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Wednesday, October 23, 2019

The #AIEye: NVIDIA (Nasdaq: $NVDA) and Microsoft (Nasdaq: $MSFT) Announce #Tech Collaboration, Nuance (NASDAQ: $NUAN) to Demo Dragon Law Enforcement

The #AIEye: NVIDIA (Nasdaq: $NVDA) and Microsoft (Nasdaq: $MSFT) Announce #Tech Collaboration, Nuance (NASDAQ: $NUAN) to Demo Dragon Law Enforcement

Global Machine Learning Market to Reach $20.83 Billion USD by 2024

Point Roberts WA, Vancouver BC – October 23, 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/10231AIEye-NVDA-MSFT-NUAN.asp

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

Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:MSFT) (NasdaqGS:NUAN) (NasdaqGS:LOGM)

NVIDIA Corporation (NasdaqGS:NVDA) has announced a technology collaboration with Microsoft (NasdaqGS:MSFT). Focussed on the integration of Microsoft Azure and NVIDIA EGX to advance edge-to-cloud AI computing capabilities. Jensen Huang, founder and CEO of NVIDIA, explained:

“The age of intelligent edge computing has arrived. The world’s largest industries want to have AI computing at the edge, to extract insight from continuous streams of data, and to sense, reason and act at the point of action. In time, this will be the largest-scale computing ever created, connecting trillions of smart sensors. NVIDIA’s and Microsoft’s platforms dovetail to offer customers an end-to-end solution from edge to cloud.”

Nuance Communications, Inc. (NasdaqGS:NUAN) is set to demonstrate Dragon Law Enforcement, its speech recognition solution tailored for the public safety sector at the International Association of Chiefs of Police (IACP) conference in Chicago, Illinois. According to the press release, the technology helps officers “modernize incident reporting, gain tremendous time savings, and improve safety conditions”. Mark Geremia, vice president and general manager of Dragon Professional and Consumer Solutions, Nuance, commented:

“The momentum we’re experiencing in the market stems from a strong collaboration with our law enforcement partners to build technology that understands their challenges and the opportunities for improvement. We’re privileged to offer our law enforcement customers across the nation a solution that helps them do their jobs more effectively and plays a significant role in improving the welfare of officers and the neighborhoods they serve.”

LogMeIn, Inc. (NasdaqGS:LOGM) has announced the launch of Bold360 Helpdesk which leverages AI-powered chatbots to modernize employee support. Ryan Lester, Senior Director, Customer Engagement Technologies, LogMeIn, commented:

“Finding your company’s guest Wi-Fi password shouldn’t be like finding a needle in a haystack, but the average employee spends nearly a third of their day searching for information via cumbersome, and often outdated, internal systems. Employees don’t want to work with these difficult systems that lead to old or missing content, more frustration and waning productivity. It can feel like a never-ending cycle; but with Bold360 Helpdesk, we’re breaking that cycle to enable employees to work in a way that’s convenient for them and makes it easier to find what they need, so they can spend more time focusing on their core work.”

Global Machine Learning Market to Reach $20.83 Billion USD by 2024

A report from Zion Market Research finds that the global machine learning market is projected to reach $20.83 billion USD by 2024 with a compound annual growth rate (CAGR) of 44.06 percent in the forecast period 2017-2024. The following excerpts from the report analysis read:

Machine Learning aids in the continuous advancement of computing with exposure to new adaptation, testing, and scenario. It is an application of artificial intelligence that equips the system with the ability of self-learning and improving from experience without being explicitly programmed. Some common machine learning methods are supervised machine learning algorithms, unsupervised machine learning algorithms, semi-supervised machine learning algorithms, and reinforcement machine learning algorithms.

The introduction of machine learning has transformed many industries which holds the benefits such as smart manufacturing, predictive maintenance, autonomous vehicles and interactive machines in production, optimized energy management for climate and energy change, quality control or test automation, and more.

