Press Release
Worldwide Artificial Intelligence Industry to 2030 - Featuring Google, IBM and Baidu Among Others
The "Artificial Intelligence Global Market Report 2021: COVID-19 Growth and Change to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global artificial intelligence market. This report focuses on the artificial intelligence market which is experiencing strong growth. The report gives a guide to the artificial intelligence market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic. The global artificial intelligence market is expected to grow from $40.17 billion in 2020 to $51.56 billion in 2021 at a compound annual growth rate (CAGR) of 28.4%.
BrainChip Named Among EE Times' Silicon 100
ALISO VIEJO, Calif., August 26, 2021--(BUSINESS WIRE)--BrainChip Holdings Ltd (ASX: BRN), (OTCQX: BRCHF), a leading provider of ultra-low power high performance artificial intelligence technology, was recognized as one of the "Startups Worth Watching in 2021" in EE Times' annual Silicon 100 list of global semiconductor technologies. EE Times' 21st revision of the Silicon 100 tracks the pulse of the industry to identify emerging technology trends and developments that hold promise for the future. This year, the publication chose to analyze the Silicon 100 in more detail with 22 categories that run from materials and packaging at a fundamental extreme to quantum computing and security at the highest level of abstraction. BrainChip was recognized in the "Specialist (GPU-Through-AI) Processor, Accelerators" category. Selection of companies to the Silicon 100 is based on criteria including technology, intended market, financial position and investment profile, maturity and executive leadership.
Artificial emotional intelligence: a safer, smarter future with 5G and emotion recognition
With the advent of 5G communication technology and its integration with AI, we are looking at the dawn of a new era in which people, machines, objects, and devices are connected like never before. This smart era will be characterized by smart facilities and services such as self-driving cars, smart UAVs, and intelligent healthcare. This will be the aftermath of a technological revolution. But the flip side of such technological revolution is that AI itself can be used to attack or threaten the security of 5G-enabled systems which, in turn, can greatly compromise their reliability. It is, therefore, imperative to investigate such potential security threats and explore countermeasures before a smart world is realized.
Waymo opens its self-driving taxis to 'Trusted Testers' in San Francisco
Alphabet's fully autonomous driving unit Waymo is ready to offer rides to select passengers in San Francisco, the company announced on Tuesday. Starting later today, residents can sign up to become "Trusted Testers." With an invite to the program, you can use the Waymo One app to take rides in the fleet of Jaguar I-Pace vehicles Waymo will have stationed in the city. Waymo describes the Trusted Tester program as a "research-focused" effort designed to help it collect feedback on its ride experience, with an emphasis on gathering information related to accessibility. "We kicked off this program last week with a select few and are now expanding the program to all interested San Franciscans," the company said.
Five9 Named a Leader in the Aragon Research Globe for Conversational AI
WIRE)--Five9, Inc. (NASDAQ: FIVN), a leading provider of the intelligent cloud contact center, today announced that it has been positioned as a Leader in the first Aragon Research Globe for Conversational AI. The report notes strengths for Five9, including its focus on self-service, seamless handoff between bots and live agents, and App Marketplace for integrations and channels. Aragon Research analysts evaluated 22 conversational AI providers based on three dimensions: strategy, performance, and reach. The report notes that providers positioned as Leaders have comprehensive strategies that align with industry direction and market demand, and effectively perform against those strategies. Five9 is focusing on AI as one of its key innovation strategies.
Artificial Intelligence Impacts Business in 2021
MobiDev, a US-based software engineering company with development centers in Ukraine, has compiled customers' requests and needs in the area of AI and came with the list of AI trends that matter for Business in 2021. According to 2020's McKinsey Global Survey on artificial intelligence (AI), in 2020 more than 50% of companies have adopted AI in at least one business unit or function, so we witness the emergence of new AI trends. Lockdowns resulted in a massive surge of online activity and an intensive AI adoption in business, education, administration, social interaction, etc. AI techniques have already been applied to face recognition, voice identification, and video analysis. These techniques form the best combo for surveillance. So, in 2021, we can foresee the intensive exploitation of AI in video surveillance.
MRS Selects Verisk's Voice Analytics to Help Life Insurers Accelerate Underwriting
JERSEY CITY, N.J., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Many consumers may soon be able to buy life insurance more quickly without undergoing inconvenient at-home medical tests. Management Research Services (MRS), a cutting-edge technology and data provider for the life insurance industry, is integrating Verisk's groundbreaking proprietary voice analytics into its telephone medical interviews to help flag potential tobacco users early and streamline the underwriting workflow. MRS is implementing Verisk's Tobacco Usage Propensity Model, which uses artificial intelligence and machine learning to analyze audio interviews. MRS will then apply the rules it has developed, based on Verisk's model output, to identify a small percentage of applicants who may require lab testing to verify their tobacco usage status, while enabling the vast majority of applicants to bypass lab testing. "Verisk will add tremendous value for our customers," said Tim Dineen, CEO of MRS.
IBM Unveils On-Chip Accelerated Artificial Intelligence Processor - Stocks News Feed
At the annual Hot Chips conference, IBM (NYSE: IBM) today unveiled details of the upcoming new IBM Telum Processor, designed to bring deep learning inference to enterprise workloads to help address fraud in real-time. Telum is IBM's first processor that contains on-chip acceleration for AI inferencing while a transaction is taking place. Three years in development, the breakthrough of this new on-chip hardware acceleration is designed to help customers achieve business insights at scale across banking, finance, trading, insurance applications and customer interactions. A Telum-based system is planned for the first half of 2022. According to recent Morning Consult research commissioned by IBM, 90% of respondents said that being able to build and run AI projects wherever their data resides is important1.
IBM Unveils On-Chip Accelerated Artificial Intelligence Processor
At the annual Hot Chips conference, IBM (NYSE: IBM) today unveiled details of the upcoming new IBM Telum Processor, designed to bring deep learning inference to enterprise workloads to help address fraud in real-time. Telum is IBM's first processor that contains on-chip acceleration for AI inferencing while a transaction is taking place. Three years in development, the breakthrough of this new on-chip hardware acceleration is designed to help customers achieve business insights at scale across banking, finance, trading, insurance applications and customer interactions. A Telum-based system is planned for the first half of 2022. According to recent Morning Consult research commissioned by IBM, 90% of respondents said that being able to build and run AI projects wherever their data resides is important1.
With 45.70% CAGR, Artificial Intelligence (AI) in Food and Beverages Market Share Will Reach USD 29.45 Billion by 2026, Globally: Facts & Factors
New York, NY, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled "Artificial Intelligence (AI) in Food and Beverages Market By Organization Size (Small, Medium & Large Enterprises), By Application (Food Sorting, Quality Control, and Safety Compliance, Consumer Engagement, Production and Packaging, Maintenance, and Other Applications), By End-Use Industry (Food Processing, Grocery, Hotels & Beverages Industry, and Others Region: Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026". "According to the recent research report, the demand of global Artificial Intelligence (AI) in Food and Beverages Market size & share expected to reach to USD 29.45 Billion by 2026 from USD 3.07 Billion in 2020, at a compound annual growth rate (CAGR) of 45.70% during the forecast period 2021 to 2026" Artificial Intelligence (AI) is the process of developing intelligent robots that act and react similarly to humans. The objective is to teach machines how to think intelligently in the same way humans do. Until recently, the machines did exactly what they were programmed to do. AI, on the other hand, will allow machines to think and behave in the same way that people do. In the food processing industry, artificial intelligence is being utilized to improve a variety of products, streamline operations, and improve the customer experience.