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Monday, July 31, 2023

The Double Digit Growth of the #EDA Market (OTCPINK: $GTCH) (NASDAQ: $CDNS) (NYSE: $KEYS) (NASDAQ: $SNPS) @gbtt_inc @Cadence @Keysight @Synopsys

The Double Digit Growth of the #EDA Market (OTCPINK: $GTCH) (NASDAQ: $CDNS) (NYSE: $KEYS) (NASDAQ: $SNPS) @gbtt_inc @Cadence @Keysight @Synopsys

 

How Magic2 Plans to Revolutionize the Process

 


Vancouver, Kelowna, Delta, BC – July 31, 2023 - Investorideas.com (www.investorideas.com), a global investor news source covering tech stocks releases a special news report on the EDA market, featuring a tech innovator building a growing IP portfolio in the sector, GBT Technologies Inc. (OTC PINK:GTCH).

 

Read this article, featuring GTCH in full at https://www.investorideas.com/news/2023/technology/07311EDA-Market.asp

 

According to a recent article in Semiengineering.com “EDA tools and IP continued their double-digit growth trajectory this year, despite a downturn in consumer electronics and a continued shortage of key components that took a large bite out of the semiconductor market as a whole.”

 

“A just-released report from the ESD Alliance showed a 12% increase in revenue for Q1, increasing to $3.95 billion compared with $3.53 billion in the same period in 2022. The four-quarter moving average also showed 12.7% growth.”

 

GBT Technologies Inc. (OTC PINK:GTCH) recently provide an update covering its EDA segment intellectual properties (“IP”) portfolio.

 

From the News: Magic2, is an AI driven electronic design automation (EDA) software Suite helping engineers to speed up time consuming task work during the integrated circuits (IC) design phase. This week GBT received patent approval for its Epsilon tool which means that four out of the eight tools received patent approval. Magic2 consists of eight integrated software applications that each cover specific component processes of the IC design cycle. The tools complement each other and will help drastically reduce the development costs and speed up the IC design development cycle.

 

“It sounds technical because it is, but simply spoken, Magic2 is a Suite of individual EDA tools which we believe can potentially save 1000’s and 1000’s hours of engineering time, speeding up the microchip design process and at the same time building better, faster, greener, cheaper, and more reliable microchips. Epsilon has been a double milestone for GBT Technologies Inc. as we already developed a limited working software version V1.0 which has performed in an operational setting and started the whole Magic2 concept. With all the positive industry feedback, GBT will continue to focus on expanding the family of its various EDA patents and concentrating on strategic potential partnerships with the goal of integrating these technologies into a broad marketplace, diversifying the risk within all these areas, and increasing shareholder value of that portfolio,” said Mansour Khatib, CEO of GBT.

 

From the News: Epsilon - RV (Reliability Verification) Software for real-time analysis and Auto-Correct of integrated Circuits Reliability issues, among them are EM (Electromigration), SH (Self-Heat), IR Drop [1], and another RV phenomenon [2]. Notice of Allowance issued - Functioning Software Demo available.

 

Omega - Automatic Design Rule Correction Software of physical IC layout block. The program reads a process rule deck, a GDSII [3], Oasis data [4] and automatically fixes all DRC [6] violations, maintaining hierarchy and LVS, RV, DFM [7] compliance. Notice of Allowance issued.

 

Sigma - LVS [5] Automatic Correction of IC Layout Blocks. The program reads an LVS Deck and a GDSII, Oasis data and based on schematic fixes the physical layout. The program will re-wire nets, maintaining DRC, RV, and DFM correctness. - Patent issued.

 

Phi - Automatic IP layout blocks generator to create from scratch IC layout blocks (For example: A USB unit, or a MEMORY unit), based on hardware description language or a circuit’s schematic. The system reads the circuit’s schematic or HDL [8] and automatically generates the block in a given process (for example: 5nm). The generated block is LVS, DRC, RV and DFM compliant. - Notice of Allowance issued.

