#AIEye
#Podcast 690: #Stocks discussed: (NYSE: $SLB) (NasdaqGM: $VERI) #artificialintelligence
Schlumberger
Expanding AI Innovation Network in Oslo, and Veritone’s Avatar Solution Wins
2022 NAB Award
Global
#AI in #RenewableEnergy Market to Surpass $75.82B by 2030
Vancouver, Kelowna, Delta, BC – May 2, 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/2022/050222-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/05021SLB-VERI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:SLB) (NasdaqGM:VERI)
Schlumberger Limited (NYSE:SLB) has announced an expansion of its AI INNOVATION
FACTORI network in Oslo, Norway. According to the press release, the company’s
customers will be able “to leverage a single, centralized platform to design,
deploy, govern, and manage AI and analytics applications,” through
Schlumberger’s partnership with AI leader Dataiku. Rajeev Sonthalia, president,
Digital & Integration, Schlumberger, said:
"At
INNOVATION FACTORI, customer teams will benefit from an agile, collaborative
development approach with our domain and data science experts to address their
strategic demands, such as drilling automation, digital twins for production
optimization, and carbon capture and storage modeling. Through INNOVATION
FACTORI, customers can turn promising concepts into fully deployed digital
solutions that extract maximum value from data to drive a major leap in
business performance and, in turn, sustainability."
Veritone, Inc. (NasdaqGM:VERI) has announced that its Avatar solution has been
named a 2022 NAB Show Product of the Year Award winner in the Capitalize
category for AI and Machine Learning. According to the press release, Veritone
Avatar “is part of Veritone’s suite of metaverse-ready products and services,”
and works by humanizing “digital experiences for organizations and individuals
in traditional channels or metaverse environments through both its custom, ultra-realistic,
3D avatars and library of existing avatars.” Ryan Steelberg, Veritone’s
President and Co-founder, said:
"Anticipating
the proliferation of mobile streaming, the growing trend of blockchain, NFTs
and metaverse platforms, as well as the lines blurring between gaming and
entertainment, we developed Veritone Avatar to help content creators everywhere
reach beyond conventional limitations."
Global
AI in Renewable Energy Market to Surpass $75.82B by 2030
A report published by Precedence Research finds that the global AI
in Renewable Energy market is projected to grow from $8.24 billion USD in 2021
to more than $75.82 billion by 2030, registering a compound annual growth rate
(CAGR) of 27.9 percent from 2021 to 2030. An excerpt from the report’s
description outlines some major influences on the market’s growth:
One
of the key factors driving the growth of global artificial intelligence (AI) in
renewable energy market is growing demand for electricity in emerging and
established regions. The growing need for smarter energy grids is also driving
the growth and development of artificial intelligence (AI) in renewable energy
in the global market. Another factor that is contributing towards the growing
demand of artificial intelligence (AI) in renewable energy sector is
digitalization of the energy sector.
Artificial
intelligence has helped to identify the bottlenecks of the energy sector. This
factor is opening new opportunities for the growth of global artificial
intelligence (AI) in renewable energy market. Artificial intelligence uses vast
amounts of data and information for analyzing and streamlining processes in the
renewable energy sector. All of these aforementioned factors are driving the
growth of global artificial intelligence (AI) in renewable energy market during
the forecast period.
Sam Mowers, Investorideas.com
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