#AIEye
#Podcast: #Stocks discussed: (NasdaqGS: $META) (NasdaqGS: $MSFT) (CSE: $PMED.C)
Meta
Announces Availability of Llama 2 with Microsoft, and Predictmedix AI Bringing
Contactless AI Solutions to Healthcare in India
Global
#EmbeddedAI Market to Reach $18B by 2028
Vancouver, Kelowna, Delta, BC – July 20, 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.
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2023/072023-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2023/artificial-intelligence/07201META-MSFT-PMED.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:META) (NasdaqGS:MSFT) (CSE:PMED)
Meta Platforms, Inc. (NasdaqGS:META) has announced
the availability of Llama 2, the next generation of its open source large
language model. Notably, Meta is making it available free of charge for
research and commercial use. The company also announced that Microsoft (NasdaqGS:MSFT) is its preferred partner for
Llama 2, which is available in the Azure AI model catalog, “enabling developers
using Microsoft Azure to build with it and leverage their cloud-native tools
for content filtering and safety features.” An excerpt from the announcement
reads:
Now,
with this expanded partnership, Microsoft and Meta are supporting an open
approach to provide increased access to foundational AI technologies to the
benefits of businesses globally.
Predictmedix AI Inc. (CSE:PMED) has announced contactless integrative AI solutions
for healthcare in India. Combining computer vision, thermal imaging, predictive
analytics, and leveraging the power of advanced AI algorithms, Predictmedix
aims to enable seamless and efficient healthcare interactions including
contactless temperature screening, symptom analysis, mental health assessments,
and substance abuse detection, and more. Rahul Kushwah, Chief Operating Officer
of Predictmedix, said:
"We
are thrilled to introduce our contactless integrative AI solutions to the
Indian healthcare landscape. Our technology represents a significant leap
forward in medical diagnostics and screening. By minimizing physical contact,
we are prioritizing patient safety while maximizing the efficiency and
effectiveness of healthcare practices."
Global
Embedded AI Market to Reach $18B by 2028
A report published by Research and Markets finds that the global
market for Embedded AI is projected to grow from $9.4 billion USD in 2023 to
$18 billion by 2028, registering a compound annual growth rate (CAGR) of 14
percent during the forecast period. The report cites the “growing demand for intelligent
and autonomous systems for a personalized experience and increasing
advancements in AI and ML technologies for better and smart decisions” as key
influences on the market’s growth. The following excerpt from the report’s
description outlines the role and utility of Embedded AI:
Embedded
AI hardware plays a critical role in the market by providing the necessary
computing power and specialized capabilities to support AI applications
directly on embedded systems. Embedded AI hardware can be customized and
integrated into specific embedded systems, ensuring seamless compatibility and
efficient utilization of resources. This allows hardware vendors and system
designers to tailor the AI hardware to meet the specific requirements of the
target application, achieving optimal performance and functionality.
Sam Mowers, Investorideas.com
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