The
#AIEye: Sony (NYSE: $SNE) Developing LiDAR for Autonomous Vehicles and Klipsch
(NasdaqGS: $VOXX) Introducing #AI Embedded Earbuds at CES
Global
#MachineLearning Market to See 34.19% CAGR from 2019-2027
Point Roberts WA, Vancouver BC – January 3, 2020 – 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: (NYSE:SNE) (NasdaqGS:VOXX)
Sony Corporation (NYSE:SNE) is developing a silicon-based vision sensor for
autonomous vehicles. Specifically, Sony is pursuing the development of LiDAR
(Light Detection and Ranging) vision-sensing technology, which tech blog Engadget describes as:
Laser-based
LiDAR systems piece together a high-res, real-time 3D map of the surrounding
area, which car systems can use to better understand everything happening
nearby and react accordingly. The sensors work in concert with radar and
cameras to help cars navigate with optimal safety.
Klipsch Audio Technologies, a subsidiary of VOXX
International Corporation (NasdaqGS:VOXX), is introducing new true
wireless earbuds at CES, according to a report from Engadget. Significantly, the company’s T10
True Wireless and T5 True Wireless ANC smart earphones will both include AI.
The article concedes that “the details about the AI are limited”, but that they
will include "a built-in operating system with embedded artificial
intelligence."
Global
Machine Learning Market to See 34.19% CAGR from 2019-2027
A report from Research and Markets finds that the Global
Machine Learning market will exhibit a compound annual growth rate (CAGR) of
34.19 percent in the forecast period 2019-2027. An excerpt from the report
description outlines the market’s growth projections:
The
expanding data volume across the world, significant developments in the field
of artificial intelligence & machine learning and the widening applications
of ML in different end-use industries are pushing the growth of the global
market for machine learning. Moreover, the incorporation of AI & ML with
Big Data, rise in the adoption of IoT-connected devices, smart robot
development and the mushrooming of start-ups in ML are factors providing
potential for market growth.
The
hardware & software systems within a machine learning system are at risk of
encountering numerous problems, which may lead to its malfunctioning, which, in
turn, would disrupt the ML services. Also, machine learning algorithms have
several applications, which make them sensitive to various data security threats.
Thus, failure of components and inability to secure private & sensitive
data are factors restraining market growth. Further, computational and technological
barriers also pose a challenge for the growth of the machine learning market.
Sam Mowers, Investorideas.com
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