AI Technology Advancing Cloud Computing (TSXV: $KSUM.V) (NASDAQ: $NVDA) (NASDAQ: $SMCI) (CBOE: $VERS) @nvidia @Supermicro_SMCI @helloVERSES

AI Technology Advancing Cloud Computing (TSXV: $KSUM.V) (NASDAQ: $NVDA) (NASDAQ: $SMCI) (CBOE: $VERS) @nvidia @Supermicro_SMCI @helloVERSES

 

April 3, 2024 –Investorideas.com, a global news source and expert investing resource covering AI stocks issues a snapshot for the future of the AI cloud market featuring Alset Capital Inc. (TSXV:KSUM)(FSE:1R60, WKN:A3ESVQ), a company aiming to be a pure-play pubco operator of AI specialized computing infrastructure.

 

Read this article featuring KSUM in full at https://www.investorideas.com/news/2024/technology/04031AI-Cloud-Computing.asp

 

According to AnalyticsInsight, “The dawn of the digital era has ushered in unprecedented advancements, with Artificial Intelligence (AI) emerging as the cornerstone of innovation across industries. Among the myriad applications of AI, the integration of AI into cloud computing has proven to be a game-changer, giving rise to the Cloud AI market. The Cloud AI market size was valued at US$60.08 billion in 2023 and is anticipated to reach US$270.94 billion by 2028, with a CAGR of 35.15% over the forecast period.”

 

Alset Capital Inc. (TSXV:KSUM)(FSE:1R60, WKN:A3ESVQ) just announced it has entered into a loan agreement with Cedarcross International Technologies Inc., with respect to a loan for a principal amount of $3,700,000 to purchase 10 Nvidia H100 HGX GPU servers capable of leasing 700,000 compute hours.

 

From the news: Cedarcross’ mission is to democratize access to high-performance AI computing. Cedarcross offers access to the world’s fastest AI servers, heralding a new era of technological advancement. By offering access to the world’s fastest AI servers, powered by Nvidia’s H100 HGX GPUs, Cedarcross empowers enterprises with computing capabilities, exceeding 700,000 hours, with plans to increase its computing capabilities in the future.

Through a strategic hosting relationship with a leading North American data center provider boasting an extensive network of over 40+ facilities across key markets, Cedarcross ensures seamless connectivity and reliability. This partnership fortifies Cedarcross’s infrastructure with essential features such as fiber optic connectivity, UPS backup, and localized computing capabilities.

 

From the news: Cedarcross’s strategic approach to leasing compute resources to enterprises clients demonstrates a clear pathway to significant revenue growth. By facilitating the training of AI workloads, Cedarcross not only plans to generate cash flows but also scales its hardware infrastructure fleet to meet evolving market demand for compute. Leveraging its industry-leading partners, Cedarcross is poised to drive streamlined growth and innovation in the AI sector.

 

In consideration of the Loan, Alset’s management and Board of Directors reviewed similar transactions in the AI sector, including Magnetar Capital’s and Blackstone’s $2.3B debt facility to CoreWeave in 2023, secured by Nvidia chips.

 

"The strategic alliance and loan between Alset and Cedarcross signifies our commitment to fostering innovation in the AI sector," said Morgan Good, CEO of Alset. "By providing Cedarcross with the necessary financial support, we aim to facilitate the growth of cutting-edge technologies that have the potential to revolutionize a multitude of industries."

 

"The strategic loan from Alset will enable Cedarcross to expand its infrastructure and fulfill the increasing demand for high-performance AI computing," said Jason Hawkins, CEO of Cedarcross. "With this capital infusion, we are well-positioned to continue our mission of democratizing access to advanced AI technologies and driving innovation across a multitude sectors."

 

The Company has a 49% ownership stake in Cedarcross and is a “related party” of the Company within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). As such, the Loan constitutes a “related party transaction” within the meaning of MI 61-101.

 

In mid-March, SAP SE (NYSE: SAP) and AI leader Nvidia (NASDAQ: NVDA) announced a partnership expansion focused on accelerating enterprise customers' ability to harness the transformative power of data and generative AI across SAP's portfolio of cloud solutions and applications.

 

From the news: The collaborating to build and deliver SAP Business AI, including scalable, business-specific generative AI capabilities inside the Joule® copilot from SAP and across SAP's portfolio of cloud solutions and applications – all of which are underpinned by the SAP generative AI hub. The generative AI hub facilitates relevant, reliable and responsible business AI and provides instant access to a broad range of large language models (LLMs).