Sam Mowers, Investorideas.com

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#FinTech Growth in #Indonesia - How Gojek and (OTCQX: $WEYL) (NYSE: $BABA) (NASDAQ: $GOOGL) (LSE: BOKU) are Winning

#FinTech Growth in #Indonesia - How Gojek and (OTCQX: $WEYL) (NYSE: $BABA) (NASDAQ: $GOOGL) (LSE: BOKU) are Winning

Point Roberts WA, Delta, BC – October 23, 2019 - Investorideas.com, a leading investor news resource covering tech and mobile payment stocks releases a snapshot reporting on the rapid growth of Fintech solutions in Indonesia and how unicorn companies like Gojek and emerging players like Weyland Tech, Inc. (OTCQX: WEYL) are benefiting.

Read this in full at https://www.investorideas.com/news/2019/technology/10231FinTech-Indonesia.asp

According to one recent report, “Indonesia’s fintech industry is in the midst of a period of significant growth. P2P lending recorded a triple-digit increase in 2018, while e-payment services have grown more than six-fold since 2012, prompting a surge of new foreign investment into a vibrant and increasingly diverse start-up community.”

A recent article from FinTechNews reported on the growth of the Fintech industry in Indonesia, with specific focus on one of the major players in the industry, the private company Gojek.

“Jakarta, Indonesia, is home to Gojek, one of Southeast Asia’s leading on-demand multi-service platform and digital payment technology group. Gojek is the first Indonesian unicorn company, and also the first “decacorn” company in Indonesia that’s worth more than US$10 billion. Gojek operates Indonesia’s fourth biggest e-wallet service Go-Pay, and from its headquarters in Jakarta, has expanded across the region to markets including Vietnam, Thailand, Singapore and the Philippines.”

Weyland Tech, Inc. (OTCQX: WEYL) is also aiming to seize a part of this giant opportunity. Weyland is a growing global provider of m-Commerce and fintech business enablement solutions with its CreateApp™ Platform-as-a-Service (PaaS) across three continents and 10 countries, including some of the fastest-growing emerging markets in Southeast Asia, They recently reported selected preliminary unaudited financial results for the third quarter and nine months ended September 30, 2019.

The company's subsidiary, Weyland Indonesia Perkasa (WIP), operates AtozPay and AtozGo. The AtozPay mobile payments platform serves the burgeoning m-Commerce and e-Payment markets in Indonesia, the world's fourth most populous country. AtozGo is a fast-growing short-distance food delivery service in Jakarta, Indonesia.

For the third quarter 2019, the company expects record revenue of approximately $9.0 million, which would represent an increase of 6.6% compared to the third quarter of 2018. For the first nine months of 2019, the company expects record revenue of approximately $24.6 million, which would represent an increase of 42.6% versus the same year-ago period. The company also expects to turn adjusted EBITDA positive in the third quarter.

"These anticipated record results reflect the accelerating growth in our recurring revenue from CreateApp subscription fees," said Brent Suen, CEO of Weyland Tech. "While we expect to generate positive adjusted EBITDA in the third quarter, we plan to continue to reinvest in efforts designed to gain customers and market share."

"The growth in recurring revenue was largely due to greater adoption of CreateApp by SMBs in our existing markets as driven by our highly-productive channel partners," continued Suen. "The increased adoption included new customers as well as existing customers subscribing to additional features and modules. This momentum has continued into the fourth quarter, keeping us on track for another year of record growth."

Offered in 14 languages with more than 70 integrated modules, Weyland enables SMBs to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. The technology empowers SMBs to increase sales, reach more customers, manage logistics, and promote their products and services in an easy, affordable and highly efficient way.

Gojek was most recently in the news as Gojek CEO and co-Founder, Nadiem Makarim announced on Monday that he had resigned to join Indonesia’s new cabinet. The ride-hailing and payments company said two senior executives would jointly take over running operations of the $10 billion firm.

“We will make an announcement on what this news means for Gojek within the next few days,” the Company said, referring to Makarim, who has been the face of the tech startup.

The Indonesian company, valued at $10 billion, raised over $1 billion earlier this year from backers including Alphabet’s Google (NASDAQ: GOOG) (NASDAQ: GOOGL) and Chinese tech giants Tencent and JD.

