#AIEye
#Podcast: #Stocks discussed: (NasdaqGS: $NVDA) (NasdaqGS: $MSFT) (ASX:BRN)
NVIDIA
Collaborating with Microsoft to Accelerate Enterprise AI, and BrainChip
Partners with CVEDIA for Edge AI and Neuromorphic Computing
Global
#AI in Marketing to Reach $77.4B by 2030
Vancouver, Kelowna, Delta, BC – May 25, 2023 – 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
Today’s
podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2023/052523-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2023/artificial-intelligence/05251NVDA-MSFT-BRN.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:NVDA) (NasdaqGS:MSFT) (ASX:BRN)
NVIDIA Corporation (NasdaqGS:NVDA)
has announced that it is integrating its NVIDIA AI
Enterprise software into Microsoft’s (NasdaqGS:MSFT) Azure Machine Learning to help
enterprises accelerate their AI initiatives. The resulting platform, according
to the press release, will enable Azure customers to “build, deploy and manage
customized applications using the more than 100 NVIDIA AI frameworks and tools
that come fully supported in NVIDIA AI Enterprise, the software layer of
NVIDIA’s AI platform.” Manuvir Das, VP of Enterprise Computing at NVIDIA, said:
“With
the coming wave of generative AI applications, enterprises are seeking secure
accelerated tools and services that drive innovation. The combination of NVIDIA
AI Enterprise software and Azure Machine Learning will help enterprises speed
up their AI initiatives with a straight, efficient path from development to
production.”
NVIDIA’s stock is up about 25 percent at press time.
BrainChip Holdings Ltd. (ASX:BRN) and AI-based video analytics
solutions CVEDIA have entered into a partnership to advance the
state-of-the-art in Edge AI and neuromorphic computing. Specifically, this will
involve the integration of the CVEDIA-RT platform for video analytics running
on BrainChip’s Akida neuromorphic IP. Arjan Wijnveen, CEO of CVEDIA, said:
"We’re
excited to partner with BrainChip to bring the benefits of CVEDIA-RT’s
analytics to Akida enabled Edge AI devices enabling developers to scale much
faster without needing the cloud. Analyzing and tuning the complete solution at
the edge, on the target platform that optimizes the applications and
accelerates time to market, propels value added devices and services in
AIoT."
A report published by Market Research Future finds that the global
market for AI in Marketing is projected to grow from $10.1 billion USD in 2021
to $77.4 billion by 2030, registering a compound annual growth rate (CAGR) of
25.2 percent in the forecast period 2022-30. The following excerpt from the
report’s summary outlines the impact of the COVID-19 pandemic on the market:
As
a result of the COVID-19 pandemic, businesses are increasingly turning to AI
services and solutions to solve their problems. In order to help the economy
cope with the stagnating approach caused by the spread of the pandemic, the
government is heavily investing in innovative strategies to implement and
understand the breadth of artificial intelligence. Moreover, the major market
participants are seeking innovative and strategic ways to implement AI-based
products, services, and solutions during the forecast period.
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
Podcast sponsor:
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
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