The
#AIEye #Podcast: Watching #AI Breaking News (NasdaqGS: $INTC) (NYSE: $SPGI)
Flapmax
and Intel Announce Partnership to Foster AI Innovation in Africa, and S&P
Global Named Best AI Provider by Waters Rankings
Global
#AIChipset Market to Reach $717.4B by 2031
Vancouver, Kelowna, Delta, BC – July 31, 2023 – Investorideas.com,
a global investor news source covering Artificial Intelligence (AI) stocks and industry news brings you today’s edition of The AI Eye Podcast; watching AI breaking
news .
Today’s
podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2023/073123-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2023/artificial-intelligence/07311INTC-SPGI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:INTC) (NYSE:SPGI)
AI firm Flapmax has announced a strategic partnership with Intel
Corporation (NasdaqGS:INTC) to foster AI innovation and
drive economic empowerment in Africa. This will be done through the provision
of “technology access, training, mentorship, and funding opportunities to
entrepreneurs in emerging markets, starting with Africa, through the FAST
Accelerator program.” According to the press release, the FAST Accelerator
program “is designed to help startups that are building cloud-based and
AI-enabled products and services supporting communities, companies, and
governments.” Dave Ojika, Founder and CEO of Flapmax, explained:
"Flapmax
has been working with Intel to develop sustainable digital solutions that
readily expand AI accessibility in underserved communities, and we are excited
to build on our momentum with the FAST Accelerator program. Bridging the
knowledge gap in technological advancement is key to creating meaningful social
impact. Through this partnership with Intel, Flapmax will bring cutting-edge
technology and advanced curricula, including generative AI, robotics, and deep
tech, to innovators in Africa and other technologically underserved
communities."
S&P Global Inc. (NYSE:SPGI) has announced today that Kensho Technologies – an
AI firm acquired by S&P in 2018 – and the S&P Global Market
Intelligence division were named 2023's Best Artificial Intelligence (AI) Technology
Provider by Waters Rankings. Bhavesh Dayalji, CEO of Kensho
Technologies, commented:
"This
award is a testament to the unique advantage that Kensho has in building and
deploying cutting-edge AI tools trained on S&P Global data and expertise.
Our exceptional talent, culture of experimentation and partnership with
business leaders throughout S&P Global has enabled us to push boundaries,
take big swings and constantly seek new and innovative approaches to solving
the most complex Machine Learning problems faced by S&P Global and other
enterprises today."
Global
AI Chipset Market to Reach $717.4B by 2031
A report published by Transparency Market Research finds that the
global market for AI Chipsets is projected to grow from $45.5 billion USD in
2021 to $717.4 billion by 2031, registering a compound annual growth rate
(CAGR) of 31.8 percent in the forecast period 2022-31. The following excerpt
from the report’s preview section outlines trends impacting the market’s
growth:
Increase
in demand for smart consumer electronic devices is significantly augmenting the
global AI chipset market share. Future market value of the artificial
intelligence chipset industry is expected to grow during the forecast period,
owing to the rise in adoption of AI chipsets to improve customer service
experience. Furthermore, growth and advancement in the semiconductor sector is
contributing to market development.
AI
chips are specifically designed to improvise the productivity of devices while
using the least amount of power. Rise in concerns over data security and
computational speed has boosted the demand for edge-based AI hardware. Chips
are being incorporated in products such as smart homes, autonomous vehicles,
and wearables.
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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