 

Tau - Patent and information pending. *

 

Delta - Patent and information pending. *

 

Kappa - Patent and information pending. *

 

Zeta - Patent and information pending. *

 

Reflecting the sector growth in its recent numbers. Cadence Design Systems, Inc. (Nasdaq: CDNS), a leader in electronic systems design, recently reported results for the second quarter of 2023.

 

From the news: Cadence reported second quarter 2023 revenue of $977 million, compared to revenue of $858 million for the same period in 2022. On a GAAP basis, Cadence achieved operating margin of 31 percent and recognized net income of $221 million, or $0.81 per share on a diluted basis, in the second quarter of 2023, compared to operating margin of 33 percent and net income of $187 million, or $0.68 per share on a diluted basis, for the same period in 2022.

 

From the news: Using the non-GAAP measures defined below, operating margin for the second quarter of 2023 was 42 percent and net income was $334 million, or $1.22 per share on a diluted basis, compared to operating margin of 42 percent and net income of $298 million, or $1.08 per share on a diluted basis, for the same period in 2022.

 

"Cadence delivered excellent results for the second quarter of 2023, with strong ongoing customer demand for our innovative technologies," said Anirudh Devgan, President and Chief Executive Officer. "With its unparalleled promise, Generative AI is beginning to make a significant impact globally. Our dedicated focus on AI over the past several years, combined with our computational software expertise and invaluable data that lies at the core of AI, uniquely positions us to deliver to the tremendous potential of this transformative technology."

 

"We achieved another quarter of strong financial results and are raising our revenue, operating margin and EPS guidance for 2023 yet again," said John Wall, senior vice president and chief financial officer. "Our revenue outlook for the second half represents a year-over-year growth of approximately 15%, allowing us to raise our 2023 revenue guidance to more than 14% growth over 2022."

 

Keysight Technologies, Inc. (NYSE:KEYS) recently announced the introduction of PathWave Design 2024, the latest release of its suite of electronic design automation (EDA) software tools, giving design engineers new software automation, design data and intellectual property (IP) management, team collaboration, and development lifecycle transformation capabilities.

 

From the news: Keysight’s new Python API for EDA workflows establishes an open ecosystem to connect and control best-in-class simulators, platforms, data exchange, and report generation to meet specific development project needs. The Python API enables Keysight’s EDA software tools to interoperate with third-party partner tools in custom-tailored automation workflows. For example, it supports more efficient design verification and provides greater confidence for attaining first-pass success. In addition, Keysight speeds the development of automated workflows themselves by offering professional consulting and customization services for PathWave Design 2024 customers.

 

In February, Keysight announced it had acquired Cliosoft and will be adding the company’s line of hardware design data and intellectual property (IP) management software tools to its portfolio of electronic design automation (EDA) solutions.

 

Synopsys (Nasdaq: SNPS), with a long history of being a global leader in electronic design automation (EDA) and semiconductor IP, recently reported news that its technology is unleashing a new wave of advanced designs with the industry's broadest portfolio of interface IP for the TSMC N3E process. Silicon success of Synopsys IP across multiple product lines, including the most widely used protocols, delivers leading power, performance, area (PPA) and latency. Synopsys' IP for the TSMC N3E node offers a fast path to TSMC N3P integration and enables chip designers to accelerate development of their AI, high-performance computing (HPC) and mobile designs.

 

From the news: "Synopsys provides a broad portfolio of high-quality IP that helps designers achieve their design goals and quickly integrate the necessary IP into their designs with less risk," said John Koeter, Senior Vice President of marketing and strategy for IP at Synopsys. "Synopsys IP for TSMC's 3nm process has been adopted by dozens of leading companies to accelerate their development time, quickly achieve silicon success and speed their time to market."

