The #AIEye - Episode 382: Baidu (NasdaqGS: $BIDU) to Increase #AI Investments to Promoted “New Infrastructure” and Sonasoft’s (OTC: $SSFT) AI Solution with DEC Goes Live

The #AIEye - Episode 382: Baidu (NasdaqGS: $BIDU) to Increase #AI Investments to Promoted “New Infrastructure” and Sonasoft’s (OTC: $SSFT) AI Solution with DEC Goes Live

Conversational Systems Market to Exhibit CAGR of 26.3% from 2020-2027 – Driven by AI-Powered Customer Support

Point Roberts WA, Vancouver BC – July 6, 2020  – 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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Stocks discussed: (NasdaqGS:BIDU)(OTC:SSFT)

Baidu, Inc. (NasdaqGS:BIDU) has announced an increase in its investments into cloud computing, AI education, AI platforms, chipsets, and data centers in the next ten years in an effort to create a "new infrastructure" for the smart economy of the future. According to the press release, this will involve a bid “to have 5 million intelligent cloud servers by 2030 and train 5 million AI professionals within 5 years, which will help facilitate the widespread application of AI in transportation, city management, finance, energy, health care, and manufacturing to eventually achieve industrial intelligence.” Haifeng Wang, Baidu’s CTO, explained:

"New infrastructure--which encompasses emerging technologies like AI, cloud computing, 5G, IoT, and blockchain--will be the driver for China's economic development in the coming decades.”

"As a world-leading AI platform company, Baidu is well positioned to make large contributions to the development of new infrastructure in China, which will support the implementation of AI applications in different industries."

Sonasoft Corp. (OTC:SSFT) announced that its new AI solution with Delaware Electric Cooperative (DEC) went live on June 29. The solution leverages Sonasoft’s AI Bot Engine, NuGene, to predict peak electricity usage, allowing DEC greater efficiency and lower costs. Ankur Garg, Chief AI Officer at Sonasoft, explained:

“The model combines actual electricity load consumption and weather data to accurately forecast peak and non-peak days. This model has been trained and optimized to accurately predict both the type of peak and the precise timing of the peak. Furthermore, it then makes a precise recommendation for when to trigger an LC event and send out a Beat-the-Peak notice. This ability to make intelligent recommendations sets NuGene apart from other AI platforms.”

Conversational Systems Market to Exhibit CAGR of 26.3% from 2020-2027 – Driven by AI-Powered Customer Support

A report from Grand View Research finds that the global Conversational Systems market, which was valued at $5.94 billion in 2019, will exhibit a compound annual growth rate (CAGR) of 26.3 percent in the forecast period 2020-2027. The report attributes this growth “to the rising demand for Artificial Intelligence (AI) powered customer support services.” An excerpt from the report overview expands on this:

AI-powered customer support services help businesses in improving various aspects such as loyalty, online customer experience, preventive assistance, brand reputation, and even generation of revenue streams. Increasing advancements in Natural Language Processing (NLP) and dialog-exchanging tools is expected to fuel the market growth. Increasing deployment of the web business and cloud-based applications is expected to propel the adoption of NLP tools, thereby creating growth opportunities for the market.

Sam Mowers, Investorideas.com

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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 .

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#AI News: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) CEO Provides Corporate Update; @vsbltyco

#AI News: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) CEO Provides Corporate Update; @vsbltyco

Philadelphia, PA - July 6, 2020 (Investorideas.com Newswire) VSBLTY Groupe Technologies Corp. (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) ("VSBLTY"), a leading security and retail software technology company, today released its CEO Update to highlight a number of recent milestones and provide an outlook for the coming quarters.

Read this news featuring VSBLTY in full at https://www.investorideas.com/CO/VSBY/news/2020/07061CorporateUpdate.asp

Financial Highlights

VSBLTY Founder & CEO Jay Hutton said, "VSBLTY is pleased to announce strong second quarter results on the back of the recently announced Q1 results. The company recognized revenue of $407,000 USD in Q1 and will follow up with revenue recognition of more than $500,000 USD in Q2."

