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

Stocks discussed: (NasdaqGS:MSFT) (NSE:COMPLIANCE) (NasdaqGS:NICE)

Microsoft (NasdaqGS:MSFT) and Reliance Jio Infocomm Limited (Jio), a subsidiary of Reliance Industries Limited (NSE:RELIANCE) have announced an alliance to accelerate the digital transformation of India. According to the press release, the two companies are embarking on a ten-year commitment to “enhance the adoption of leading technologies like data analytics, AI, cognitive services, blockchain, Internet of Things, and edge computing among small and medium enterprises to make them ready to compete and grow, while helping accelerate technology-led GDP growth in India and driving adoption of next-gen technology solutions at scale”. Satya Nadella, CEO of Microsoft, commented:

"We have an incredible opportunity to apply advances in technology to help organizations across India innovate and grow. The combination of Jio's leading connectivity and digital solutions with Azure, Azure AI and Office 365 will bring powerful tools and platforms for compute, storage, productivity and more to millions of businesses in the country."

NICE Ltd. (NasdaqGS:NICE) has introduced Reg BI Surveillance, a solution designed to help broker-dealers manage Regulation Best Interest (Reg BI) compliance obligations. Reg BI was recently passed by the U.S. Securities and Exchanges Commission (SEC) and raises the standard of conduct for broker-dealers with the imposition of new requirements to ensure transparency and that firms are acting in their clients’ best interest. Reg BI Surveillance leverages Intelligent Analytics powered by machine learning and Natural Language Processing (NLP) to monitor broker-dealer communications to ensure compliance. Chris Wooten, Executive Vice President, NICE, explained:

“Reg BI is the most significant change to suitability regulations in the United States in the past twenty years. Now, firms must monitor all broker-dealer recommendations through the lens of this new regulation. This places an enormous compliance burden on firms that would be difficult to overcome with today’s disjointed technologies and manual processes. As a comprehensive, integrated, turnkey solution, NICE Actimize’s Reg BI Surveillance is an all-in-one solution that automates compliance processes so they’re easier to manage, enabling firms to meet various obligations under Reg BI.”

AI and ML in Retail to See 41% CAGR from 2019-2025

Research from Report Consultant finds that the AI and Machine Learning in Retail market will see a compound annual growth rate (CAGR) of 41 percent in the forecast period 2019-2025, according to a press release published today. An excerpt outlines the market:

Artificial Intelligence and Machine Learning enable Retailers to boost their bottom lines, in part by showing when it’s not necessary to offer a discount. At the same time, these systems give shoppers prices they view as fair and non-arbitrary on the products they care most about. AI and ML deliver such an impact in price and promotion optimization. In pricing, these capabilities can help retailers provide targeted, more personalized prices and offer that factor in shopper sensitivity and competitive elasticity, down to the store-item level. For context, machine learning is essentially a toolkit of different techniques and approaches to solving problems. Just as a specialized tool is only effective in the hands of a skilled artisan or technologist, highly experienced data scientists leverage the knowledge of the tools in their ML toolkit to apply them successfully in the realm of real-world retail pricing and promotions.

Sam Mowers, Investorideas.com

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Friday, August 9, 2019

The #AIEye: AWS (NasdaqGS: $AMZN) Makes Lake Formation Generally Available and Wipro (NYSE: $WIT) Partners with Camunda for Workflow Automation

The #AIEye: AWS (NasdaqGS: $AMZN) Makes Lake Formation Generally Available and Wipro (NYSE: $WIT) Partners with Camunda for Workflow Automation

UK to Invest £250 Million into National #AI Lab

Point Roberts WA , Vancouver BC – August 9, 2019 – Investorideas.com (www.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.

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

Stocks discussed: (NasdaqGS:AMZN) (NYSE:WIT)

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), announced the general availability of AWS Lake Formation. According to the press release, “AWS Lake Formation simplifies and automates many of the complex manual steps usually required to create a data lake, including collecting, cleaning, and cataloging data, and securely making that data available for analytics”, allowing customers to then “analyze this data using their choice of AWS analytics and machine learning services”. Raju Gulabani, Vice President, Databases, Analytics, and Machine Learning, AWS, said:

“Our customers tell us that Amazon S3 is the ideal place to house their data lakes, which is why AWS hosts more data lakes than anyone else – with tens of thousands and growing every day. They’ve also told us that they want it to be easier and faster to set up and manage their data lakes. That’s why we built AWS Lake Formation, so customers can spend more time learning from their data and innovating, rather than wrestling that data into functioning data lakes. AWS Lake Formation is available today and we’re excited to see how customers use it as one of the building blocks for growing and transforming their businesses and customer experiences.”