Google, which has invested $500 million in Gojek, declined to comment on Makarim’s departure, while Tencent and JD did not immediately respond to requests for comment.

Boku Inc (LSE: BOKU), also recently announced a partnership with GoPay, the digital payments platform of Gojek, the largest on-demand multi-service provider in Southeast Asia. Today, GoPay is the largest consumer digital payments platform in Indonesia, processing about 50% of transactions made on the Gojek platform.

Through the partnership, Boku’s merchant customers in Indonesia will be able to introduce GoPay as an additional payment method, enabling ease of payments for a greater pool of end-users. The partnership reflects the growing popularity of e-wallets as the primary payment mechanism for multiple use cases like transportation, recurring entertainment subscriptions, and in-app and in-game micro-purchases.

“Boku’s mission is to make mobile transactions more simple and this partnership with GoPay is a big step towards accomplishing that mission,” said Jon Prideaux, CEO of Boku Inc. “We look forward to continuing our collaboration with GoPay to bring cashless payments to more consumers in Indonesia and to bring greater customer acquisition to global businesses operating in Indonesia.”

“As Indonesia continues to move towards digital payments and embraces a mobile-first society, GoPay and Boku share the same vision of providing convenience and greater opportunities to both consumers and businesses,” said Timothius Martin, SVP Digital Product, GoPay. “With Boku’s leading network of global merchants, we can immediately help traditionally underserved Indonesian consumers participate in the global digital economy.”

Ant Financial, an affiliate company of Alibaba Holdings Group Limited (NYSE: BABA) is looking outside of Gojek, having recently given $40 million in funding to Akulaku, a Fintech lending company.

The funding gives Akulaku, which does most of its business in Indonesia but recently expanded into Vietnam and the Philippines, a $450 million valuation, according to Deal Street Asia. Just a few days earlier, the outlet cited anonymous sources who said the startup was planning to raise $100 million in a Series D funding round.

The Jakarta-based company raised $70-million in a Series C round over three months ago, led by Chinese financial technology company FinUp with participation from Sequoia India, Australia’s Blue Sky and Qiming Venture Partners. A Series A round of funding took place in early 2016, raising $5 million led by DCM Ventures, followed by another $30 million from Qiming, Legend Capital, Shunwei Capital, and existing shareholders, including IDG, Arbor Ventures, DCM, Arbor Venture Fund, and Wecapital.

“Ant Financial, from day one, we are positioned as a tech company. But previously we just wanted to make sure we are really using the tech to be innovative, to create examples, to redefine financial services that people can feel, can touch,” Ant Financial Chief Executive, Eric Jing said back in November.

As we continue to see this trend of big tech companies willing to invest such large sums into this expanding market, Indonesia looks to remain a hub for the Fintech industry moving forward, for both large scale investors and startups looking to expand the revenue models and get in early on this rapidly growing market.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns: Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining, the AI Eye .

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring WEYL is a paid for news release on Investorideas.com – third party (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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AI News: VSBLTY Groupe Technologies (CSE: VSBY) (OTC: VSBGF) Announces Closing of Third And Final Tranche of Brokered Private Placement Led by Echelon Wealth Partners

AI News: VSBLTY Groupe Technologies (CSE: VSBY) (OTC: VSBGF) Announces Closing of Third And Final Tranche of Brokered Private Placement Led by Echelon Wealth Partners

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Philadelphia, PA - October 23, 2019 (Investorideas.com Newswire) Further to its news releases on August 13, 2019, August 29, 2019 and September 20, VSBLTY Groupe Technologies Corp. (the "Company" or "VSBLTY") (CSE: VSBY) (5VS.F) (VSBGF) is pleased to announce that it has closed the third and final tranche of its private placement (the "Offering") of $1,000 principal amount 10% convertible unsecured debentures (the "Debentures") for gross proceeds $1,062,740, of which $448,000 were raised from the brokered portion of the Offering (the "Brokered Offering") and $614,740 gross proceeds were raised from the non-brokered portion of the Offering (the "Non-Brokered Offering").

