#AIEye
#Podcast: #Stocks discussed: (NYSE: $HRB) (NasdaqGS: $MSFT) (NYSE: $IBM)
(NasdaqGS: $ADBE)
H&R
Block Leveraging AI from Microsoft, and IBM Expanding Partnership with Adobe
for Generative AI
Global
#AI #TextGenerator Market to Reach $2.2B by 2032
Vancouver, Kelowna, Delta, BC – June 20, 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/2023/062023-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2023/artificial-intelligence/06201HBR-MSFT-IBM-ADBE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:HRB) (NasdaqGS:MSFT) (NYSE:IBM) (NasdaqGS:ADBE)
H&R Block (NYSE:HRB) is partnering with Microsoft (NasdaqGS:MSFT) to leverage the latter’s Azure
OpenAI services as well as its generative AI technology “to build faster and
more consultative tax experiences, unleashing higher levels of innovation to
inspire even more confidence in Block customers at tax time.” Alan Lowden,
H&R Block’s Chief Information Officer, said:
“Every
year, millions of Americans turn to H&R Block for the unique expertise,
help, and financial confidence that only we provide. Now we are coupling our
unmatched tax expertise with groundbreaking technology from OpenAI and
Microsoft to drive even better customer experiences.”
Lowden went on to say:
“Keeping
customer information secure is a top priority for H&R Block, which is why
the investments Microsoft has made in developing AI responsibly, are so
important. Microsoft is the right partner for us and for our customers.”
IBM (NYSE:IBM) has announced plans to expand its partnership with
Adobe (NasdaqGS:ADBE) so as to help brands
successfully accelerate their content supply chains through the implementation
of next-generation AI. This will involve the leveraging of Adobe's family of
creative generative AI models, including Adobe Sensei GenAI services and Adobe
Firefly (currently in beta). Matt Candy, global managing partner, IBM iX
Customer & Experience Transformation, IBM Consulting, explained:
"We're
seeing incredible momentum in AI adoption as more brands turn to generative AI
to create seamless and highly personalized customer experiences to drive growth
and improve productivity. By expanding our strategic partnership with Adobe, we
can help marketers more effectively design AI-powered experiences while
establishing appropriate guardrails, so the AI is built on trust and
transparency principles to promote brand consistency and integrity."
Global
AI Text Generator Market to Reach $2.2B by 2032
A report published by Allied Market Research finds that the global
market for AI Text Generation is projected to grow from $423.8 million in 2022
to $2.2 billion by 2032, registering a compound annual growth rate (CAGR) of
18.2 percent in the forecast period 2023-32. The following excerpt from the
report overview outlines some of the key factors influencing the market’s
growth:
Growing
trend of Natural Language Processing (NLP) technology and rising demand for
cost-effective and quality content generator tools propel the growth of the
global AI text generator market. In addition, increasing demand for personal
assistants and chatbots fuels the growth of the Artificial Intelligence text
generator market. However, ethical and legal concerns and data privacy and
security issues are expected to impede the AI text generator market growth.
Furthermore, data privacy and security issues are expected to provide lucrative
opportunities for the market 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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