The
#AIEye #Podcast: Watching #AI Breaking News (NasdaqGS: $NVDA) (NasdaqGS: $NICE)
NVIDIA
Collaborating with Tata Group for AI Solutions, and NICE Launches Roadshow for
Financial Crime & Compliance Risk Management
Global
#AIMarket to Reach $293.56B by 2030
September 11, 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/2023/091123-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2023/artificial-intelligence/09111NVDA-NICE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:NVDA) (NasdaqGS:NICE)
NVIDIA Corporation (NasdaqGS:NVDA) has announced an extensive collaboration with Tata
Group to deliver AI computing infrastructure and platforms for developing AI
solutions. According to the press release, both firms will collaborate “to
build an AI supercomputer powered by the next-generation NVIDIA®
GH200 Grace Hopper Superchip to achieve performance that is best in class.”
Jensen Huang, founder and CEO of NVIDIA, said:
“The
global generative AI race is in full steam. Data centers worldwide are shifting
to GPU computing to build energy-efficient infrastructure to support the
exponential demand for generative AI.
We
are delighted to partner with Tata as they expand their cloud infrastructure
service with NVIDIA AI supercomputing to support the exponential demand of
generative AI startups and processing of large language models.”
NICE Ltd. (NasdaqGS:NICE) is launching its Financial Crime & Compliance
Risk Management Roadshow set to travel across five key U.S. cities throughout
the fall season. This show, according to the press release, will focus on
FRAML, the impact of real-time payments, and Next Gen AI trends and solutions
being launched in the market today. Craig Costigan, CEO, NICE Actimize, said:
"Providing
an opportunity to network with peers and subject matter experts, our
industry-leading events will explore the ways that NICE Actimize’s AI-infused
solutions provide a pathway to success. NICE Actimize’s fraud and anti-money
laundering roundtables will address today’s challenges while helping financial
institutions plan effective strategies for the future."
Global
AI Market to Reach $293.56B by 2030
A report published by Polaris Market Research finds that the global
market for artificial intelligence is projected to grow from $51.5 billion USD
in 2021 to $293.56 billion by 2030, registering a compound annual growth rate
(CAGR) of 21.3 percent in the forecast period. The following excerpt from the
report’s description outlines some key factors influencing the market’s growth:
“…the
rise in market demand for intelligent systems to increase efficiency and
productivity is pushing the growth of the global artificial intelligence
market. Technological progressions in the artificial intelligence market, such
as rapid speech and natural language processing, are affirmatively influencing
the growth of the market. Artificial intelligence, frequently called machine
intelligence, is a field of computer science that concentrates on advancing and
managing technology that can learn to make choices and independently execute
transactions on behalf of humans.”
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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