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Friday, September 20, 2019

The #AIEye: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Closes Second Tranche of Private Placement and Pure Storage (NYSE: $PSTG) Unveils TAP Program Including NVIDIA (NASDAQ: $NVDA) Joint Offering


The #AIEye: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Closes Second Tranche of Private Placement and Pure Storage (NYSE: $PSTG) Unveils TAP Program Including NVIDIA (NASDAQ: $NVDA) Joint Offering

NA #AI Chip Market to Hit $30.62 Billion by 2027




Point Roberts WA, Vancouver BC – September 20, 2019  – 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.

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (CSE:VSBY) (5VS.F) (VSBGF) (NYSE:PSTG) (NasdaqGS:NVDA)

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (VSBGF) has closed the second tranche of its private placement of $1,000 principal amount 10% convertible unsecured debentures for gross proceeds $1,857,120, of which $1,691,000 were raised from the brokered portion of the Offering and $166,120 gross proceeds were raised from the non-brokered portion of the Offering . Echelon Wealth Partners Inc. acted as lead agent and sole bookrunner for the Brokered Offering.

To date, the Company has raised $3,022,120 pursuant to the Offering.
The Debentures will bear interest from September 19, 2019 at a rate of 10% per annum on an accrual basis, calculated and payable semi-annually, and will mature on September 19, 2021.
Pure Storage, Inc. (NYSE:PSTG) has launched its Technology Alliance Partner (TAP) Program, a collaboration focussed on hybrid cloud, transitioning to fast, consolidated architectures, and deriving business value from AI and analytics. One partner is NVIDIA Corporation (NasdaqGS:NVDA), with whom Pure Storage has a joint offering called AI-Ready Infrastructure (AIRI), aimed at helping customers leverage AI to get a headstart on the competition. Charlie Boyle, General Manager of DGX systems at NVIDIA, commented:

"Together, NVIDIA and Pure are enabling enterprises to get a faster start on their AI journey. AIRI, the industry's first AI-at-scale solution for enterprise, has helped organizations around the globe eliminate the complexities of infrastructure design, with faster, simplified deployment and manageability. We look forward to the continued partnership in building differentiated solutions for the enterprise through Pure's Technology Alliance Partner program."

NA AI Chip Market to Hit $30.62 Billion by 2027

A report from Research and Markets finds that the North American Artificial Intelligence Chip market will grow from $2.5 billion in 2018 to $30.62 billion in 2027, with a compound annual growth rate (CAGR) of 32 percent in the forecast period 2019-2027. An excerpt from the report description reads:

The increase in data generation due to the increasing proliferation of digital services is the key driver that is driving the growth of the AI chip market. Moreover, the adoption of cloud-based AI solutions is expected to boost the AI chip market growth in the forecast period. Artificial intelligence and its applications such as machine learning and deep learning have been growing tremendously over the last few years. AI is being utilized extensively in numerous areas ranging from cloud computing applications to digital assistants and self-driving/autonomous vehicles. With ever increasing use cases of AI and the evolving market landscape, the advancements in present chips have become a necessity.

Sam Mowers, Investorideas.com

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

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Investor Ideas adds New #Stocks in Tech (TSXV: $MVAI.V) (TSX: $LSPD.TO), Cannabis (CSE: $OILS.C) (OTCQB: $OILFF) and Mining (CSE: $BFG.C) (CSE: $PIKE.C)

Investor Ideas adds New #Stocks in Tech (TSXV: $MVAI.V) (TSX: $LSPD.TO), Cannabis (CSE: $OILS.C) (OTCQB: $OILFF) and Mining (CSE: $BFG.C) (CSE: $PIKE.C)




Point Roberts WA, Delta BC, September 20, 2019 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces this week’s additions to its global stock directories in tech, cannabis and mining.

Read this in full at

New tech companies are both TSX listed and involved in artificial intelligence and fintech, respectively.