Echelon Wealth Partners Inc. (the "Agent") acted as lead agent and sole bookrunner for the Brokered Offering.

Read this in full at https://www.investorideas.com/CO/VSBY/news/2019/10231PrivatePlacement-EchelonWealthPartners.asp

To date, the Company has raised $4,084,860 pursuant to the Offering.

The Debentures will bear interest from October 22, 2019 (the "Closing Date") at a rate of 10% per annum on an accrual basis, calculated and payable semi-annually, and will mature on October 22, 2021 (the "Maturity Date").

The principal amount of the Debentures may be convertible, in whole or in part, at any time before the Maturity Date, into units of the Company (each, a "Unit") at $0.35 per Unit, if converted at any time before one year after the Closing Date (amended from the previously-disclosed conversion price of $0.45 per Unit), or otherwise convertible at $0.60 per Unit if converted after one year after the Closing Date but before the Maturity Date.

Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of a Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable into one Share (each a, "Warrant Share") at a price of $0.60 per Warrant Share for a period of 24 months from the Closing Date, subject to acceleration. The Company may exercise its warrant acceleration right, if on any ten consecutive trading days, beginning on the date that is four months and one day following the Closing Date, the closing price of the Company's Shares on the CSE is greater than $1.00 per Share. If the Company exercises its warrant acceleration right, the new expiry date of the Warrants will be the 30th day following the notice of such exercise.

The Company paid a cash commission to the Agent of $33,440, a finance fee of 38,400 Shares and issued 95,543 non-transferable broker warrants (the "Broker Warrants"). To date, the Company has paid cash commissions to the Agent of $261,920, corporate finance fees of 283,199 Shares and issued 748,342 Broker Warrants pursuant to the Offering. Each Broker Warrant entitles the Agent to purchase one Share at the price of $0.35 per Share for a period of 24 months from the Closing Date.

The net proceeds from the Offering will be used for acquisitions and general and corporate working capital purposes.

The securities issued in the Brokered Offering and Non-Brokered Offering are subject to a statutory four month and one day hold period, which expires on February 23, 2020.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or "U.S. Persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

On Behalf of the Board of VSBLTY Groupe Technologies Inc.

"Jay Hutton"
CEO & Director

CONTACT:

Linda Rosanio, 609-472-0877
lrosanio@vsblty.net

About VSBLTY (www.vsblty.net)

Headquartered in Philadelphia, VSBLTY (CSE:VSBY) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS- based audience measurement and security software that uses artificial intelligence and machine learning.

FORWARD LOOKING STATEMENT

This news release contains forward-looking statements, including statements regarding the Offering and the future price of the Shares on the Canadian Securities Exchange, and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, and which are described in the Company's public filings available under its profile at www.sedar.com. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company does not intend to update any of the included forward-looking statements except as required by Canadian securities laws.

LINDA ROSANIO
VSBLTY, INC
609-472-0877
LROSANIO@VSBLTY.NE

VSBLTY Groupe Technologies Corp. (CSE: VSBY) is a featured Tech / AI stock on Investorideas.com

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Tuesday, October 22, 2019

The #AIEye: IBM (NYSE: $IBM) Announces New Innovations to Watson Everywhere Approach, HPE’s (NYSE: $HPE) Aruba Introduces Switching and Software Innovations

The #AIEye: IBM (NYSE: $IBM) Announces New Innovations to Watson Everywhere Approach, HPE’s (NYSE: $HPE) Aruba Introduces Switching and Software Innovations

Global Call Center #AI to Reach $2.99 Billion by 2024

Point Roberts WA, Vancouver BC – October 22, 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:

https://www.investorideas.com/Audio/Podcasts/2019/102219-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/10221AIEye-IBM-HPE.asp

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

Stocks discussed: (NYSE:IBM) (NYSE:HPE) (ASX:BRN)

IBM (NYSE:IBM) has announced new innovations for its Watson Everywhere approach, aimed at easing AI scaling across clouds. Improvements include detecting 'drift' in AI models, recognizing nuances in the human voice, and the introduction of the company’s Cloud Pak for Data platform. Rob Thomas, General Manager, IBM Data and AI, explained:

"We collaborate with clients every day and around the world on their data and AI challenges, and this year we tackled one of the big drawbacks to scaling AI throughout the enterprise – vendor lock-in. When we introduced the ability to run Watson on any cloud, we opened up AI for clients in ways never imagined. Today, we pushed that even further adding even more capabilities to our Watson products running on Cloud Pak for Data."

