#AIEye
#Podcast 696: #Stocks discussed: (NYSE: $HPE) (NasdaqGM: $VERI)
#artificialintelligence
HPE Building Factory for HPC and AI in Czech Republic,
and Veritone Announces Navigate
Global
#DeepLearning Market to Reach $80.76B by 2028
Vancouver, Kelowna, Delta, BC – May 18, 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/2022/051822-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/05181HPE-VERI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and
advancements in artificial intelligence
Stocks
discussed: (NYSE:HPE) (NasdaqGM:VERI)
Hewlett Packard Enterprise Company (NYSE:HPE) has announced plans to build a factory in Kutná
Hora, Czech Republic for next-generation high performance computing (HPC) and
artificial intelligence (AI) systems to accelerate delivery to customers and
strengthen the region’s supplier ecosystem. Justin Hotard, executive vice
president and general manager, HPC & AI, at HPE, explained:
"When
European organizations adopt next-generation supercomputing, they gain a
powerful foundation to seize opportunities of exponential data growth to
accelerate scientific discovery, strengthen digital sovereignty and unlock
innovations to deliver greater economic value. HPE is committed to continue
supporting Europe in this endeavor and our new HPC factory in Kutná Hora, Czech
Republic, is another significant investment, among our other R&D
initiatives, that we have made in Europe. We are now able to manufacture the
industry’s leading supercomputing, HPC, and AI systems, while increasing supply
chain viability and resiliency."
Veritone, Inc. (NasdaqGM:VERI) has announced Navigate, described as “a new
application custom designed for Veritone One – the company’s full-service
performance-based audio and influencer advertising agency. Navigate is built on
aiWARE, Veritone’s hyper-expansive enterprise AI platform, leverages AI and
machine learning, and “automates analysis and empowers transparency to the
impact of influencer and media placement.” Veritone One’s Senior VP Conor Doyle
said:
"We
are excited to leverage Navigate for our customers at a time when
share-of-voice depends as much on actionable insights combined with great
campaign ideas. Navigate allows our agency strategists and planners to surface
insights across all areas of the historically fragmented influencer buying
cycle. This real-time aggregated intelligence from planning to execution and
eventually optimization ensures we are hyper-servicing our brands in order to
match them with the right influencer at the right time, which is a positive for
our clients as well as the influencer community."
Global
Deep Learning Market to Reach $80.76B by 2028
A report published by Zion Market Research finds that the global
market for Deep Learning is projected to grow from around $11.54 billion USD in
2021 to $80.76 billion by 2028, registering a compound annual growth rate
(CAGR) of 38.3 percent in the forecast period 2022-28. An excerpt from the
report’s description outlines some key trends impacting the market’s growth in
the forecast period:
Deep
Learning is used across domains and has shown high demand in the recent past.
The key drivers that have led to the growth of this market are improving
computational power, decreasing hardware cost, and increasing adoption of
cloud-based technology. These drivers add to the growth for speech recognition
software, automotive vehicles and language translation services and receive
comprehensive applications across the retail, healthcare, automotive,
agricultural, security and manufacturing industries.
Sam Mowers, Investorideas.com
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hear other editions of the AI Eye
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artificial intelligence stocks on Investorideas.com visit
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