The latest cannabis companies are involved in the extraction and purification of cannabinoids and the sale of medical cannabis in Israel.

New mining companies are both Canadian Stock Exchange (CSE) listed and operate in North America.

New Tech Companies:
Minerva Intelligence Inc. (TSXV:MVAI.V) is in the business of developing and marketing artificial intelligent (AI) software products.  Minerva’s AI systems combine human expertise (e.g., mineral exploration) with vast amounts of information from public and private databases in a cognitive computer reasoning system to carry out complex tasks faster and more thoroughly than can be done by human beings.  One of its first AI software products focuses on enhancing the success rate of minerals exploration.  Although mineral deposits are rare and complex with many different attributes, more than 100 years of scientific research has produced many powerful models used to predict where mineral deposits are most likely to occur.  Minerva’s AI system combines the power of human knowledge and experience with computer speed and reasoning to streamline mineral discovery. Minerva initially applied its AI platform to minerals exploration, but it can be used in other industries, such as environmental protection, geohazards, land use planning, insurance and healthcare. Minerva’s AI platform will be available as a software-as-a-service (SaaS) application. Its first of three products for the mineral exploration industry, the www.yukonmineraltargets.com website, was launched in early 2019 and it is also currently developing applications for the geohazards and insurance industries to be released in the near-term.

Lightspeed POS (TSX:LSPD.TO) is a cloud-based commerce platform powering small and medium-sized businesses in approximately 100 countries around the world. With smart, scalable, and dependable point of sale systems, it's an all-in-one solution that helps restaurants and retailers sell across channels, manage operations, engage with consumers, accept payments, and grow their business. Headquartered in MontrĂ©al, Canada, Lightspeed is trusted by favorite local businesses, where the community goes to shop and dine. Lightspeed has grown to over 800 employees, with offices in Canada, USA, Europe, and Australia.

New Cannabis Companies:
Nextleaf Solutions (CSE: OILS) (OTCQB: OILFF) is the first publicly traded company to be issued a U.S. patent for the industrial-scale extraction and purification of cannabinoids. OILS owns a portfolio of five (5) issued and 25 pending patents pertaining to the production of high-purity, cannabinoid rich distillate, a key ingredient used in the manufacturing of standardized THC and CBD infused products. Once cannabis concentrates become legal across Canada on October 17, 2019, the company plans to commercialize its intellectual property portfolio through IP licensing and B2B processing services.

InterCure (TASE: INCR.TAis the first public company on the Tel Aviv Stock Exchange to hold a valid and permanent license for the entire medical cannabis value chain through its 100% ownership in Canndoc. Canndoc is an Israeli medical cannabis producer, licensed by the Israeli Ministry of Health since 2008. Canndoc is a leading pioneer in the research, cultivation, processing and distribution of pharma-grade cannabis-based products to licensed patients, hospitals, physicians, research and governmental organizations. Canndoc is focused on pharmaceutical-grade cannabis and is conducting R&D programs and clinical trials in its genetics. Canndoc is experienced in climatized greenhouse cultivation and has developed a unique production method for pharma-grade cannabis which is scalable and profitable, with expertise in all links of the value chain to the end-products. Canndoc operates two sites in Northern and Southern Israel, as well as joint ventures for cultivation and distribution in European Union and Canada. The Government of Israel approved the export of medical cannabis in January 2019. Visit https://www.canndoc-pharma.com/  In addition, to its 100% ownership of Canndoc, InterCure holds two other biotech investments: i) 12.27% stake in Regenera, clinical-stage biopharmaceutical company focused on developing a novel drug for neurological disorders currently at Phase 3 clinical trial in NAION after receiving FDA Fast Track designation and ii) 8.88% stake in Novellus, a Jerusalem based company, developing a novel technology for precision oncology therapies.