 

From the news: As part of SAP's ongoing initiative to build generative AI directly into the applications that power the world's businesses, the partnership aims to help customers adopt generative AI capabilities at scale across their organizations. SAP will use Nvidia’s generative AI foundry service to fine-tune LLMs for domain-specific scenarios and deploy applications with new Nvidia NIM™ microservices. SAP and Nvidia plan to make the new integrated capabilities available by the end of 2024.

 

"Enterprise customers want to leverage state-of-the-art technology that delivers real business value," said Christian Klein, CEO and Member of the Executive Board of SAP SE. "Strategic technology partnerships, like the one between SAP and Nvidia, are at the core of our strategy to invest in technology that maximizes the potential and opportunity of AI for business. Nvidia's expertise in delivering AI capabilities at scale will help SAP accelerate the pace of transformation and better serve our customers in the cloud."

 

Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, just announced its latest portfolio to accelerate the deployment of generative AI. The Supermicro SuperCluster solutions provide foundational building blocks for the present and the future of large language model (LLM) infrastructure.

 

From the news: The three powerful Supermicro SuperCluster solutions are now available for generative AI workloads. The 4U liquid-cooled systems or 8U air-cooled systems are purpose-built and designed for powerful LLM training performance, as well as large batch size and high-volume LLM inference. A third SuperCluster, with 1U air-cooled Supermicro Nvidia MGX™ systems, is optimized for cloud-scale inference.

 

"In the era of AI, the unit of compute is now measured by clusters, not just the number of servers, and with our expanded global manufacturing capacity of 5,000 racks/month, we can deliver complete generative AI clusters to our customers faster than ever before," said Charles Liang, President and CEO of Supermicro. "A 64-node cluster enables 512 Nvidia HGX H200 GPUs with 72TB of HBM3e through a couple of our scalable cluster building blocks with 400Gb/s Nvidia Quantum-2 InfiniBand and Spectrum-X Ethernet networking. Supermicro's SuperCluster solutions combined with Nvidia AI Enterprise software are ideal for enterprise and cloud infrastructures to train today's LLMs with up to trillions of parameters. The interconnected GPUs, CPUs, memory, storage, and networking, when deployed across multiple nodes in racks, construct the foundation of today's AI. Supermicro's SuperCluster solutions provide foundational building blocks for rapidly evolving generative AI and LLMs."

 

VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF), a cognitive computing company developing next-generation intelligent software systems announced in March that Blue Yonder, a leader in supply chain digital transformation has joined the Genius Beta program.

 

“Blue Yonder was one of the earliest partners to align with the VERSES vision so it's a natural progression to expand the relationship from using our Wayfinder solution into the Genius beta,” said Gabriel René, Founder and CEO of VERSES. “By leveraging Genius, Blue Yonder will be the first supply chain company to access advanced intelligent automation capabilities.”

 

Blue Yonder intends to implement Genius to better unify its expansive enterprise data into a common knowledge model on which to interrogate, simulate and automate optimal decision-making and workflows within warehouses and distribution centers.

 

Genius is a natural computing system modeled after a scientific breakthrough in understanding biological intelligence. Conventional artificial intelligence (AI) models excel at pattern recognition and reconstruction as a result of being trained on enormous data sets, and once trained are static. Conversely, Genius generates intelligent agents with substantially less training data that can learn, plan, and adapt autonomously in real time.

 

While AI has been a driving force for Blue Yonder, the company recognizes that adaptive intelligence is a key factor in helping its customers succeed. Blue Yonder’s participation in the Genius Beta program signals the company’s ongoing commitment to market leadership and innovation.

 

Valuates Reports says. “Using cloud-based AI to its full potential has become essential in the enterprise evolution environment, changing the way firms function. Cost savings, which are a result of AI being used in cloud computing, are one of these benefits that stand out for efficiency.”

 

For investors looking at the future potential of AI, no one can say you have your head in the ‘clouds’ if you bet on Nvidia. Now the hunt is on for what’s next.