 

"Our longstanding collaboration with Synopsys enables our mutual customers to benefit from a broad portfolio of IP that has been proven on TSMC's advanced process technologies," said Dan Kochpatcharin, Head of the Design Infrastructure Management Division at TSMC. "The silicon success of Synopsys IP on TSMC's N3E process underscores our collective efforts to help designers address the stringent PPA and latency requirements of their SoC designs and accelerate silicon innovation for the next-generation AI, HPC and mobile applications."

 

According to ResearchandMarkets, “The global market for EDA Tools estimated at US$13.1 Billion in the year 2022, is projected to reach a revised size of US$30.1 Billion by 2030, growing at a CAGR of 11% over the analysis period 2022-2030.”

 

“Semiconductor Intellectual Property (SIP), one of the segments analyzed in the report, is projected to record a 11.6% CAGR and reach US$12 Billion by the end of the analysis period.”

 

So the race is on for creating IP in the EDA market and with a little “magic” it will keep growing.

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

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. Disclosure: GTCH is a paid featured monthly AI stock on Investorideas.com 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/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Friday, July 28, 2023

New #InvestingIdeas in #Technology (OTCQX: $SILXY) (CSE: $ARWY.C) (OTCQB: $INXDF) (OTCQX: $BTQQF) (TSX: $GIVX.TO)

New #InvestingIdeas in #Technology (OTCQX: $SILXY) (CSE: $ARWY.C) (OTCQB: $INXDF) (OTCQX: $BTQQF) (TSX: $GIVX.TO)

 



 

 

Vancouver, Kelowna, Delta, BC - July 28, 2023 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Technology. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2023/main/07281Stocks.asp

 

The newest tech companies are involved in laser tech, augmented reality/artificial intelligence (AR/AI), crypto/blockchain, cyber/network security and cloud/fintech, respectively.

 

New Stocks Added to the Technology Directories:

Silex Systems Ltd. (OTCQX: SILXYASX: SLX) is a technology commercialisation company whose primary asset is the SILEX laser enrichment technology, originally developed at the Company’s technology facility in Sydney, Australia. The SILEX technology has been under development for uranium enrichment jointly with US-based exclusive licensee Global Laser Enrichment LLC (GLE) for a number of years. Success of the SILEX uranium enrichment technology development program and the proposed Paducah commercial project remain subject to a number of factors including the satisfactory completion of the engineering scale-up program and nuclear fuel market conditions and therefore remains subject to associated risks. Silex is also at various stages of development of additional commercial applications of the SILEX technology, including the production of ‘Zero-Spin Silicon’ for the emerging technology of silicon-based quantum computing. The ‘Zero-Spin Silicon’ project remains dependent on the outcomes of the project and the viability of silicon quantum computing and is therefore subject to various risks. The commercial future of the SILEX technology in application to uranium, silicon, medical and other isotopes is therefore uncertain and any plans for commercial deployment are speculative. Additionally, Silex has an interest in a unique semiconductor technology known as ‘cREO®’ through its 100% ownership of subsidiary Translucent Inc. The cREO® technology developed by Translucent has been acquired by IQE Plc based in the UK. IQE has paused the development of the cREO® technology until a commercial opportunity arises. The future of IQE’s development program for cREO® is very uncertain and remains subject to various technology and market risks.

 

ARway.ai (CSE:ARWY) (OTC:ARWYF) is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) experiences for indoor spaces. ARway's breakthrough no-code no-beacon IPNN allows for the easy creation of navigation, tours, information sharing, notifications, advertising and gamification. ARway works seamlessly as a cross platform solution on iOS/ Android. ARway's technology is optimized for both mobile devices and AR glasses: Apple's Vision Pro, Magic Leap and Microsoft's HoloLens. ARway has unlimited use cases for augmenting physical spaces, making it a valuable tool for creators, brands and companies in various industries. The complete ARway platform includes: the Web Creator Studio, the ARwayKit Software Development Kit (SDK) and a mobile app for iOS and Android.

