#AIEye
#Podcast 721: #Stocks discussed: (NYSE: $INFY) (OTC: $AIAD) #artificialintelligence
Infosys
Announces Five-Year Agreement with Spirit AeroSystems, and AiAdvertising to
Rebrand with Focus on AI-Driven Campaign Performance Platform
Global
#AI #Robots Market to Reach $54.3B by 2030
Vancouver, Kelowna, Delta, BC – September 7, 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.
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:INFY) (OTC:AIAD)
Infosys Limited (NYSE:INFY) has announced a five-year agreement with
aerostructure manufacturer Spirit AeroSystems, Inc. This will see the two firms
collaborate to “provide aerostructure and systems engineering services for
product development of commercial, business jet and emerging aircraft programs,
and Maintenance, Repair and Overhaul (MRO) services.” Jasmeet Singh, Executive
Vice President and Global Head of Manufacturing, Infosys, said:
"Now
more than ever, aerospace and defense organizations need to rapidly reinvent
their digital foundation. We are thrilled to deepen our strategic collaboration
with Spirit AeroSystems and accelerate their digital transformation, by pushing
the envelope in design and product engineering. With our investments in
aerostructure engineering and next-gen technologies like artificial
intelligence and cloud, we are confident of delivering compelling value to
Spirit and take our collaboration to newer heights."
AdTech firm AiAdvertising, Inc. (OTC:AIAD) has announced a rebranding effort to focus on its
Campaign Performance Platform (CPP). The CPP is described as “the industry’s
first cloud-hosted ad management solution that leverages AI and connects
marketing investments to sales revenue.” Jerry Hug, the company’s CEO, said:
"Today’s
rebrand emphasizes the strength of our innovative brand in the advertising
technology industry. Our new website will give us an enhanced online marketing
presence that highlights our AI-powered platform for customers and investors.
This new branding and evolving positioning perfectly illustrates our growing
ambition, and this initiative will help us to continue to scale.”
Global
AI Robots Market to Reach $54.3B by 2030
A report published by Precedence Research finds that the global AI
Robots market is projected to grow from $9.2 billion USD in 2021 to $54.3
billion by 2030, registering a compound annual growth rate (CAGR) of 21.81
percent in the forecast period 2022-30. The following excerpt from the report’s
description outlines some trends influencing the market’s growth:
The
fast change in robot abilities driven by inventions in machine learning,
adaptive computing, Artificial Intelligence, and vision systems is advancing
the market. …[For instance,] smart appliances can execute intellectual
responsibilities in surroundings close or parallel to what a human can do.
Applying robotics technology and integrating robotic technology with industrial
methods has allowed business establishments to dedicate more devotion to a
variety of challenging ventures.
Sam Mowers, Investorideas.com
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