 

Research more AI stocks with Investorideas.com free stock directory

https://www.investorideas.com/TSS/Stock_List.asp#Robotics

 

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Hybrid Aircraft Market Size Expected To Reach $13.2 Billion By 2030 As Demand Grows For Commercial Applications; @FNMgroup @KULRTech

Hybrid Aircraft Market Size Expected To Reach $13.2 Billion By 2030 As Demand Grows For Commercial Applications; @FNMgroup  @KULRTech

 

Palm Beach, FL – April 2, 2024 – FN Media Group News Commentary – According to a report from MarketsAndMarkets projected that the Hybrid Aircraft Market size is estimated to grow from USD 1.2 billion in 2023 to USD 13.2 billion by 2030, at a CAGR of 41.6% from 2023 to 2030.   It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.  Short-haul range connectivity refers to air travel over relatively short distances, typically between nearby cities or regions. These flights are usually within a few hundred to a few thousand kilometers, and they are commonly served by regional airlines or low-cost carriers. Short-haul flights are essential for connecting smaller cities, supporting regional economies, and providing convenient transportation options for travelers. Hybrid aircraft, especially those with electric propulsion systems as primary source, are well-suited for short-haul flights because they can operate with greater fuel efficiency compared to traditional aircraft. Electric propulsion systems have the potential to significantly reduce fuel consumption and operating costs, which is particularly attractive for airlines operating frequent short-haul flights.  Short-haul flights, despite their relatively short distances, can collectively contribute to a substantial carbon footprint due to the high number of takeoffs and landings involved. Hybrid aircraft offer the advantage of reduced emissions and lower noise levels, making them more environmentally friendly.

 

Read this in full at https://www.financialnewsmedia.com/hybrid-aircraft-market-size-expected-to-reach-13-2-billion-by-2030-as-demand-grows-for-commercial-applications/

 

Short-haul flights often operate in and out of airports located in or near urban areas. Hybrid aircraft, particularly those with electric propulsion, produce less noise during takeoff and flight, making them more suitable for operating in noise-sensitive regions. This can lead to reduced community opposition and support for expanding regional flight operations.”  Active defense stocks in news today include:  KULR Technology Group, Inc. (NYSE: KULR), Joby Aviation, Inc. (NYSE: JOBY), Lilium N.V. (NASDAQ: LILM), Archer Aviation Inc. (NYSE: ACHR), Blade Air Mobility, Inc. (NASDAQ: BLDE).

 

MarketsAndMarkets continued: “Hybrid-electric aircraft can have faster charging times compared to traditional aircraft refueling processes, which can be advantageous for airlines running frequent short-haul flights. This reduces turnaround times at airports, enabling more efficient flight scheduling and improved utilization of aircraft. Short-haul flights serve regional markets, connecting smaller cities and remote locations that may not have the infrastructure to accommodate large airports. Hybrid aircraft can offer flexible and economically viable solutions for regional air travel, supporting regional connectivity and economic development. High chance of Governments and regulatory bodies prioritizing and supporting the development and adoption of hybrid aircraft for short-haul flights could be seen in upcoming years. They recognize the potential environmental and economic benefits of such hybrid-aircraft in reducing emissions, noise pollution, and enhancing regional connectivity. As hybrid aircraft technology continues to advance, their capabilities, reliability, and performance improve, making them increasingly viable for short-haul operations. Advancements in battery technology, electric motors, and power management systems contribute to the feasibility of electric and hybrid-electric aircraft for regional flights.”

 

KULR Technology Group, Inc. (NYSE American: KULR) Secures Over $1M Contract from H55 for Proprietary, Patented Thermal Runaway Shield Technology – KULR Technology Group, (the “Company” or “KULR”), renowned for its contributions to sustainable energy management, today unveiled a commitment exceeding $1 million with H55 Inc. (“H55”), a pioneer and global leader in electric propulsion. H55 will employ KULR’s unique Thermal Runaway Shield (“TRS”) within its propulsion systems that equip fleets of industry behemoths such as Pratt & Whitney and CAE Inc. (NYSE: CAE). According to the agreement, the initial delivery phase began in Q1 2024. Embedding KULR’s TRS into H55’s Electrical Propulsion System (“EPS”) is critical for aligning with the European Union Aviation Safety Agency (“EASA”) safety protocols. H55 harnesses KULR’s innovative TRS to construct systems that adhere to stringent safety measures while retaining efficiency and energy density. EASA recently approved the H55 EPS solution, paving the way for the critical compliance demonstration phase of their certification program (https://h55.ch/news/).

