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Tuesday, May 23, 2023

#AIEye #Podcast: #Stocks discussed: (NasdaqGS: $INTC) (NYSE: $PLTR)



 

 

#AIEye #Podcast: #Stocks discussed: (NasdaqGS: $INTC) (NYSE: $PLTR)

 

Intel Shares Portfolio of Future HPC and AI Products, and Palantir Developing AI Model with Fashion Retailer C&A Modas

 

Global #AIMarket to Reach $718.7B by 2029

 

Vancouver, Kelowna, Delta, BC – May 23, 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/2023/052323-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/05231INTC-PLTR.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (NasdaqGS:INTC) (NYSE:PLTR)

 

Intel (NasdaqGS:INTC) has showcased its portfolio of future HPC and AI products and announced an ambitious international effort to use the Aurora supercomputer to develop generative AI models for science and society at the ISC High Performance Conference in Hamburg, Germany. Jeff McVeigh, Intel’s corporate VP and general manager of the Super Compute Group, explained:

 

"Intel is committed to serving the HPC and AI community with products that help customers and end-users make breakthrough discoveries faster. Our product portfolio spanning Intel® Xeon® CPU Max Series, Intel® Data Center GPU Max Series, 4th Generation Intel® Xeon® Scalable Processors and Habana® Gaudi®2 are outperforming the competition on a variety of workloads, offering energy and total cost of ownership advantages, democratizing AI and providing choice, openness and flexibility."

 

Palantir Technologies Inc. (NYSE:PLTR) and fashion retailer C&A Modas S.A have announced the development of an Integrated Management Flow system using the Palantir Foundry platform. Foundry, according to the press release, is “a platform for AI-powered operations,” and “supercharges existing technology investments to bridge siloed planning and execution processes, optimize inventory management, and help build supply chain resilience for economic and geopolitical uncertainty.” Bruno Ferreira, Planning and Business Intelligence Director for C&A Brazil, said:

 

"We are the first Brazilian fashion retail brand to rely on this artificial intelligence technology. The flow developed allowed us to optimize and speed up the entire purchase process: from the initial planning, to sending the products to the stores. Among the significant gains, I'd highlight the increase of sales of products that were in stock and the reduction of unnecessary overstock.”

 

Global AI Market to Reach $718.7B by 2029

 

A report published by Fairfield Market Research finds that the global market for Artificial Intelligence is projected to grow from $29.9 billion USD in 2019 to $718.7 billion by 2029, registering a compound annual growth rate (CAGR) of 31.2 percent in the forecast period 2022-30. The following excerpt from the report’s description outlines the impact of AI on the BFSI (banking, financial services and insurance) market, which represents the highest rate of adoption in the AI market.

 

With more than 28% revenue share in the global artificial intelligence market, the BFSI segment will continue to surge ahead in the long term. Widening uptake of the AI technology for FinTech applications, risk assessment, financial analysis, portfolio or investment management, and regulatory compliance is expected to drive top performance of the BFSI industry in terms of AI consumption in the worldwide AI industry. Rampant e-Commerce expansion represents a strong factor underpinning the next key positioning of the e-Commerce segment in uplifting the prospects of the AI market.

 

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.

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

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Disclosure: podcast sponsor AppTech Payments Corp. (NasdaqCM:APCX) is a paid featured Fintech company on Investorideas.com.

 

The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

 

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