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AOTH-NexOptic Technology Corp. joins Arm AI Partner Program

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From the primitive scratchings of ancient cave dwellers, to the super-high-resolution images of far-off galaxies captured by modern telescopes, human beings have always been obsessed with pictures. The history of photography is the progression of society's ability to freeze an image in time, using technology to gradually improve its quality. The word photography is based on the Greek "photos" and "graphe" which together means "drawing with light". While decent-quality photos today are instantly available with the touch of a button on any smart phone, early photography was a laborious process that often delivered poor results. Picture-making dates back to antiquity with the discovery of two principles – camera obscura image projection, and the observation that certain substances can be altered by exposure to light. Camera obscura, the phenomenon that occurs when an image is projected through a small hole onto an opposite surface, was found in the writings of Aristotle and Chinese scholars, dating back to the 4th century BC.


Artificial Intelligence is Projected to Have a Strong Impact on Global GDP

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Artificial intelligence (AI) is expected to transform the productivity and GDP potential of the global economy. According to a report by PWC, strategic investment in different types of AI technology is needed to make that happen. PWC's research shows that 45% of total economic gains by 2030 will come from product enhancements, stimulating consumer demand. This is because AI will drive greater product variety, with increased personalization, attractiveness and affordability over time. AI could contribute up to $15.7 trillion1 to the global economy in 2030, more than the current output of China and India combined.


The Rise of Artificial Intelligence is Projected to Accelerate

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According to data published by Grand View Research, the global artificial intelligence market size is projected to reach $35.87 billion by 2025, while growing at a CAGR of 57.2 percent. The report indicates that rapid improvements in fast information storage capacity, high computing power, and parallelization are some of the factors that are contributing to the rapid innovations of robotics and artificial intelligence technology. AI becomes prominent in end-use industries such as automotive and healthcare. In addition, there is strong demand for understanding and analyzing visual contents and gaining meaningful insights, which is also expected to provide strength to the market over the forecast period. A report by the McKinsey Global Institute surveyed companies about their use of AI.