#AIEye
#Podcast 625: #Stocks discussed: (NYSE: $IBM) (NasdaqGS: $NVDA); #artificialintelligence
IBM
Bringing NLP Enhancements to Watson Discovery, and NVIDIA Announces Omniverse
Replicator
Global
AI in Diagnostics Market to Grow by $2.22B from 2022-26
Point Roberts WA, Vancouver BC – November 12, 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
Listen
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https://www.investorideas.com/Audio/Podcasts/2021/111221-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:IBM) (NasdaqGS:NVDA)
IBM (NYSE:IBM) has announced new natural language processing
(NLP) enhancements planned for its AI-powered search technology Watson
Discovery. Daniel Hernandez, General Manager of Data and AI, IBM, said:
"The
stream of innovation coming to IBM Watson from IBM Research is why global
businesses in the fields of financial services, insurance and legal services
turn to IBM to help detect emerging business trends, gain operational
efficiency and empower their workers to uncover new insights. The pipeline of
natural language processing innovations we're adding to Watson Discovery can
continue to provide businesses with the capabilities to more easily extract the
signal from the noise and better serve their customers and employees."
NVIDIA Corporation (NasdaqGS:NVDA) has announced the NVIDIA Omniverse Replicator,
described in the press release as “a powerful synthetic-data-generation engine
that produces physically simulated synthetic data for training deep neural
networks.” The first implementations of the engine are being broken into two
applications:
one
for NVIDIA DRIVE Sim™, a virtual world for hosting the digital twin of
autonomous vehicles, and another for NVIDIA Isaac Sim™, a virtual world for the
digital twin of manipulation robots.
Rev Lebaredian, vice president of simulation technology
and Omniverse engineering at NVIDIA, explained:
“Omniverse
Replicator allows us to create diverse, massive, accurate datasets to build
high-quality, high-performing and safe datasets, which is essential for AI.
While we have built two domain-specific data-generation engines ourselves, we
can imagine many companies building their own with Omniverse Replicator.”
Global
AI in Diagnostics Market to Grow by $2.22B from 2022-26
A report published by Technavio finds that the global market for AI
in Diagnostics is projected to grow $2.22 billion USD and register a compound
annual growth rate (CAGR) of 32.14 percent from 2022-2026. 54 percent of this
growth is expected to come from the North American market, facilitated,
according to the report, by “the rising prevalence of chronic diseases.” An
excerpt from the report’s summary reads:
The
increasing application of artificial intelligence in the healthcare industry is
notably driving AI in diagnostics market growth, although factors such as
cybersecurity issues may impede market growth.
Sam Mowers, Investorideas.com
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