 

The INX Digital Company, Inc. (OTCQB: INXDFNEO: INXD) provides regulated trading platforms for digital securities and cryptocurrencies. With the combination of traditional markets expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and a disciplined regulatory approach.

 

BTQ Technologies Corp. (OTCQX: BTQQFNEO: BTQ) was founded by a group of post-quantum cryptographers with an interest in addressing the urgent security threat posed by large-scale universal quantum computers. With the support of leading research institutes and universities, BTQ is combining software and hardware to safeguard critical networks using unique post-quantum services and solutions.

 

Givex Corp. (OTCQX: GIVXFTSX: GIVX) The world is changing. Givex is ready. Since 1999, Givex has provided technology solutions that unleash the full potential of engagement, creating and cultivating powerful connections that unite brands and customers. With a global footprint of 122,000+ active locations across more than 100 countries, Givex unleashes strategic insights, empowering brands through reliable technology and exceptional support. Givex's integrated end-to-end management solution provides Gift Cards, GivexPOS, Loyalty Programs and more, creating growth opportunities for businesses of all sizes and industries

 

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 - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.  

 

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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Thursday, July 27, 2023

The #AIEye #Podcast: Watching #AI Breaking News (NYSE: $NOW) (NasdaqGS: $NVDA) (NYSE: $ACN) (NasdaqGS: $AMZN) #artificialintelligence



 

 

The #AIEye #Podcast: Watching #AI Breaking News (NYSE: $NOW) (NasdaqGS: $NVDA) (NYSE: $ACN) (NasdaqGS: $AMZN) #artificialintelligence

 

ServiceNow, NVIDIA, and Accenture Team Up to Launch AI Lighthouse, and AWS Announces AI-Powered HealthScribe Service

 

Global #AIMarket to Reach $1.34T by 2030

 

Vancouver, Kelowna, Delta, BC – July 27, 2023  Investorideas.com, a global investor news source covering Artificial Intelligence (AI) stocks and industry news brings you today’s edition of The AI Eye Podcast; watching AI breaking news .

 

Today’s  podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2023/072723-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/07271NOW-NVDA-ACN-AMZN.asp

 

Hear the Ai Eye on Spotify  

 

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

 

Stocks discussed: (NYSE:NOW) (NasdaqGS:NVDA) (NYSE:ACN) (NasdaqGS:AMZN)

 

ServiceNow, Inc. (NYSE:NOW), NVIDIA Corporation (NasdaqGS:NVDA), and Accenture (NYSE:ACN) have joined forces to launch AI Lighthouse, described as “a first-of-its-kind program designed to fast-track the development and adoption of enterprise generative AI capabilities.” AI Lighthouse brings together ServiceNow’s enterprise automation platform and engine, NVIDIA’s AI supercomputing and software, and Accenture’s AI transformation services to help customers to design, develop, and implement “custom generative AI large language models (LLMs) and applications to advance their businesses.” Julie Sweet, chair and CEO, Accenture, said:

 

"Generative AI holds enormous potential for enterprises—it can help them reinvent how they work, strengthen their services, differentiate themselves and reach new levels of performance. Our expanded partnership with ServiceNow and NVIDIA will apply our combined experience, expertise and insights to helping our clients create powerful, relevant and responsible generative AI use cases and more quickly realize the value of this transformative technology."

 

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has announced AWS HealthScribe at AWS Summit New York today. AWS HealthScribe is described in the press release as a “service that empowers healthcare software providers to build clinical applications that use speech recognition and generative AI to save clinicians time by generating clinical documentation.” Bratin Saha, vice president of Machine Learning and Artificial Intelligence Services at AWS, commented:

 

"Our healthcare customers and partners tell us they want to spend more time creating innovative clinical care and research solutions for their patients while spending less time building, maintaining, and operating foundational health data capabilities. That is why AWS has invested in building a portfolio of AI-powered, high-performance, and population-scale health applications so that clinicians can spend more time with the patients during the face-to-face or telehealth visits."