New Mining Companies:
Bullfrog Gold Corp. (CSE:BFG) is a Delaware corporation that controls the commanding land and mineral positions in the Bullfrog Mine area where Barrick Bullfrog Inc. produced 2.3 million ounces of gold by conventional milling from 1989 into 1999. An independent Canadian National Instrument 43-101 compliant report prepared in August 2017 estimated mineralization at 624,000 ounces at 0.7 g/tonne gold within expanded pit plans based on a gold price of $1,200 and use of heap leaching. The Company obtained a large data base from Barrick, including detailed information on 155 miles of drilling in the area, and has defined BF and MS pit expansions and several prospective exploration targets.

Pike Mountain Minerals Inc. (CSE:PIKE) is a junior mining resource exploration company focused on exploring for precious metal in North America.  The Company currently has an option to acquire a 100% interest in the Otter Property, northwest of Princeton, British Columbia.  The Otter Property lies in the Spences Bridge Gold Belt of south-central British Columbia.

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
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AI News: VSBLTY Groupe Technologies (CSE: $VSBY.C) (OTC: $VSBGF) Announces Closing of Second Tranche of Brokered Private Placement Led by Echelon Wealth Partners


AI News: VSBLTY Groupe Technologies (CSE: $VSBY.C) (OTC: $VSBGF) Announces Closing of Second Tranche of Brokered Private Placement Led by Echelon Wealth Partners

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES



Philadelphia, PA - September 20, 2019 (Investorideas.com Newswire) Further to its new releases on August 13, 2019, and August 29, 2019, VSBLTY Groupe Technologies Corp. (the "Company" or "VSBLTY") (CSE: VSBY) (5VS.F) (VSBGF) is pleased to announce that it has closed the second tranche of its private placement (the "Offering") of $1,000 principal amount 10% convertible unsecured debentures (the "Debentures") for gross proceeds $1,857,120, of which $1,691,000 were raised from the brokered portion of the Offering (the "Brokered Offering") and $166,120 gross proceeds were raised from the non-brokered portion of the Offering (the "Non-Brokered Offering"). Echelon Wealth Partners Inc. (the "Agent") acted as lead agent and sole bookrunner for the Brokered Offering.

Read this in full at

To date, the Company has raised $3,022,120 pursuant to the Offering.

The Debentures will bear interest from September 19, 2019 (the "Closing Date") at a rate of 10% per annum on an accrual basis, calculated and payable semi-annually, and will mature on September 19, 2021 (the "Maturity Date").

The principal amount of the Debentures may be convertible, in whole or in part, at any time before the Maturity Date, into units of the Company (each, a "Unit") at $0.35 per Unit, if converted at any time before one year after the Closing Date (amended from the previously-disclosed conversion price of $0.45 per Unit), or otherwise convertible at $0.60 per Unit if converted after one year after the Closing Date but before the Maturity Date.
Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of a Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable into one Share (each a, "Warrant Share") at a price of $0.60 per Warrant Share for a period of 24 months from the Closing Date, subject to acceleration. The Company may exercise its warrant acceleration right, if on any ten consecutive trading days, beginning on the date that is four months and one day following the Closing Date, the closing price of the Company's Shares on the CSE is greater than $1.00 per Share. If the Company exercises its warrant acceleration right, the new expiry date of the Warrants will be the 30th day following the notice of such exercise.

The Company paid a cash commission to the Agent of $135,280, a finance fee of 144,942 Shares and issued 386,513 non-transferable broker warrants (the "Broker Warrants"). To date, the Company has paid cash commissions to the Agent of $228,480, corporate finance fees of 244,799 Shares and issued 652,799 Broker Warrants pursuant to the Offering. Each Broker Warrant entitles the Agent to purchase one Share at the price of $0.35 per Share for a period of 24 months from the Closing Date.

The net proceeds from the Offering will be used for acquisitions and general and corporate working capital purposes.

The securities issued in the Brokered Offering and Non-Brokered Offering are subject to a statutory four month and one day hold period, which expires on January 20, 2020.

