#AIEye #Podcast
738: #Stocks discussed: (NasdaqGS: $NVDA) (NasdaqGS: $MSFT) (TSX: $CTC.TO)
(NYSE: $JNPR) #artificialintelligence
NVIDIA
Collaborating with Microsoft on AI Supercomputer, and Canadian Tire Selects
Juniper’s AI for IT Infrastructure
Global #CallCenter #AI
Market to Reach $7.55B by 2030
Vancouver,
Kelowna, Delta, BC – November 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/2022/111822-AI-Eye.mp3
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at https://www.investorideas.com/news/2022/artificial-intelligence/11181NVDA-MSFT-CTC-JNPR.asp
Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Stocks discussed:
(NasdaqGS:NVDA) (NasdaqGS:MSFT) (TSX:CTC) (NYSE:JNPR)
NVIDIA
Corporation (NasdaqGS:NVDA) has announced a multi-year collaboration with
Microsoft (NasdaqGS:MSFT) to “build one of the most
powerful AI supercomputers in the world, powered by Microsoft Azure’s advanced
supercomputing infrastructure combined with NVIDIA GPUs, networking and full
stack of AI software to help enterprises train, deploy and scale AI, including
large, state-of-the-art models.” Manuvir Das, vice president of enterprise
computing at NVIDIA, explained:
“AI technology
advances as well as industry adoption are accelerating. The breakthrough of
foundation models has triggered a tidal wave of research, fostered new startups
and enabled new enterprise applications. Our collaboration with Microsoft will
provide researchers and companies with state-of-the-art AI infrastructure and
software to capitalize on the transformative power of AI.”
Canadian
Tire Corporation (CTC) (TSX:CTC) has selected a full-stack AI-driven enterprise
solution from Juniper Networks, Inc. (NYSE:JNPR) to modernize its IT infrastructure.
Rex Lee, Chief Information and Technology Officer at Canadian Tire Corporation,
said:
"Juniper’s
platform will help CTC enable innovative and personalized experiences for every
customer, no matter how they choose to shop, helping to drive our Better
Connected strategy. By employing Juniper’s AI-driven full-stack solution, we
will make numerous enhancements, accelerating our omnichannel strategies,
removing complexity and offering intelligent insights to better engage with our
customers."
Global Call Center
AI Market to Reach $7.55B by 2030
A
report published by Data Bridge Market Research finds that the
global market for Call Center AI is projected to grow from $2.29 billion USD in
2022 to $7.55 billion by 2030, registering a compound annual growth rate (CAGR)
of 15.7 percent in the forecast period 2023-30. The following excerpt from the
report’s description outlines the positive influence of the COVID-19 pandemic
on the market’s growth:
The outbreak of
COVID-19 had a positive impact on the call center artificial intelligence (AI) market. The overall call volume to
call centers rose considerably during the pandemic. According to the report,
call center artificial intelligence (AI)
witnessed over 300% more calls than usual during the initial stages of the
pandemic. IBM Watson Assistant witnessed growth over 60% in monthly active
consumers from January to December 2020. This led industries in investing in
software to improve the efficiency of redundant tasks and automate processes.
Sam Mowers,
Investorideas.com
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