 

Michael Mo, CEO of KULR, reflected on the significance of this collaboration. “Working with H55 epitomizes our commitment to setting new standards for safety in electric aviation. With H55, we reinforce our role in addressing the escalating compliance requisites from regulatory bodies such as EASA and the FAA. Our goal is to ensure our technology not only fulfills but also anticipates the evolving safety needs of the electric aviation sector.”

 

Martin Larose, CEO of H55, also acknowledged the positive side of this collaboration. “Tightening the relationship with KULR has marked a transformative step for us. The TRS technology from KULR has enabled us to push the safety norms and position H55 as a global leader. We are equipped to offer products that defy the rigorous requirements of EASA while preserving the high caliber and compactness our clients rely on. This synergy with KULR promises significant progress.”

 

According to a recent forecast, the global hybrid aircraft market is estimated to grow from USD 1.2 billion in 2023 to USD 13.2 billion by 2030, at a CAGR of 41.6% from 2023 to 2030.  KULR continues to pioneer revolutionary energy management solutions, propelling the electric aviation industry forward.  CONTINUED…  Read this entire press release and more news for KULR at:  https://www.financialnewsmedia.com/news-kulr/

 

In other defense industry developments of note:

 

Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service, recently announced it has acquired an existing facility at Dayton International Airport and begun hiring in support of the Company’s initial manufacturing operations in Dayton, Ohio.

 

 

 

The facility acquired by Joby will be fitted out to support initial manufacturing operations in Dayton, which are expected to begin later this year. The facility will be used for the manufacturing of aircraft parts in support of Joby’s Pilot Production Line in Marina, California.

 

Joby’s acquisition of the on-airport facility is the first step in the Company’s plan to develop facilities capable of building up to 500 aircraft per year in Dayton, which is expected to include the design and construction of a larger greenfield factory.

Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has recently teamed up with Atlantic Aviation, a leading fixed-based operation (FBO) and aviation services provider, to prepare Atlantic’s network of more than 100 FBOs for the Lilium Jet’s regional upcoming air mobility service launch in the United States.

 

This strategic partnership will work to ensure seamless compatibility between the Lilium Jet and Atlantic’s network of aviation assets across North America, enabling Advanced Air Mobility operations at current and future locations. Atlantic operates sites at more than 30 airport locations within Lilium’s planned launch markets in Florida, Southern California, the Northeast corridor, and Texas.

 

Archer Aviation Inc., (NYSE: ACHR) a leader in the development of electric vertical takeoff and landing (“eVTOL”) aircraft, recently announced the successful completion of rigorous battery pack drop testing conducted at a National Institute for Aviation Research lab. This marks a significant milestone in the development of the company’s proprietary electric propulsion system for its Midnight aircraft in what is seen as one of the most difficult tests to pass for an eVTOL aircraft, putting Archer in a strong position to successfully complete this same test in upcoming for-credit testing with the FAA.

 

Over the course of this week, Archer’s engineering and certification teams led Midnight’s proprietary battery packs through three 50-foot drop tests simulating extreme impact scenarios. Tested at varying states of charge, 0%, 30%, and 100%, the battery packs withstood the impact without any signs of failure and, remarkably, continued to function properly.

 

Blade Air Mobility, Inc. (NASDAQ: BLDE), recently announced financial results for the fourth quarter ended December 31, 2023.  “After a rewarding year of strong growth, flight profit margin expansion and cost structure improvements, we are now confident to begin providing guidance to our investors for positive Adjusted EBITDA for the year-ending December 31, 2024 and double-digit Adjusted EBITDA in 2025(2),” said Rob Wiesenthal, Blade’s Chief Executive Officer. “Though Q4 is a seasonally light quarter for Blade, we remained focused on continued margin enhancement and significant additions to our dedicated aircraft fleet, highlighted by the acquisition of eight jets for our organ transportation business. These initiatives will further improve our competitive positioning without compromising the benefits of our asset-light model, as the vast majority of our Medical flights and nearly 100% of our Passenger flights will continue to be serviced by third-party owned and operated aircraft.”

 

“We’ve made huge progress transitioning more and more of our Medical flights to dedicated aircraft that provide us with fixed cost leverage as we grow and are strategically based near our hospital customers,” said Will Heyburn, Blade’s Chief Financial Officer. “This is a win-win that has enabled us to increase our Flight Profit per trip while reducing costs for our hospital customers. When paired with our growing fleet of medical vehicles and new organ placement offering, we believe we’ve built the most cost-effective and reliable end-to-end organ logistics platform in the United States. At the same time, we improved our Passenger flight profit margins by five percentage points in Q4 2023 versus the prior year, demonstrating our path to full-year profitability in the Passenger segment, which we expect in 2025.”