Due to significant demand from investors, the Company is also pleased to announce that it has entered into an amendment agreement with the Agent, pursuant to which the Company and the Agent have agreed to increase the size of the Offering from $3,000,000 to up to $4,500,000.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or "U.S. Persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

On Behalf of the Board of VSBLTY Groupe Technologies Inc.
"Jay Hutton"
CEO & Director

CONTACT:
Investor Relations
MarketSmart Communications Inc., +1 877 261-4466
info@marketsmart.ca
Linda Rosanio, 609-472-0877
lrosanio@vsblty.net

About VSBLTY (www.vsblty.net)
Headquartered in Philadelphia, VSBLTY (CSE:VSBY) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS- based audience measurement and security software that uses artificial intelligence and machine learning.

FORWARD LOOKING STATEMENT
This news release contains forward-looking statements, including statements regarding the Offering and the future price of the Shares on the Canadian Securities Exchange, and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, and which are described in the Company's public filings available under its profile at www.sedar.com. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company does not intend to update any of the included forward-looking statements except as required by Canadian securities laws.

LINDA ROSANIO
VSBLTY, INC
609-472-0877
LROSANIO@VSBLTY.NE

VSBLTY Groupe Technologies Corp. (CSE: VSBY) is a featured Tech / AI stock on Investorideas.com


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: VSBLTY is a paid PR, news and social media client on Investorideas.com as of March 1, 2019  https://www.investorideas.com/About/Disclaimer.asp
Contact management and IR of each company directly regarding specific questions.
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Thursday, September 19, 2019

The #AIEye: Delta Electronics Partners with Microsoft (Nasdaq: $MSFT) for Digital Transformation and Virtusa (Nasdaq: $VRTU) Joins SAIL



The #AIEye: Delta Electronics Partners with Microsoft (Nasdaq: $MSFT) for Digital Transformation and Virtusa (Nasdaq: $VRTU) Joins SAIL

APAC #AI in Healthcare to Hit $11.733 Billion by 2025




Point Roberts WA, Vancouver BC – September 19, 2019  – 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 to today’s podcast:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (TPE:2308) (NasdaqGS:MSFT) (NasdaqGS:VRTU)

Taiwanese electronics giant Delta Electronics, Inc. (TPE:2308) has announced a partnership with Microsoft (NasdaqGS:MSFT) for the former’s digital transformation, according to local outlet the Taipei Times. In addition to the digital transformation, Delta Electronics chairman Yancey Hai said the company is “also planning future collaborations with Microsoft in areas such as machine deep learning at its robotics arm with the aim of improving the industrial automation business”. Hai said:

“We have set up two AI [artificial intelligence] projects with Microsoft’s headquarters in the US... One is aimed at improving the efficiency and noise cancelation of our ultra-thin fans, the other is focused on developing a product quality management system.”

Virtusa Corporation (NasdaqGS:VRTU) has joined the Stanford Artificial Intelligence Laboratory (SAIL) as an Affiliate Member. According to the press release, the collaboration will focus on using AI to help patients live longer, reduce food waste, and improve profitability of products in the healthcare, insurance, life sciences, communications, media, technology, and banking and financial services industries by extending open source research projects for AI”. Samir Dhir, president, Virtusa, commented:

“We recognize the critical importance of collaboration in advancing AI technologies to create intelligent solutions that make lives better and businesses more efficient. Virtusa joining forces with SAIL enables us to leverage our deep industry and technical expertise to define solutions that make it easier for organizations to benefit from AI. We are excited to collaborate on this challenge with the eminent researchers at Stanford.”


APAC AI in Healthcare to Hit $11.733 Billion by 2025

A report from Ken Research finds that the Asia Pacific (APAC) AI in Healthcare market is projected to reach $11.733 billion by 2025, according to a press release. An excerpt from the market overview reads:

APAC AI in Healthcare Market has witnessed strong growth owing to rising number of collaborations, investments and partnerships among hospitals, healthcare providers, AI developers and medical device manufacturers; improved accuracy and predictive capacity of AI powered devices, limited number of skilled healthcare professionals in developing countries such as China and India and over the years advancements in processor design and manufacturing techniques across Asia Pacific region. The market size by revenue witnessed a five year CAGR of close to 56% during the review period (2013-2018) due to the combined effect of these factors. The market is currently placed in high growth stage with strong possibility for further innovations and developments at a faster pace with positive trends expected in the industry.

