#AIEye
#Podcast 532: #Stocks discussed: (NasdaqGS: $BIDU) (NYSE: $BB)
Baidu
Receives Qualifications to Demonstrate #AutonomousDriving in Chinese City of
Cangzhou, and BlackBerry Announces BlackBerry Alert
Global
#AI in #Military Market to Reach $11.6B by 2025
Point Roberts WA, Vancouver BC – March 15, 2021 – 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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https://www.investorideas.com/Audio/Podcasts/2021/031521-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: (NasdaqGS:BIDU) (NYSE:BB)
Baidu, Inc. (NasdaqGS:BIDU) has received qualifications for 35 vehicles to
demonstrate commercialized autonomous driving operations, and qualifications
for 10 vehicles to conduct driverless testing, by Cangzhou traffic authorities.
According to the press release, this will enable Baidu Apollo – the company’s
open platform for autonomous driving – to “roll out commercialized
demonstrations of its smart transportation services in Cangzhou, and explore
various mechanisms for charging customers, such as discounts, trial tickets,
and voluntary payments from riders, for the first time by any autonomous
driving company in China.”
BlackBerry (NYSE:BB) has announced BlackBerry Alert, a critical event
management (CEM) solution that employs AI to “help commercial organizations
prepare for, respond to and recover from major incidents.” Ramon Pinero, Vice
President Product and Services, BlackBerry, explained:
"Even
with the best preparation and planning, enterprises can encounter emergencies
that disrupt business operations, test organizational resilience, and threaten
revenues and employee safety. This includes a growing number of critical events
– cyberattacks and IT system outages, physical security and man-made incidents,
infectious disease outbreaks, extreme weather, and other unexpected interruptions.
By applying our experience in crisis management, secure communications, and AI
and automation, BlackBerry Alert provides an early warning when threat levels
change, allowing businesses to start taking action to mitigate risks and
minimize impact to business, employees, customers and communities."
Global
AI in Military Market to Reach $11.6B by 2025
A report published by Markets and Markets finds that the global AI
in Military market is expected to grow from $6.3 billion USD in 2020 to $11.6
billion by 2025 with a compound annual growth rate (CAGR) of 13.1 percent in
that forecast period. An excerpt from the report’s description reads:
Based
on technology, the machine learning segment is expected to lead the market from
2020 to 2025. The growth of the market for artificial intelligence in the
military sector can be attributed to the increasing investment in the
development of AI-integrated systems and the rising adoption of cloud-based
applications and high-performance computers. However, protectionist policies
and lack of standard protocols, leading to limited access to military
platforms, are acting as a restraint to the growth of this market.
Sam Mowers, Investorideas.com
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