as advancing patient healthcare and improving
anomaly detection that aid efforts in fraud detection and predictive
maintenance. HPE is contributing to the swarm learning movement in a meaningful
way by delivering an enterprise-class solution that uniquely enables
organizations to collaborate, innovate, and accelerate the power of AI models,
while preserving each organization’s ethics, data privacy, and governance
standards."
Charles River Laboratories International, Inc. (NYSE:CRL) and Valo Health, Inc. have launched Logica, described as “an artificial
intelligence (AI) powered drug solution that directly translates clients’
biological insights into optimized preclinical assets.” Logica works by
incorporating Valo’s AI-powered Opal Computational Platform and Charles River’s
“leading preclinical expertise, providing clients with transformed drug
discovery with a single integrated offering seamlessly translating targets to
candidate nomination.” Birgit Girshick, Corporate EVP & COO, Charles River,
said:
"Through
our partnership with Valo, we’re integrating Charles River’s laboratory
capabilities with industry-altering AI-driven molecular design to provide our
clients with highly advanceable leads and candidates, while tying client costs
to value generation. AI-powered solutions are driving drug discovery forward
and this is the kind of innovation our industry needs to ultimately bring
effective treatments to patients faster."
Global
AI in Manufacturing Market to Reach $16.3B by 2027
Research published by ReportLinker finds that the global AI in
Manufacturing is projected to grow from $2.3 billion USD in 2022 to $16.3
billion by 2027, registering a compound annual growth rate (CAGR) of 47.9
percent in the forecast period 2022-2027. An excerpt from the report’s summary
outlines some key influences on the market’s growth:
The
growing demand of factors such as improving computing power of AI chipsets is
expected to grow the market at an estimated rate. Increasing adoption of AI has
been observed as a new driver for semiconductor chipset manufacturers in the
past few years. GPU/CPU manufacturers, such as NVIDIA, AMD, Intel, Qualcomm,
Huawei, and Samsung, have significantly invested in AI hardware for the
development of chipsets that are compatible with AI-based technologies and
solutions.
Sam Mowers, Investorideas.com
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