 

 

Global AI Market to Reach $1.34T by 2030

 

Research published by ReportLinker finds that the global market for Artificial Intelligence is projected to grow from $150.2 billion USD in 2023 to $1.34 trillion by 2030, registering a compound annual growth rate (CAGR) of 36.8 percent in the forecast period. The following excerpt from the report’s summary outlines some of the various applications of AI that are driving the market’s growth:

 

Businesses harness the power of artificial intelligence (AI) to streamline job processes and aggregate business data effectively. Artificial Intelligence utilizes extensive data to recognize patterns in users’ search behaviors, providing them with more pertinent information based on their specific circumstances. With the continuous advancement of AI technology and the growing usage of devices, users can anticipate an increasingly personalized and customizable experience.

 

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.

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

 

Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

 

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/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Thursday, July 20, 2023

#AIEye #Podcast: #Stocks discussed: (NasdaqGS: $META) (NasdaqGS: $MSFT) (CSE: $PMED.C)



 

 

#AIEye #Podcast: #Stocks discussed: (NasdaqGS: $META) (NasdaqGS: $MSFT) (CSE: $PMED.C)

 

Meta Announces Availability of Llama 2 with Microsoft, and Predictmedix AI Bringing Contactless AI Solutions to Healthcare in India

 

Global #EmbeddedAI Market to Reach $18B by 2028

 

Vancouver, Kelowna, Delta, BC – July 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.

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2023/072023-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/07201META-MSFT-PMED.asp

 

Hear the Ai Eye on Spotify  

 

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

 

Stocks discussed: (NasdaqGS:META) (NasdaqGS:MSFT) (CSE:PMED)

 

Meta Platforms, Inc. (NasdaqGS:META) has announced the availability of Llama 2, the next generation of its open source large language model. Notably, Meta is making it available free of charge for research and commercial use. The company also announced that Microsoft (NasdaqGS:MSFT) is its preferred partner for Llama 2, which is available in the Azure AI model catalog, “enabling developers using Microsoft Azure to build with it and leverage their cloud-native tools for content filtering and safety features.” An excerpt from the announcement reads:

 

Now, with this expanded partnership, Microsoft and Meta are supporting an open approach to provide increased access to foundational AI technologies to the benefits of businesses globally.

 

Predictmedix AI Inc. (CSE:PMED) has announced contactless integrative AI solutions for healthcare in India. Combining computer vision, thermal imaging, predictive analytics, and leveraging the power of advanced AI algorithms, Predictmedix aims to enable seamless and efficient healthcare interactions including contactless temperature screening, symptom analysis, mental health assessments, and substance abuse detection, and more. Rahul Kushwah, Chief Operating Officer of Predictmedix, said:

 

"We are thrilled to introduce our contactless integrative AI solutions to the Indian healthcare landscape. Our technology represents a significant leap forward in medical diagnostics and screening. By minimizing physical contact, we are prioritizing patient safety while maximizing the efficiency and effectiveness of healthcare practices."

 

 

Global Embedded AI Market to Reach $18B by 2028

 

A report published by Research and Markets finds that the global market for Embedded AI is projected to grow from $9.4 billion USD in 2023 to $18 billion by 2028, registering a compound annual growth rate (CAGR) of 14 percent during the forecast period. The report cites the “growing demand for intelligent and autonomous systems for a personalized experience and increasing advancements in AI and ML technologies for better and smart decisions” as key influences on the market’s growth. The following excerpt from the report’s description outlines the role and utility of Embedded AI:

 

Embedded AI hardware plays a critical role in the market by providing the necessary computing power and specialized capabilities to support AI applications directly on embedded systems. Embedded AI hardware can be customized and integrated into specific embedded systems, ensuring seamless compatibility and efficient utilization of resources. This allows hardware vendors and system designers to tailor the AI hardware to meet the specific requirements of the target application, achieving optimal performance and functionality.

 

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

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

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