#AIEye
#Podcast 705: #Stocks discussed: (NasdaqGM: $LNTH) (NasdaqGM: $VERI) #artificialintelligence
Lantheus
Announces Study Results for its PYLARIFY AI, and Veritone to Sponsor Snowflake
Summit 2022
Global
AI Market to Reach $1.58T by 2030
Vancouver, Kelowna, Delta, BC – June 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/2022/061322-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: (NasdaqGM:LNTH) (NasdaqGM:VERI)
Lantheus Holdings, Inc. (NasdaqGM:LNTH) has announced
study results regarding the PYLARIFY AI – its FDA-cleared artificial
intelligence (AI) platform developed to assist in standardized quantification
of PSMA PET/CT scans. According to the press release, the results “demonstrated
the higher efficiency and consistency of the PYLARIFY AI platform while
maintaining the diagnostic accuracy of PSMA imaging in prostate cancer.”
Jean-Claude Provost, Interim Chief Medical Officer, Lantheus, said:
“Lantheus
is leading the way in harnessing the power of AI and machine learning
technologies, together with our game-changing PSMA-targeted PET imaging agent
PYLARIFY, to potentially transform the way that clinicians manage and treat
prostate cancer. Previous studies have shown how this technology can have utility
as a complementary diagnostic tool, and with these results we continue to
demonstrate PYLARIFY AI’s reliability, its ability to improve workflow and how
it can be applied to our mission to Find, Fight and Follow prostate cancer to
improve patient outcomes.”
Veritone, Inc. (NasdaqGM:VERI) has announced its sponsorship
of the Snowflake Summit 2022, described as a flagship event running June 13 to
16 in Las Vegas that focuses on the "World of Data Collaboration."”
Greg Loose, Veritone’s aiWARE COO, commented:
"As
a key technology partner of Snowflake, we are proud to sponsor this premier
event. With Veritone’s aiWARE and the Snowflake Data Cloud, Snowflake customers
are leveraging AI-powered analytics to tap into hard-to-reach, unstructured
data sources such as video, images, audio, and text. The event not only
underscores these benefits but also gives attendees access to hundreds of
technical, data and business experts about what is possible and next for
enterprises in the data cloud."
Global
AI Market to Reach $1.58T by 2030
Research published by Valuates Reports finds that the global Artificial Intelligence market is projected
to grow from $65.48 billion in 2020 to $1.58 trillion by 2030, registering a
compound annual growth rate (CAGR) of 38 percent from 2021-30. An excerpt from
the report summary outlines the significance of AI in Automotive as a market
driver:
Artificial
intelligence has a wide range of applications in the automotive industry. AI is
currently being used in the automotive industry, in areas such as design,
supply chain, production, and post-production. Furthermore, AI is being used in
'driving assistance' and 'driver risk assessment' systems, which is
revolutionizing the transportation industry. Artificial intelligence is also
revolutionizing aftermarket services such as predictive maintenance and insurance.
Thus, the increasing adoption in the automotive industry is expected to drive
the growth of the Artificial intelligence market.
Sam Mowers, Investorideas.com
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