He further reported, "In February of 2020, the company began working on a product extension and licensing agreement with a Fortune 500 international corporation with whom the company has had a long-standing commercial and strategic partnership. This agreement accelerates the product roadmap of the company while providing a baseline of revenue.

Oriented around computer vision and the DataCaptor™ software module, this agreement defines a specific initial customer but also stipulates how the companies will work together to offer the solution to other joint customers in the sports and entertainment vertical. The company views this agreement as the foundation to a highly collaborative commercial offering that has no technical peer."

COVID-19 Impact

Like many companies, VSBLTY faced some operational challenges in the second quarter due to the unprecedented COVID-19 situation. Hutton commented, "We are in challenging times, but I'm proud to say that our team has responded to enable the company to execute and position ourselves for growth. We secured $200,000 USD in Payroll Protection Funds to ensure we did not lose any of our momentum. In the face of the headwinds we encountered over the last several months we have leveraged our existing capabilities to provide innovative technology solutions to assist with the reopening of the economy. We anticipate strong results in both Q3 and Q4 based on the continued progress on our Latin American Smart City Security initiatives, the anticipated growth in the retail marketplace now that the economy is reopening along with several new opportunities we are pursuing with our COVID-19 response solutions."

Retail Outlook

"We are pleased to update that while the company experienced second quarter delays deploying several projects in the retail marketplace, none of these projects were cancelled and we are anticipating a robust third quarter as retail momentum has already started to return. Beginning in July, VSBLTY will participate in a smart, custom digital display program with a major retail drug store chain. This project will include interactive technology designed to educate consumers with critical, educational information so that they can better manage their own health and wellness," Hutton said.

COVID-19 Technology Solutions

"As the economy begins to reopen there are several new and unique challenges faced by venues and retailers which include density tracking and capacity management. The VSBLTY technology suite is ideally suited to help address these challenges with its computer vision COVID-19 response solutions and we anticipate booking several projects in this vertical in the third quarter. In fact, the company has already begun a deployment with one of the world's most renowned theme parks as part of theirreopening protocols to keep guests and staff safe," according to the VSBLTY CEO.

"The increased regulation related to ‘return to work' protocols has exploded the demand for intelligent kiosk solutions that confirm persons authorized to be in a location as well as conducting thermal checks," he said. "VSBLTY is pursuing the objective of being the ‘go to' solution for embedded software in the facial recognition/thermal detection marketplace. VSBLTY builds solutions that will be incorporated into hardware platforms sold through multiple globally recognized brands. This demand leverages core capability that VSBLTY has already perfected and signals an unanticipated growth area. We expect the kiosk marketplace will represent tens of thousands of units in the coming quarters as the new protocols get adopted across a wide range of industries. VSBLTY is playing an embedded systems role with multiple kiosk manufacturers and we are confident that we will play an important part in this emerging market," Hutton added.

Security Outlook

Hutton also said, "On the security side of the business the smart city project in Mexico City is executing successfully and returning tangible results in crime reduction. The addition of thermal sensing capability in Miguel Hildalgo has led to product expansion that can be applied in multiple markets. Expansion to Colombia was announced by the company in the second quarter and is expected to scale in the coming months."

On May 11, 2020, VSBLTY announced a deal with a leading cyber security firm that is focused on cyber and systems security for buildings. Hutton commented on the importance of the agreement, "COVID-19 has accelerated the adoption of safety and security-related technology for buildings. Access control and employee safety are enhanced through facial recognition and ID data in real time. The addition of temperature monitoring and fever checks of people within facilities is providing real comfort for employees and visitors."

FORWARD-LOOKING STATEMENT

Certain statements in this news release constitute forward-looking information within the meaning of applicable securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects," "believes," "anticipates," "budget," scheduled," "estimates," "forecasts," "intends," "plans," and variations of such words and phrases, or by statements that certain actions, events or results "may," "will," "could," "would," or "might," "be taken," "occur," or "be achieved." Those forward- looking statements include a number of statements related to the outlook for future operations, including statements about VSBLTY's business plans, booking new projects, revenue growth, Q3 and Q4 results and new opportunities presented by COVID-19 security solutions.

