The
#AIEye: Intel ( $INTC) Responds AI Executive Order on AI, Accenture ( $ACN)
Introduces Digital Identity and Access Management and Qualcomm ( $QCOM) Looks
to Expand R&D in Taiwan
Autonomous Driving Market to Hit $172.3 Billion by 2024
Point
Roberts WA , Vancouver BC – March 8,
2019 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial
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watching stock news, deal tracker
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Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Autonomous Driving
Market to Hit $172.3 Billion by 2024
A report
from Research
and Markets indicates that Autonomous Vehicle market
will reach $172.3 billion USD by 2024. An excerpt from the report summary
reads:
Autonomous
vehicles are poised to invoke a revolution in the automobile industry including
public transportation systems, car rental and sharing systems, vehicle leasing
and ownership, industrial transportation, and automotive insurance practices
and systems. The degree of autonomy in vehicles is measured levels from zero
(fully human operated) to five (fully automated system) with evolution from
levels 1 through 4 consisting of an autopilot system combined with some level
of human control or intervention capability. Autonomous vehicles are
anticipated to become the foundation of transportation as a service globally
Intel Responds AI
Executive Order on AI, Accenture Introduces Digital Identity and Access
Management and Qualcomm Looks to Expand R&D in Taiwan
Stocks discussed:
(NasdaqGS:INTC) (NYSE:ACN) (NasdaqGS:QCOM)
Intel
Corporation (NasdaqGS:INTC) recently responded to last
month’s Executive Order on Maintaining American Leadership in Artificial
Intelligence from the White House. Among other things, Intel called for the
need to expand on the foundations laid by the initiative.
It’s time for the
U.S. to bet big on AI by building on the Executive Order to expand a National
AI Strategy that includes specific measures to support and promote AI
development and deployment. A comprehensive national AI strategy would earmark
funding and resources for AI research and development, outline clear goals and
accountability mechanisms, identify and remove barriers, drive public and
private development and adoption of AI, and outline a program to mitigate
negative or unintended consequences. A national strategy building on the aims
of the Executive Order will facilitate and focus current U.S. efforts, paving
the way for the future of AI.
Accenture
(NYSE:ACN) has introduced a
digital identity and access management (IAM) capability to “help organizations reduce the risk
and costs associated with the over-provisioning of accounts tied to a user's
identity.” Still awaiting patent, the IAM streamlines access privilege management
and “increases the accuracy and speed of near real-time updates to user
privileges using artificial intelligence and machine learning to contextualize
identity decisions and continuously keep up with ever-shifting changes to user
access rights”.
Qualcomm
(NasdaqGS:QCOM) is aiming to hire an additional
200 R&D engineers in Taiwan this year, according to a report from DigiTimes.
According to the piece, Qualcomm is:
“…scheduled to
start operating three innovation centers in Taiwan later this year, as part of
its efforts to collaborate with the local businesses and academies on the
commercial development of 5G, AI and other technologies.”
Sam Mowers,
Investorideas.com
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