#AIEye
#Podcast 694: #Stocks discussed: (ASX:BRN) (TSXV: $NXO.V) #artificialintelligence
BrainChip
Announces AI Enablement Program, and NexOptic’s ALIIS AI Selected by Semicon
Networks for Auto-Pilot Systems
Global
#AI in #MedicalImaging Market to Reach $20.11B by 2031
Vancouver, Kelowna, Delta, BC – May 13, 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/2022/051322-AI-Eye.mp3
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this in full at https://www.investorideas.com/news/2022/artificial-intelligence/05131BRN-NXO.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (ASX:BRN) (TSXV:NXO)
BrainChip Holdings Ltd. (ASX:BRN) has announced a three-tier AI Enablement Program
to support customers seeking to deploy edge AI/ML to improve and differentiate
their products. According to the press release, the Program “delivers working
prototypes that demonstrate on-chip, in device AI inference and learning,”
providing “turn-key support, from collaborative identification of device AI use
cases to sensor and model integration, running on Akida hardware.” Sean Hehir,
BrainChip’s CEO, said:
"BrainChip's
AI Enablement Program ensures a simple, singular path to excellence in
deploying edge AI/ML so our customers can overcome barriers and accelerate time
to market. The program's three distinct options for design, development and
support levels meet the needs of organizations developing next-generation products,
from prototype to production."
NexOptic Technology Corp. (TSXV:NXO) has announced that its ALIIS AI has been selected
by Semicon Networks of South Korea to bring safer vision solutions to
automotive auto-pilot systems. ALIIS is described in the press release as “a
machine-learning AI suite providing significant instant energy savings,
advanced data compression and enhancements to images and videos everywhere from
the edge to the cloud.” Richard Geruson, Chairman of NexOptic, said:
“Auto-pilot
technologies bring exciting opportunities for AI companies like NexOptic. AI
based object recognition is a critical component of these systems, and being
able to perform effectively at night, in inclement weather conditions and in
other challenging environments will be key to any company wanting to succeed in
this rapidly evolving industry.”
Global
AI in Medical Imaging Market to Reach $20.11B by 2031
A report published by Transparency Market Research finds that the
global AI in Medical Imaging market is projected to reach $20.11 billion USD by
2031, registering a compound annual growth rate (CAGR) of 36.1 percent in the
forecast period 2021-31. The following excerpt from the report’s summary
outlines the ways in which AI is being leveraged in the market:
The
application of artificial intelligence (AI) in medical imaging is one of the
most promising areas of health and medical innovation. Certainly, AI finds
various applications in medical imaging such as image acquisition, processing
to aided reporting, follow-up planning, data storage, data mining, and others.
In recent years, AI has shown remarkable precision and sensitivity in the
classification of imaging abnormalities and ensures to improve tissue-based
detection and characterization.
Sam Mowers, Investorideas.com
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