Forward-looking statements are neither historical facts nor assurances of future performance. Forward-looking information contained in this news release is based on certain assumptions regarding, among other things, expected growth, results of operations, performance, industry trends and growth opportunities. While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to: pricing for the Company's products and services; the ability to enter into contracts and ability of third parties to honor their contractual obligations; the decisions of third parties over which the Company has no control; changes to government regulations; force majeure events; limits on the ability of the Company to implement and fulfill its business strategies; general economic conditions; adverse industry events; operating costs exceeding the Company's expectations; loss of markets or failure to enter new markets; future legislative and regulatory developments; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of the Company to implement its business strategies including expansion plans; and competition. The foregoing factors are not intended to be exhaustive, and readers should refer to the detailed risk factors described in VSBLTY's Annual Information Form which is available under the Company's profile at www.sedar.com. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Forward-looking statements contained in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

This news release includes financial outlook related to future revenue and financial performance, which is subject to the same assumptions, risk factors, limitations, and qualifications as set forth in the above paragraphs. Such financial projections contained in this news release were made by management as of the date of this news release and are provided for the purpose of providing readers with an understanding of the Company's business plan. Readers are cautioned that the financial outlook contained in this document should not be used for purposes other than for which it is disclosed herein.

Investor Relations

MarketSmart Communications Inc.
+1-877-261-4466
info@marketsmart.ca

CHF Capital Markets
Cathy Hume, CEO
+1-416-868-1079, x231
cathy@chfir.com

CONTACT: Linda Rosanio

609-472-0877
lrosanio@vsblty.net

About VSBLTY (www.vsblty.net)

Headquartered in Philadelphia, VSBLTY (CSE: VSBY) (Frankfurt:5VS) (OTC: VSBGF) ("VSBLTY") 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.

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

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

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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. Disclosure: VSBLTY is a paid PR, news and social media client on Investorideas.com as of March 1, 2019  https://www.investorideas.com/About/Disclaimer.asp

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#AIEye Episode 381: CoreLogic (NYSE: $CLGX) Announces #AI-Driven Real Estate Platform OneHome and IDOL from Micro Focus (NYSE: $MFGP) Named Leader in AI-Based Text Analytics

#AIEye Episode 381: CoreLogic (NYSE: $CLGX) Announces #AI-Driven Real Estate Platform OneHome and IDOL from Micro Focus (NYSE: $MFGP) Named Leader in AI-Based Text Analytics

AI-Based #Cybersecurity Market to Grow by $16.53 Billion from 2020-2024

Point Roberts WA, Vancouver BC – July 2, 2020  – 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/2020/070220-AI-Eye.mp3

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

Stocks discussed: (NYSE:CLGX) (NYSE:MFGP)

CoreLogic, Inc. (NYSE:CLGX) has announced OneHome, an AI-driven platform described as “a virtual, collaborative platform for real estate agents and their clients looking to buy, sell or make improvements to a home.” Features of the platform include: “a digital collaboration platform for real estate agents and their clients, artificial intelligence-enabled search to find the right home, an intuitive guide for the homebuyer and agent throughout the process and a virtual marketplace that seamlessly connects homebuyers to mortgage, property and casualty insurance and home improvement options.” Frank Martell, President and CEO of CoreLogic, said:

"We believe that the OneHome tool is a major step forward in providing millions of home buyers with a richer and more efficient experience when buying and owning a home, and we are thrilled to continue to enable real estate professionals and other participants around the U.S. to make the dream of homeownership a reality every day."

Micro Focus International plc (NYSE:MFGP) has been named a leader in the 2020 Forrester AI-Based Text Analytics Platforms Wave Report for IDOL, its unified AI-based platform. Rick Carlson, VP of Product Management, Information Management & Governance, Micro Focus, explained:

"With hundreds of advanced analytics functions, as well as an open and scalable architecture for third-party integration, IDOL lends itself to supporting a broad spectrum of diverse AI use cases. Customers of IDOL have long recognized its ability to serve as a single platform that comprehensively addresses all of their unstructured data analytics needs, and we believe its proven performance has earned it recognition as a Leader from Forrester."