 

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AI Stocks in the Cloud – (TSXV: $KSUM.V) (NASDAQ: $NVDA) (NASDAQ: $SMCI) (CBOE: $VERS) @nvidia @Supermicro_SMCI @helloVERSES

AI Stocks in the Cloud – (TSXV: $KSUM.V) (NASDAQ: $NVDA) (NASDAQ: $SMCI) (CBOE: $VERS) @nvidia @Supermicro_SMCI @helloVERSES

 

 

April 2, 2024 –Investorideas.com, a global news source and expert investing resource covering AI stocks issues a snapshot for the future of the AI cloud market featuring Alset Capital Inc. (TSXV:KSUM)(FSE:1R60, WKN:A3ESVQ), a company aiming to be a pure-play pubco operator of AI specialized computing infrastructure.

 

Read this article featuring KSUM in full at https://www.investorideas.com/news/2024/technology/04021AI-Stocks.asp

 

According to AnalyticsInsight, “The dawn of the digital era has ushered in unprecedented advancements, with Artificial Intelligence (AI) emerging as the cornerstone of innovation across industries. Among the myriad applications of AI, the integration of AI into cloud computing has proven to be a game-changer, giving rise to the Cloud AI market. The Cloud AI market size was valued at US$60.08 billion in 2023 and is anticipated to reach US$270.94 billion by 2028, with a CAGR of 35.15% over the forecast period.”

 

Alset Capital Inc. (TSXV:KSUM)(FSE:1R60, WKN:A3ESVQ) just announced it has entered into a loan agreement with Cedarcross International Technologies Inc., with respect to a loan for a principal amount of $3,700,000 to purchase 10 Nvidia H100 HGX GPU servers capable of leasing 700,000 compute hours.

 

From the news: Cedarcross’ mission is to democratize access to high-performance AI computing. Cedarcross offers access to the world’s fastest AI servers, heralding a new era of technological advancement. By offering access to the world’s fastest AI servers, powered by Nvidia’s H100 HGX GPUs, Cedarcross empowers enterprises with computing capabilities, exceeding 700,000 hours, with plans to increase its computing capabilities in the future.

Through a strategic hosting relationship with a leading North American data center provider boasting an extensive network of over 40+ facilities across key markets, Cedarcross ensures seamless connectivity and reliability. This partnership fortifies Cedarcross’s infrastructure with essential features such as fiber optic connectivity, UPS backup, and localized computing capabilities.

 

From the news: Cedarcross’s strategic approach to leasing compute resources to enterprises clients demonstrates a clear pathway to significant revenue growth. By facilitating the training of AI workloads, Cedarcross not only plans to generate cash flows but also scales its hardware infrastructure fleet to meet evolving market demand for compute. Leveraging its industry-leading partners, Cedarcross is poised to drive streamlined growth and innovation in the AI sector.

 

In consideration of the Loan, Alset’s management and Board of Directors reviewed similar transactions in the AI sector, including Magnetar Capital’s and Blackstone’s $2.3B debt facility to CoreWeave in 2023, secured by Nvidia chips.

 

"The strategic alliance and loan between Alset and Cedarcross signifies our commitment to fostering innovation in the AI sector," said Morgan Good, CEO of Alset. "By providing Cedarcross with the necessary financial support, we aim to facilitate the growth of cutting-edge technologies that have the potential to revolutionize a multitude of industries."

 

"The strategic loan from Alset will enable Cedarcross to expand its infrastructure and fulfill the increasing demand for high-performance AI computing," said Jason Hawkins, CEO of Cedarcross. "With this capital infusion, we are well-positioned to continue our mission of democratizing access to advanced AI technologies and driving innovation across a multitude sectors."

 

The Company has a 49% ownership stake in Cedarcross and is a “related party” of the Company within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). As such, the Loan constitutes a “related party transaction” within the meaning of MI 61-101.

 

In mid-March, SAP SE (NYSE: SAP) and AI leader Nvidia (NASDAQ: NVDA) announced a partnership expansion focused on accelerating enterprise customers' ability to harness the transformative power of data and generative AI across SAP's portfolio of cloud solutions and applications.