Sam Mowers, Investorideas.com

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Investorideas.com - Technology Development Continues In Cannabis: (OTC: $GOHE) (OTC: $TRTC) (TSX: $RIV.TO) (OTC: $CNPOF) (OTCQB: $SING)

Investorideas.com - Technology Development Continues In Cannabis: (OTC: $GOHE) (OTC: $TRTC) (TSX: $RIV.TO) (OTC: $CNPOF) (OTCQB: $SING)

Wednesday, September 18, 2019

The #AIEye: Oracle (NYSE: $ORCL) Makes #AI-Voice Available for Digital Assistant and NICE (Nasdaq: $NICE) Actimize Introduces AI-Powered SURVEIL-X



The #AIEye: Oracle (NYSE: $ORCL) Makes #AI-Voice Available for Digital Assistant and NICE (Nasdaq: $NICE) Actimize Introduces AI-Powered SURVEIL-X

#AI Platforms Market to Grow $6.95 Billion by 2023



Point Roberts WA, Vancouver BC – September 18, 2019  – 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 to today’s podcast:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:ORCL) (NasdaqGS:NICE)

Oracle Corporation (NYSE:ORCL) has announced the availability of its AI-trained voice for the Oracle Digital Assistant. This allows enterprise customers to use voice commands to simplify interactions and improve efficiency. According to the press release, the Oracle Digital Assistant “applies AI with deep semantic parsing for natural language processing (NLP), natural language understanding (NLU) and custom machine learning (ML) algorithms”. Suhas Uliyar, vice president, AI and Digital Assistant, Oracle, commented:

"Enterprises are demanding an AI-powered voice assistant that understands their specific vocabulary and enables naturally expressive interactions for its users. Most of all though, enterprises value a highly secure AI-powered voice assistant that stores their business' sensitive data in Oracle's second generation cloud infrastructure.”

NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE), is introducing SURVEIL-X, the industry’s first AI-powered, cloud-native, true holistic trade-related surveillance solution. SURVEIL-X combines AI-powered and traditional expert rule-based analytics with advanced visualization tools, all on a cloud-native platform. Chris Wooten, Executive Vice President, NICE, explained:

“For financial services organizations, surveillance capabilities have become a compliance necessity for detecting known regulatory risks. The only problem is that risk is a moving target, and the things you don’t know or uncover can also hurt your firm. With SURVEIL-X’s complete surveillance coverage, AI-powered analytics and anomaly detection, and its other next-generation surveillance capabilities, FSOs can move out ahead of the curve and insulate themselves from reputational damage and fines.”


AI Platforms Market to Grow $6.95 Billion by 2023

A report from Technavio projects that the global AI Platforms market will grow $6.95 billion USD from 2019 to 2023, with a compound annual growth rate (CAGR) of 28 percent in that same forecast period. An excerpt from the industry overview reads:

Enterprises across the world are increasingly adopting AI to upgrade their IT systems and empower their workforce. Many governments are also promoting the adoption of AI-based technologies through investments and the establishment of education programs to develop workforce with AI skills. For instance, in November 2018, Germany launched its digital strategy on AI called “AI Made in Germany” to fuel the economic and technological growth in the country. Several firms in the retail, BFSI, and manufacturing sectors are making significant investments in AI to automate business functions. They are also adopting AI bots, virtual assistants, digital payment advisers, and biometric fraud detection mechanisms to track consumer behavior and enhance their compliance with regulatory systems. The rising investments in AI by enterprises and government bodies will have a significant impact on the growth of artificial intelligence platform market size.

Sam Mowers, Investorideas.com

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