#AIEye
#Podcast: #Stocks discussed: (NasdaqGS: $MSFT) (NasdaqGS: $NVDA) (NYSE: $NOW)
Microsoft
Announces New Suite of AI Solutions for Cloud for Nonprofit, and NVIDIA
Partners with ServiceNow for Generative AI Across Enterprise IT
Global
#AIChips Market to Reach $304.09B by 2030
Vancouver, Kelowna, Delta, BC – May 19, 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/2023/051923-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2023/artificial-intelligence/05191MSFT-NVDA-NOW.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NasdaqGS:NVDA) (NYSE:NOW)
Microsoft (NasdaqGS:MSFT) has announced a suite of new AI solutions and
improvements to Microsoft Cloud for Nonprofit that aim to “transform the
nonprofit industry and how fundraisers engage with donors, manage campaigns and
optimize operations.” Notably, AI capabilities have been added to the service’s
Fundraising and Engagement tools. Justin Spelhaug, Vice President and Global
Head, Tech for Social Impact at Microsoft, said:
"Simply
put, AI can and will be a game-changer for nonprofits and fundraisers. With
these new AI solutions, we aim to empower nonprofits and fundraisers to achieve
more and to create a more positive and rewarding experience for donors."
NVIDIA Corporation (NasdaqGS:NVDA) and ServiceNow, Inc. (NYSE:NOW) have announced a partnership to develop powerful,
enterprise-grade generative AI capabilities that can transform business
processes with faster, more intelligent workflow automation. According to the
press release, ServiceNow is leveraging NVIDIA’s software, services, and
accelerated infrastructure, to develop custom large language models trained on
data for its ServiceNow Platform, expanding its AI functionality “with new uses
for generative AI across the enterprise.” CJ Desai, President and COO of
ServiceNow, said:
"As
adoption of generative AI continues to accelerate, organizations are turning to
trusted vendors with battle-tested, secure AI capabilities to boost
productivity, gain a competitive edge, and keep data and IP secure. Together,
NVIDIA and ServiceNow will help drive new levels of automation to fuel
productivity and maximize business impact."
Global
AI Chips Market to Reach $304.09B by 2030
A report published by Next Move Strategy Consulting finds that the
global market for AI Chips is projected to grow from $28.83 billion USD in 2022
to $304.09 billion by 2030, registering a compound annual growth rate (CAGR) of
29 percent in the forecast period 2023-30. An excerpt from the report’s description
outlines some factors impacting the market’s growth:
The
demand for AI Chips is consistently rising due to increasing adoption of
artificial intelligence in almost every industry, and in areas such as voice
recognition, object detection, medical or military simulations, intelligent
routing, and autonomous driving. The adoption of artificial intelligence not
only reduces the cost of operations, but increases the efficiency or the
response time and minimizes the risk to human life at various levels in specific
industry verticals.
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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