AI-Based Cybersecurity Market to Grow by $16.53 Billion from 2020-2024

A report from Technavio finds that the global AI-based Cybersecurity market will grow by $16.53 billion from 2020-2024 while decelerating with compound annual growth rate (CAGR) of around 24 percent. An excerpt from the report snapshot outlines some key drivers and trends observed in the market:

The increasing adoption of cloud-based services is one of the major factors driving the market growth. Enterprises are adopting cloud-based services for several applications such as authentication processes, video management, biometric information storage, and big data computing. Cloud-based solutions cater to the varying need of customers owing to their flexibility and scalability in services. Industries such as financial services, healthcare, and investigation firms generate vast volumes of data that is stored on a cloud platform. SMEs are steadily adopting cloud-based services to ensure the utmost security and maintain end-user trust. Sectors such as BFSI, government, and healthcare, are majorly susceptible to cybercrimes as they produce and store sensitive customer information. Although the growth momentum will decelerate, the artificial intelligence-based cybersecurity market will continue to register a CAGR of about 24% throughout the forecast period.

Sam Mowers, Investorideas.com

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

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 .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

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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. 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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#AIEye Episode 380: Hitachi (OTC: $HTHIY) Collaborating with ThinkCyte on AI-Driven Cell Analysis and Sorting System, Loop Insights (TSXV: $MTRX.V) Launching #AI Cloud Software Product

#AIEye Episode 380: Hitachi (OTC: $HTHIY) Collaborating with ThinkCyte on AI-Driven Cell Analysis and Sorting System, Loop Insights (TSXV: $MTRX.V) Launching #AI Cloud Software Product

Global Enterprise AI Market to Reach $25 Billion by 2026

Point Roberts WA, Vancouver BC – July 1, 2020  – 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/2020/070120-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/07011AIEye-Hitachi-LoopInsights.asp

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

Stocks discussed: (OTC:HTHIY) (TSXV:MTRX)

Hitachi, Ltd. (OTC:HTHIY) has announced a collaboration with biotech firm ThinkCyte, Inc. to develop an artificial intelligence (AI)-driven cell analysis and sorting system. This will, according to the press release, involve a combination of “ThinkCyte's high-throughput and high-content label-free single cell sorting technology and Hitachi's know-how and capability [of] producing stably operative instruments on a large scale.” The fruit of this collaboration will be for the two firms to “develop a novel reliable system to enable high-speed label-free cell isolation with high accuracy, which has been difficult to achieve with the existing cell sorting techniques, and to realize stable, low-cost and large-scale production of cells for regenerative medicine and cell therapy.”

Transformative artificial intelligence solutions provider Loop Insights Inc. (TSXV:MTRX) has announced the launch of "Loop Cloud", an Application Programming Interface (API) cloud software product. Loop CSO David Salisbury explained:

“Brick and mortar retailers struggle to make sense of their data and Loop solves this problem. Not only that, we provide an automated tool that creates actionable strategies for curating a better shopper experience and increasing operational efficiencies."

Loop Cloud’s release deliberately coincides with Covid-19 government restart plans in Canada, with the aim to “continue to attract large-scale venues and business operators searching for turnkey solutions as they reopen their doors.”

Global Enterprise AI Market to Reach $25 Billion by 2026

A report from Verified Market Research finds that the global Enterprise AI market will grow from $1.27 billion in 2018 to $25 billion by 2026 with a compound annual growth rate (CAGR) of 44.9 percent in the forecast period 2019-2026. Enterprise AI is defined by the report as “the ability to implant AI methodology, which combines the human capacities for learning, perception, and interaction all at a level of complexity that will help the enterprises to predict business outcomes.” An excerpt from the report’s description outlines trends observed in the market:

Over the last few years, the demand for AI technology from various businesses has increased owing to the benefits. The new development & innovation across industries and deployment of cloud-based solutions that offer low operational and maintenance costs, and more scalability are some of the factors that are expected to propel the growth of the market over the forecast period. However, the lack of expert personnel, concerns related to data piracy, and the slow digitization rate affecting the adoption of enterprise AI solutions in the emerging economies are also expected to affect the growth of the market. Moreover, growing demand for AI-based solutions and platforms from various industries such as financial services, manufacturing, automotive, and advertising creating opportunities for the market to grow.

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 or become an Investor Ideas member

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 .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

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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. 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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