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The AI Eye: Veritone (NasdaqGS: $VERI) Reveals AI Adoption in TV Industry Findings and EHAVE, Inc. Announces MDLink AI Coronavirus Screening Platform

 

Point Roberts, WA and Vancouver, BC - June 3, 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.

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The AI Eye: Veritone (NasdaqGS: $VERI) Reveals AI Adoption in TV Industry Findings and EHAVE, Inc. Announces MDLink AI Coronavirus Screening Platform

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Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:VERI) (OTC:EHVVF)

Veritone, Inc. (NasdaqGS:VERI) has revealed the findings of an industry survey done with Future Media Entertainment Group, showing that "a majority of television organizations are embracing AI, and view the technology as a competitive necessity." Called: Pulse Check on AI Adoption: How the TV industry uses AI today and where it's headed, the report indicates "that while more than half of the industry is currently making conscious and strategic efforts to implement AI internally, the use of AI to track, analyze and monetize content more effectively is still in its infancy." Veritone President Ryan Steelberg said:

"While the demand for AI technology is growing in the TV industry, there remains an untapped opportunity to use AI to generate smart content, engage audiences, and, in particular, to create operational efficiencies and new revenue streams. There is still enormous unrealized potential to fully leverage AI as a differentiator. Dominance in television and broadcast in the future will largely be driven by how well organizations take advantage of AI technology, especially now as the industry shifts to more remote work."

EHAVE, Inc. (OTC:EHVVF) announced yesterday that it had signed a letter of intent to acquire 51 percent of Telemedicine Platform MDLink Limited. Today, it was announced that it "will be rolling out an artificial intelligence novel coronavirus screening online platform in collaboration with the IDB Lab, for members of the public." MDLink CEO Che Brown said:

Our Covid-19 screening tool will follow CDC guidelines. It's a screening tool that checks symptoms and directs the user to the right medical facility or to stay home. It will be free to the public and will assist you, if you think you are having coronavirus symptoms and you are not sure. Simply log on to the MDLink platform and speak with a chatbot, an artificial intelligence bot, which will advise you, free of charge, what you should do next."

Global AI in Supply Chain Market to Reach $21.8 Billion by 2027

A report from Meticulous Research finds that the global AI in Supply Chain market is projected to reach $21.8 billion by 2027 with a compound annual growth rate (CAGR) of 45.3 percent in the forecast period 2019-2027. An excerpt from the report description presents an overview of the market:

In modern digital society, digital co-creation and artificial intelligence in supply chain are becoming a dynamic business norm. The adoption of artificial intelligence in supply chain is routing a new era or technological transformation, allowing the companies to track their operations, augment business strategies, enhance supply chain management productivity, and engage with customers in the digital world. The growth of the global AI in supply chain market is primarily driven by perpetually growing internet users & smart devices across the globe, increasing awareness about artificial intelligence & big data & analytics, government initiatives towards digitization, and adoption of computer vision technology across several vertical industries. However, the high procurement operating cost and lack of infrastructure pose the biggest hindrance to the market growth.

Sam Mowers, Investorideas.com

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