#AIEye
#Podcast: #AI #Stocks in the News: (NasdaqGS: $INTC) (OTC: $AIAD)
LF
AI & Data Foundation Accepts Intel’s OpenFL Project, and AiAdvertising
Becomes Google Premier Partner
Global
Generative #AIMarket to Reach $126.5B by 2031
Vancouver, Kelowna, Delta, BC – March 10, 2023 – 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
Today’s podcast is sponsored by Fintech
Company AppTech Payments Corp. (NasdaqCM:APCX).
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2023/031023-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2023/artificial-intelligence/03101INTC-AIAD.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:INTC) (OTC:AIAD)
Intel Corporation (NasdaqGS:INTC) has announced that the LF AI & Data Foundation
Technical Advisory Council accepted its Open Federated Learning (OpenFL) as an
incubation project to further drive collaboration, standardization and
interoperability. OpenFL, as described in the press release, “is an open source
framework for a type of distributed AI referred to as federated learning (FL)
that incorporates privacy-preserving features called confidential computing.”
Ibrahim Haddad, Executive Director, LF AI & Data Foundation, commented:
"We
are thrilled to welcome OpenFL to the LF AI & Data Foundation. This
project's innovative approach to enabling organizations to collaboratively
train machine learning models across multiple devices or data centers without
the need to share raw data aligns perfectly with our mission to accelerate the
growth and adoption of open source AI and data technologies.”
AI and machine learning-powered AdTech company
AiAdvertising, Inc. (OTC:AIAD) has announced that it has become a Google Premier
Partner. In addition to giving AiAdvertising access to Google's technologies
and tools, this enables them “to integrate its Campaign Performance Platform
with Google's machine learning technologies, such as automated bidding and
audience targeting, to optimize ad performance, and increase ROI.” Jerry Hug,
CEO of AiAdvertising, said:
"Implementing
AI and ML technologies in marketing comes with its challenges. Traditional
agencies are having difficulty keeping up with AI tools' emergence. They may be
executing and using one-off tools for personal benefits, but at the end of the
day, they are point solutions and lack a comprehensive approach. Our Campaign
Performance Platform is an all-in-one solution that helps marketers prove how
much their investments are generated toward the bottom line. It's designed to
play with other AI and ML tools as they emerge, allowing clients to experience
the benefits without purchasing individual solutions.”
Global
Generative AI Market to Reach $126.5B by 2031
A report published by Allied Market Research finds that the global
market for Generative AI is projected to grow from $8.2 billion USD in 2021 to
$126.5 billion by 2031, registering a compound annual growth rate (CAGR) of 32
percent in the forecast period 2022-31. The following excerpt from the report
overview outlines some key factors influencing the market’s growth:
The
demand for generative AI applications among sectors such as entertainment,
medicine, engineering, finance, and defense is being driven by growth in uses
of innovative solutions such as super-resolution, text-to-image conversion, and
text-to-video conversion, as well as rise in demand for modernized workflow
across industries. Further, rise in application of AI is a result of its
improved computational capacity and ability to address issues in a diverse
industrial sector. Correspondingly, generative AI finds suitable applications
in a range of industries to help in picture processing and film restoration.
Sam Mowers, Investorideas.com
Read and hear
other editions of the AI Eye
For a list of
artificial intelligence stocks on Investorideas.com visit here
Podcast sponsor:
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
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