 

From the news: The collaborating to build and deliver SAP Business AI, including scalable, business-specific generative AI capabilities inside the Joule® copilot from SAP and across SAP's portfolio of cloud solutions and applications – all of which are underpinned by the SAP generative AI hub. The generative AI hub facilitates relevant, reliable and responsible business AI and provides instant access to a broad range of large language models (LLMs).

 

From the news: As part of SAP's ongoing initiative to build generative AI directly into the applications that power the world's businesses, the partnership aims to help customers adopt generative AI capabilities at scale across their organizations. SAP will use Nvidia’s generative AI foundry service to fine-tune LLMs for domain-specific scenarios and deploy applications with new Nvidia NIM™ microservices. SAP and Nvidia plan to make the new integrated capabilities available by the end of 2024.

 

"Enterprise customers want to leverage state-of-the-art technology that delivers real business value," said Christian Klein, CEO and Member of the Executive Board of SAP SE. "Strategic technology partnerships, like the one between SAP and Nvidia, are at the core of our strategy to invest in technology that maximizes the potential and opportunity of AI for business. Nvidia's expertise in delivering AI capabilities at scale will help SAP accelerate the pace of transformation and better serve our customers in the cloud."

 

Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, just announced its latest portfolio to accelerate the deployment of generative AI. The Supermicro SuperCluster solutions provide foundational building blocks for the present and the future of large language model (LLM) infrastructure.

 

From the news: The three powerful Supermicro SuperCluster solutions are now available for generative AI workloads. The 4U liquid-cooled systems or 8U air-cooled systems are purpose-built and designed for powerful LLM training performance, as well as large batch size and high-volume LLM inference. A third SuperCluster, with 1U air-cooled Supermicro Nvidia MGX™ systems, is optimized for cloud-scale inference.

 

"In the era of AI, the unit of compute is now measured by clusters, not just the number of servers, and with our expanded global manufacturing capacity of 5,000 racks/month, we can deliver complete generative AI clusters to our customers faster than ever before," said Charles Liang, President and CEO of Supermicro. "A 64-node cluster enables 512 Nvidia HGX H200 GPUs with 72TB of HBM3e through a couple of our scalable cluster building blocks with 400Gb/s Nvidia Quantum-2 InfiniBand and Spectrum-X Ethernet networking. Supermicro's SuperCluster solutions combined with Nvidia AI Enterprise software are ideal for enterprise and cloud infrastructures to train today's LLMs with up to trillions of parameters. The interconnected GPUs, CPUs, memory, storage, and networking, when deployed across multiple nodes in racks, construct the foundation of today's AI. Supermicro's SuperCluster solutions provide foundational building blocks for rapidly evolving generative AI and LLMs."

 

VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF), a cognitive computing company developing next-generation intelligent software systems announced in March that Blue Yonder, a leader in supply chain digital transformation has joined the Genius Beta program.

 

“Blue Yonder was one of the earliest partners to align with the VERSES vision so it's a natural progression to expand the relationship from using our Wayfinder solution into the Genius beta,” said Gabriel René, Founder and CEO of VERSES. “By leveraging Genius, Blue Yonder will be the first supply chain company to access advanced intelligent automation capabilities.”

 

Blue Yonder intends to implement Genius to better unify its expansive enterprise data into a common knowledge model on which to interrogate, simulate and automate optimal decision-making and workflows within warehouses and distribution centers.

 

Genius is a natural computing system modeled after a scientific breakthrough in understanding biological intelligence. Conventional artificial intelligence (AI) models excel at pattern recognition and reconstruction as a result of being trained on enormous data sets, and once trained are static. Conversely, Genius generates intelligent agents with substantially less training data that can learn, plan, and adapt autonomously in real time.

 

While AI has been a driving force for Blue Yonder, the company recognizes that adaptive intelligence is a key factor in helping its customers succeed. Blue Yonder’s participation in the Genius Beta program signals the company’s ongoing commitment to market leadership and innovation.

 

Valuates Reports says. “Using cloud-based AI to its full potential has become essential in the enterprise evolution environment, changing the way firms function. Cost savings, which are a result of AI being used in cloud computing, are one of these benefits that stand out for efficiency.”

 

For investors looking at the future potential of AI, no one can say you have your head in the ‘clouds’ if you bet on Nvidia. Now the hunt is on for what’s next.

 

Research more AI stocks with Investorideas.com free stock directory

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