The AI Eye: Amazon (NasdaqGS: $AMZN) Joins with Schlage for Improved Smart Home Solutions, Delphi) (NYSE: $DLPH) Reports Q3 Financials, Accenture (NYSE: $ACN) Forms Alliance with Quantexa to Fight Financial Crime
AI Market in APAC Projected to Grow from $6 Billion in 2017 to $136 Billion
Point Roberts, WA and Vancouver, BC - November 7, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) , in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, 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: Amazon (NasdaqGS: $AMZN) Joins with Schlage for Improved Smart Home Solutions, Delphi ) (NYSE: $DLPH) Reports Q3 Financials, Accenture (NYSE: $ACN) Forms Alliance with Quantexa to Fight Financial Crime
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
AI Market in APAC Projected to Grow from $6 Billion in 2017 to $136 Billion
The AI Market in the Asia Pacific region could overtake its North American and European counterparts by 2025, according to a new report from Tractica. The report's analysis shows that the AI market, which encompasses software, hardware and services, will grow from $6 billion in 2017 to $136 billion by 2025. The report predicts that China will lead the charge, comprising 70 percent of the market by 2025. Business Wire quotes research director Aditya Kaul:
"Most of the impetus for AI growth in the Asia Pacific region will come from China, as it pushes the accelerator on its plans to become a science and technology powerhouse and recognizes the role of AI in driving its ambitions. While China is leading most of the headlines, countries like Japan, South Korea, India, Taiwan, and Singapore have also shifted their focus toward AI, all of them announcing national AI strategies."
Amazon Joins with Schlage for Improved Smart Home Solutions, Delphi Reports Q3 Financials, Accenture Forms Alliance with Quantexa to Fight Financial Crime and Datametrix Files for AI Suicide Prevention Patents
Stocks discussed: (NasdaqGS:AMZN) (NYSE:ALLE) (NYSE:DLPH) (NYSE:ACN) (TSX:DM.V)
Amazon.com, Inc. (NasdaqGS:AMZN) has teamed up with door hardware and smart lock company Schlage, a brand of safety and security firm Allegion (NYSE:ALLE), to deliver integrated smart home solutions to homeowners. In tandem, Schlage has announced the Schlage Connect Smart Deadbolt, which is available as part of the Amazon Key Smart Lock Kit.
Delphi (NYSE:DLPH) has reported financial results for the third quarter of 2018. Highlights include diluted earnings per share of $0.44, and revenue of $1.2 billion, which represents a decrease of 1 percent.
Accenture (NYSE:ACN) has invested in and formed a strategic alliance with Quantexa, a data analytics firm that provides technology solutions to uncover new intelligence. According to the press release, the investment will: "help Quantexa accelerate the development of its AI-powered entity resolution and network analytics technology working with Accenture Applied Intelligence. The new collaboration will help clients uncover new actionable insights across multiple industry use cases including fighting financial crime."
"Suicide is a global epidemic affecting millions of people, governments around the world have dedicated billions of dollars to prevention. As President of the Company I am proud to announce that we will begin working on building tools that will assist governments across the globe in identifying potentially at risk individuals in an effort to prevent tragic outcomes."
Sam Mowers, Investorideas.com
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AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
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