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AI Eye Podcast 660: Stocks discussed: (NYSE: $IBM) (NasdaqGS: $INTC)

Vancouver, Kelowna, Delta, BC – February 14, 2022 (Investorideas.com Newswire) 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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AI Eye Podcast 660: Stocks discussed: (NYSE: $IBM) (NasdaqGS: $INTC)

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Today’s ColumnThe AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:IBM) (NasdaqGS:INTC)

IBM (NYSE:IBM) has announced “key developments to help clients accelerate transformation with a series of new capabilities designed to modernize applications across hybrid cloud environments.” According to the press release, this will include delivering “IBM Z as-a-service on IBM Cloud for development and test, as well as additional tools for developing hybrid applications.” Tarun Chopra, Vice President, IBM Z Hybrid Cloud, said:

“Today’s IBM is focused on helping our clients across every industry apply hybrid cloud and AI to transform the way their businesses work. IBM recognizes that there is no one-size-fits-all approach to modernization. By leveraging both IBM Z and IBM Cloud, clients can benefit from a hybrid cloud approach that allows them to capitalize on the innovations, technical advancements, security, and resiliency of each platform. With hybrid cloud, you keep your workloads where they need to be–in the cloud, on premises, and at the edge–to help reduce risk and improve time to market.”

Benteler EV Systems, Beep Inc., and Mobileye, a subsidiary of Intel Corporation (NasdaqGS:INTC), have announced a “strategic collaboration to develop and deploy automotive-grade, fully electric, autonomous movers in public and private communities across North America.” This will allow for the development and deployment of a fully autonomous (SAE Level 4) electric mover for the U.S., powered by Mobileye’s self-driving system, Mobileye Drive. Johann Jungwirth, vice president of Mobility-as-a-Service at Mobileye, said:

“The full benefits of autonomy can only be reached with scale. Working with Beep and Benteler, Mobileye aims to mass-produce first- and last-mile self-driving mobility solutions that will enable the convenient, accessible and safe movement of people across North America.”

Global AI in Computer Vision Market to Reach $73.7B by 2027

A report published by Research and Markets finds that the global AI in Computer Vision market will reach $73.7 billion by 2027, growing at a by unit volume expansion of 37.8 percent compound annual growth rate (CAGR) from 2022-27. An excerpt from the report’s description outlines the market:

AI represents the ability to organize information and create outcomes in learning, decision-making, and problem-solving using a computer-enabled robotic system in the same way a human brain does. The integration of AI and computer vision systems enhance the accuracy of object identification, classification, and analysis of information.

Through leveraging AI, computer vision systems provide a robotic system in which vision sensing capabilities provide information about the environment. One of the best examples of this in practice is autonomous vehicles, which rely on computer vision and AI-based decision making for safe travel.

Sam Mowers, Investorideas.com

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