#AIEye
#Podcast 703: #Stocks discussed: (NasdaqGS: $MSFT) (NYSE: $PG) (NasdaqGS: $BIDU)
#artificialintelligence
Microsoft
Partners with Procter & Gamble for Digital Manufacturing, and JIDU Unveils
New Robocar
Global
#AI in #Fintech Market to Reach $41.16B by 2030
Vancouver, Kelowna, Delta, BC – June 8, 2022 – 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/2022/060822-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/06081MSFT-PG-BIDU.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NYSE:PG) (NasdaqGS:BIDU)
Microsoft (NasdaqGS:MSFT) and Procter & Gamble (NYSE:PG) have announced a new multiyear collaboration that
will “leverage the Microsoft Cloud to help create the future of digital
manufacturing.” The collaboration will have Microsoft Azure “as the
foundation,” according to the press release, and will enhance P&G’s ‘“AI,
machine learning and edge computing services for real-time visibility.” Judson
Althoff, Microsoft's CCO, said:
"We
are excited to help P&G accelerate its digital manufacturing platform using
Microsoft Azure, AI and IIoT to accommodate volatility in the consumer products
industry with innovative, agile solutions that can easily scale based on market
conditions. Our partnership will further P&G's growth and business transformation
through digital technology that seamlessly connects people, assets, workflow
and business processes that promote resiliency."
JIDU, an intelligent electric vehicle company backed
and powered by Baidu, Inc. (NasdaqGS:BIDU), has unveiled its first concept production robocar
ROBO-01. The vehicle boasts “an active deformable structure design, 3D
borderless one-piece large screen, zero-gravity seating, AI pixel lights and
dual max-computing chips.” Xia Yiping, CEO of JIDU, said:
"The
Intelligent Car 3.0 Era is the era of robocars. The transition to this new era
is marked by the shift of driving power from humans to AI, with robocars
ultimately achieving self-generating progress led by AI. The automotive
industry in the 3.0 era will see a seismic shift from a revolution in energy to
a revolution in product attributes. The ultimate goal is to realize a fully
driverless transportation experience. The JIDU robocar aims to meet users'
needs for intelligent travel, in-car intelligent assistance and intelligent
cabin in the new era."
Global
AI in Fintech Market to Reach $41.16B by 2030
A report published by Grandview Research finds that the global AI in
Fintech market is projected to grow from $9.45 billion USD in 2021 to $41.16
billion by 2030, registering a compound annual growth rate (CAGR) of 16.5
percent in the forecast period 2022-30. The following excerpt from the report’s
summary outlines the key ways AI is being leveraged in the Fintech space:
Artificial
intelligence (AI) is widely used in financial organizations to detect and
prevent fraud through digital banking channels. Mobile banking, digital loans,
insurance, credit scores, purchasing and selling operations, and asset management
are all included. AI technology can determine a customer’s typical behavior by
monitoring how they interact and considering their transactions.
Sam Mowers, Investorideas.com
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hear other editions of the AI Eye
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artificial intelligence stocks on Investorideas.com visit
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