Wipro Limited (NYSE:WIT) has partnered with software firm Camunda to offer clients workflow automation services. Somit Kapoor, Head of Enterprise Operations Transformation, Wipro Limited, commented:

“We are excited to partner with Camunda to offer customers a lightweight, highly flexible, open source platform for their workflow automation needs. Offering Camunda as part of our stack will benefit our customers who are looking for a solution that offers greater flexibility and customization than alternative heavyweight platforms.”

UK to Invest £250 Million into National AI Lab

The UK’s Health Secretary Matt Hancock announced an investment of £250 million GBP into a National Artificial Intelligence Lab, according to an official government press release today. Hancock said:

“We are on the cusp of a huge health tech revolution that could transform patient experience by making the NHS a truly predictive, preventive and personalised health and care service.

I am determined to bring the benefits of technology to patients and staff, so the impact of our NHS Long Term Plan and this immediate, multi-million pound cash injection are felt by all. It’s part of our mission to make the NHS the best it can be.

The experts tell us that because of our NHS and our tech talent, the UK could be the world leader in these advances in healthcare, so I’m determined to give the NHS the chance to be the world leader in saving lives through artificial intelligence and genomics.”

Sam Mowers, Investorideas.com

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Thursday, August 8, 2019

The #AIEye: Nuance (NasdaqGS: $NUAN) Names Board of Directors for Automotive Spin-Off Company and Veritone (NasdaqGM: $VERI) One Announces Influencer Bridge for Content Creators

The #AIEye: Nuance (NasdaqGS: $NUAN) Names Board of Directors for Automotive Spin-Off Company and Veritone (NasdaqGM: $VERI) One Announces Influencer Bridge for Content Creators

Global Healthcare #AI Market to See 51.9% CAGR from 2018-2023

Point Roberts WA, Vancouver BC – August 8, 2019 – Investorideas.com (www.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.

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Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/08081AIEye-NUAN-VERI.asp

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

Stocks discussed: (NasdaqGS:NUAN) (NasdaqGM:VERI)

Nuance Communications, Inc. (NasdaqGS:NUAN) has named the board of directors for its automotive spin-off company, Cerence Inc. Arun Sarin, former CEO of Vodafone, will be appointed Cerence Chairman of the Board when the spin-off is completed on October 1, 2019. Also named to the board is Sanjay Dhawan, who previously served as president of the Connected Services Division and chief technology officer of Harman Industries International since 2015. According to the press release, “Dhawan brings a deep understanding of AI and machine learning applications, with a focus on developing solutions at the intersection of devices, sensors, cloud solutions and data integration”. Mark Benjamin, CEO of Nuance, commented:

“For Cerence’s future Board of Directors, we have assembled a group of highly talented leaders who bring a variety of meaningful, deep talent and expertise. As Nuance prepares to spin the automotive business into Cerence, the extensive knowledge, unique insights, and proven success of this board will serve Cerence and its shareholders well and will be integral to the company’s bright future.”

Veritone One, a wholly-owned subsidiary of Veritone, Inc. (NasdaqGM:VERI), is launching a pay-per-performance advertising platform for audio and video content creators called Influencer Bridge. The platform will leverage Veritone’s AI-powered aiWARE to “listen, watch and understand the content of each podcast episode and YouTube video included in the Influencer Bridge program”. Ryan Steelberg, President of Veritone One, explained:

“Influencer Bridge gives all influencers – whether established or up and coming – a seat at the table by enabling them to monetize their content without much time investment and at no cost. In turn, advertisers can expand their reach and also have the opportunity to advertise to a hyper-targeted audience in engaging and authentic ways. We are excited to kick-off the launch of a series of new advertising services with this unique offering that benefits both content creators and advertisers.”

