Point Roberts, WA and Vancouver, BC - October 6, 2020 (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.
Listen to today's podcast:AI Eye Episode 447: NVIDIA (NasdaqGS: $NVDA) Announced Maxine AI Video Conferencing Platform, Nuance (NasdaqGS: $NUAN) and H&M Integrate Virtual Assistant and Live Chat
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligenceStocks discussed: (NasdaqGS:NVDA) (NasdaqGS:NUAN)
NVIDIA Corporation (NasdaqGS:NVDA) has announced the NVIDIA Maxine platform, described in the press release as "a cloud-based suite of GPU-accelerated AI video conferencing software to enhance streaming video." The platform's users can leverage AI solutions, such as gaze correction, super-resolution, noise cancellation, and face relighting. Additionally, conversational AI services including translations, closed captioning and transcriptions can be employed by users. Ian Buck, vice president and general manager of Accelerated Computing at NVIDIA, explained:
"Video conferencing is now a part of everyday life, helping millions of people work, learn and play, and even see the doctor. NVIDIA Maxine integrates our most advanced video, audio and conversational AI capabilities to bring breakthrough efficiency and new capabilities to the platforms that are keeping us all connected."
Nuance Communications, Inc. (NasdaqGS:NUAN) and global clothing retailer H&M (OTC:HNNMY) have announced the integration of the former's virtual assistant and live chat deployment to Google's Business Messages, allowing H&M "to take advantage of new messaging channels while leveraging the same AI-engine core to its successful virtual assistant and live chat deployment - to enable more seamless cross-channel customer experiences, reducing contact center call volumes, and increasing digital interactions." Tony Lorentzen, Senior Vice President, Intelligent Engagement at Nuance, said:
"With the explosion of digital engagements, especially in the retail sector, we're hearing from customers more about the need to better optimize and handle consumer engagements and service requests across channels. The differentiator with Nuance technology is that we can partner to build one virtual assistant and extend that system to whichever channel an organization wants to leverage for engagement. Google's Business Messages is one example, where we are further enabling H&M to give customers more convenient options to get their questions answered without ever having to pick up the phone."Global Network Automation Market – Driven by AI, ML Adoption – to Reach $8.9 Billion by 2025
A report published by Research and Markets finds that the global Network Automation market will grow from $2.9 billion in 2020 to $8.9 billion by 2025, with a compound annual growth rate (CAGR) of 24.8 percent in the forecast period. According to the report description:
The major factors driving the growth of the network automation market include increasing network traffic and cloud infrastructure leading to a significant transition in data centers, increasing adoption of connected devices, increasing adoption of automation technologies such as AI and machine learning, rising adoption of virtual and software-defined infrastructure, and surge in human error rates in manual systems causing network downtime.
Sam Mowers, Investorideas.comInvestors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto Corner, Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change, Exploring Mining the AI Eye.
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
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
The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android
800 665 0411Buy a technology guest post on Investorideas.com