We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - August 3. Join AI and data leaders for insightful talks and exciting networking opportunities. This week, Nvidia announced a slew of AI-focused hardware and software innovations during its March GTC 2022 conference. The company unveiled the Grace CPU Superchip, a data center processor designed to serve high-performance compute and AI applications. And it detailed the H100, the first in a new line of GPU hardware aimed at accelerating AI workloads including training large natural language models. But one announcement that slipped under the radar was the general availability of Nvidia's Riva 2.0 SDK, as well as the company's Riva Enterprise managed offering. Both can be deployed for building speech AI applications and point to the growing market for speech recognition in particular.

According to Markets and Markets, the global AI drug discovery market is projected to reach $ 1,434 million by 2024 from $ 259 million in 2019, at a CAGR of 40.8% during the forecast period 2019–2024. For example, BioXcel Therapeutics, Inc. (Nasdaq: BTAI) is a clinical-stage company utilising AI drug discovery approaches in neuroscience and immuno-oncology and has an emerging drug named BXCL501, that is an orally dissolving thin film formulation of dexmedetomidine, a selective alpha-2a receptor agonist for the treatment of agitation associated with neuropsychiatric disorders (Via Finance Yahoo). BioXcel Therapeutics has observed anti-agitation results in multiple clinical studies with BXCL501 including: SERENITY I for schizophrenia related agitation, SERENITY II for bipolar disorder related agitation and TRANQUILITY for dementia related agitation. Accordingly, BXCL501 has been granted Breakthrough Therapy designation for the acute treatment of agitation associated with dementia and Fast Track designation for the acute treatment of agitation associated with schizophrenia, bipolar disorders and dementia. Moreover, BioXcel recently received acceptance of its New Drug Application for BXCL501 for the acute treatment of agitation associated with schizophrenia and bipolar disorders.

Ideally, your brand illustrates who your organization or company is and how it's perceived by your customers. This means both marketing and product managers need to work closely to protect the overall brand value. Brand management, at its core, is all about sustaining, positioning, defining, crafting, and ensuring a good brand reputation. All in all, brand management is vital as it helps your company influence purchasing behavior; reassuring clients that your company values them; achieving customer loyalty. This is where Artificial Intelligence (AI) can make all the difference.

After reading the press releases for this batch of 24 research reports, although they vary widely in their forecasts, they almost all agree that most segments of the robotics industry are expected to grow at a double-digit pace at least through 2022. Drone Identification System Market April 2017, Markets and Markets, $5,650 The drone identification market is estimated to grow from $801.8 Million in 2016 to $16 billion by 2022, at a CAGR 64.64% during the forecast period. Automated Guided Vehicle Market April 2017, Markets and Markets, $5,650 The automated guided vehicle market is expected to reach $2.68 billion by 2022, at a CAGR of 9.34% between 2017 and 2022. The growth of this market is propelled by advancements in automation, emphasis on workplace safety, and the growing need to cut down operational cost and increase productivity. Global smart robots market January 2017, 84 pages, TechNavio, $2,500 Forecasts the global smart robots market to grow at a CAGR of 20.65% during the period 2016-2020.

Companies worldwide will spend $3.5 trillion on IT in 2017, market research firm Gartner predicts. Above all else, companies are expected to increase their spending on software and services (as opposed to hardware), as they all rush to buy their tech via the cloud computing model, where tech is hosted in the vendor's data center and delivered as a service over the internet. Software spending is projected to be up 6 percent in 2016, and to grow another 7.2 percent in 2017 to a total of $357 billion. Meanwhile, companies will spend $943 billion on IT services, up nearly 5% over 2016 spending levels. All this means that there are billions of dollars at stake for the rising tech trends, things that emerged within that last few years are ready to take off and become mainstream next year.