Global Healthcare AI Market to See 51.9% CAGR from 2018-2023

A report from Market Research Future finds that the global Healthcare Artificial Intelligence market will see a compound annual growth rate (CAGR) of 51.9 percent in the forecast period 2018 to 2023. An excerpt outlines the market dynamics:

Artificial intelligence (AI) is being used for a range of healthcare and research purposes, such as detection of diseases, management of chronic conditions, delivery of health services, and drug discovery. AI applications and systems deliver new efficiencies and possibilities which empower healthcare professionals and researchers to improve their quality of work and enhance the lives of patients. Artificial intelligence is algorithms which are capable of analyzing complex research data. Their potential to exploit meaningful relationship within a data set can be used in precision medicine, drug discovery, and predicting outcome in a wide range of clinical scenarios. AI is advancing in clinical research as it has the potential to overcome many clinical trial challenges such as matching eligible patients for research and monitoring adherence and data collection. For instance, Deep 6 AI founded in 2015 and headquartered in California, has developed a Deep 6 AI, an artificial intelligence-enabled technology platform, that finds eligible patients for clinical trials faster and analyses complex clinical data. Thus, the application of AI in research helps scientists to speed up their research and get life-saving cures more quickly.

Sam Mowers, Investorideas.com

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Wednesday, August 7, 2019

The #AIEye: GBT Technologies (OTC: $GOPHD) Testing Avant! as Virtual Agent and Baidu (Nasdaq: $BIDU) Chooses Elektrobit for Automotive Infrastructure Software

The #AIEye: GBT Technologies (OTC: $GOPHD) Testing Avant! as Virtual Agent and Baidu (Nasdaq: $BIDU) Chooses Elektrobit for Automotive Infrastructure Software

Global #AI in Marketing Market to See 30.1% CAGR from 2018-2025

Point Roberts WA , Vancouver BC – August 7, 2019 – Investorideas.com (www.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:

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/08071AIEye-GOPHD-BIDU.asp

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

Stocks discussed: (OTC:GOPHD) (NasdaqGS:BIDU)

GBT Technologies Inc. (OTC PINK:GOPHD), which was formerly known as Gopher Protocol, Inc. (OTC:GOPH), is testing its Avant! AI Virtual Agent through Costa Rican company GBT Technologies, S.A. (GBT CR), prior to official release. Avant! will be released once testing is complete and will be targeted for “the use of an intelligent virtual agent for expert communities that are essential in our daily lives, which could potentially include healthcare advisors, engineering design, customer service, financial analytics and more,” according to the press release. Salomon Ocon, GBT CR’s CEO, explained:

"We are in the testing phase of our intelligent agent, and expect an exciting future for our Avant! Virtual Agent application. Avant! Virtual Agent is capable of understanding questions, search for relevant information, perform an analysis and advise with the best conclusions. Furthermore, Avant! Virtual Agent requests user's feedback and will consider them in its next analysis in order to provide more efficient and accurate information. This is an integral part of the system's learning capabilities. We expect Avant! will get better with time with additional users and with more users’ interactions, with the goal of making it a highly advanced question/answer machine. We plan to continue to develop the Virtual Agent with the goal of achieving performance close to a human being's ability to answer questions.”

Baidu, Inc. (NasdaqGS:BIDU) has chosen embedded software provider Elektrobit to provide automotive infrastructure software for the former’s advanced in-vehicle computing platform for autonomous driving – Apollo Computing Unit (ACU). Alexander Kocher, President and Managing Director, Elektrobit, commented:

"Baidu Apollo has made tremendous strides in just two years since its launch, with support from leaders in the automotive industry, in China and around the world. China is an important and strategic market for EB, therefore we are glad to bring our products and experience into the ACU. We are extremely proud to be a partner and look forward to working with Baidu as well as the whole industry to accelerate the development of automated driving based on Apollo."

Global AI in Marketing Market to See 30.1% CAGR from 2018-2025

A report from Data Bridge Market Research finds that the global AI in Marketing market, which was valued at $5.2 billion USD in 2017, will see a compound annual growth rate (CAGR) of 30.1 percent in the forecast period 2018 to 2025. An excerpt from the report description describes the market:

Artificial intelligence in marketing offer[s] approaches to overcome any issues between information science and execution. The way toward filtering through and breaking down dumps of information was at one time an impossible procedure and is currently attainable, as well as it's in reality simple. AI Marketing is a strategy for utilizing client information and AI ideas like machine [learning] to foresee your client's best course of action and enhance the client travel.

Sam Mowers, Investorideas.com

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

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