Aruba, a subsidiary of Hewlett Packard Enterprise Company (NYSE:HPE), has introduced switching and software innovations “designed to address the unique needs of today’s modern enterprise campus, branch and data center”. Keerti Melkote, president and founder at Aruba, explained:

“AI-powered automation must be at the heart of a modern, edge-to-cloud architecture and, in order to be truly useful, it requires an intelligent infrastructure as the foundation. We believe that AI is the key to analyzing data, providing actionable insights, and automation at scale to optimize network operators’ ability to quickly troubleshoot, remediate and proactively resolve some of IT’s most pressing challenges. Our vision for the future is a cloud-native architecture that delivers true business agility and new digital experiences, and today’s introduction is an important step in that direction.”

BrainChip Holdings Limited (ASX:BRN) has secured a patent for dynamic neural function libraries, which is a key component of Akida, its AI processing chip. According to the press release, the patent: “addresses a dynamic neural network within an AI device. During a learning process, values are generated and stored in the synaptic registers of the AI device to generate a training model. Training models are themselves stored in the dynamic neural function library of the AI device, and the function library can then be used to train another device.” Peter Van der Made, BrainChip founder and CTO, commented:

“This patent addresses efficiency that contributes to how Akida technology excels in speed, accuracy, and ultra-low power consumption. Synapses store values, these thousands of synapses connect to thousands of neurons, and that neural output can be used by another set of neurons – which is closer to the way the human brain processes information.”

Global Call Center AI to Reach $2.99 Billion by 2024

A report from Prescient & Strategic Intelligence finds that the global Call Center AI market will grow from $914.5 million in 2018 to $2.99 billion by 2024 with a compound annual growth rate (CAGR) of 22.6 percent. The following excerpts from the report description outlines some key market trends:

“The rise in adoption of AI enabled chatbots is a key trend exhibited in the market. They make use of existing information such as frequently asked questions (FAQs) and the organization knowledge base to offer better customer service. Chatbots substantially cut down the waiting time for customers as their response time is extremely fast. They can provide support to multiple customers at a time unlike a human agent, who would be limited in his/her ability to do so.”

“The usage of AI in call centers for enhanced customer support services is one of the major driving forces in the global call center AI market. The industries including retail, BFSI, healthcare, and telecom, are focusing on adoption of AI solutions for their call center related services.”

Sam Mowers, Investorideas.com

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Investorideas.com - Defense Stocks update: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Sells PATSCAN Platform to Ginter Electrical for use at Great American Ball Park

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Wednesday, October 23, 2019

The #AIEye: NVIDIA (Nasdaq: $NVDA) and Microsoft (Nasdaq: $MSFT) Announce #Tech Collaboration, Nuance (NASDAQ: $NUAN) to Demo Dragon Law Enforcement

#FinTech Growth in #Indonesia - How Gojek and (OTCQX: $WEYL) (NYSE: $BABA) (NASDAQ: $GOOGL) (LSE: BOKU) are Winning

AI News: VSBLTY Groupe Technologies (CSE: VSBY) (OTC: VSBGF) Announces Closing of Third And Final Tranche of Brokered Private Placement Led by Echelon Wealth Partners

Tuesday, October 22, 2019

The #AIEye: IBM (NYSE: $IBM) Announces New Innovations to Watson Everywhere Approach, HPE’s (NYSE: $HPE) Aruba Introduces Switching and Software Innovations

Investorideas.com - Defense Stocks update: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Sells PATSCAN Platform to Ginter Electrical for use at Great American Ball Park