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The AI Eye: Datametrex has Developed an AI Solution for 'Fake News', Avnet (NasdaqGS: $AVT) Declares Quarterly Dividend and Venzee Announces Q3 Financial Results

AI and Cognitive Tech Market Expanding in Healthcare

 

Point Roberts, WA and Vancouver, BC - November 19, 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: Datametrex has Developed an AI Solution for 'Fake News', Avnet (NasdaqGS: $AVT) Declares Quarterly Dividend and Venzee Announces Q3 Financial Results

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

AI and Cognitive Tech Market Expanding in Healthcare

ResearchAndMarkets.com has recently published a report, titled: Cognitive Computing and Artificial Intelligence Systems Market in Healthcare. The report analyzes the global market for cognitive computing and artificial intelligence systems in healthcare by offering, technology, application, end users and geographic markets. The report breaks down the market by region, identifies key players and technological developments driving growth. An excerpt from a Business Wire release detailing the report reads:

The cognitive healthcare industry represents a new partnership between human beings and technology that has the potential to transform healthcare on a global scale. Cognitive systems that understand, reason and learn are assisting people to expand their knowledge base, improve their productivity and deepen their expertise. This has proven extremely useful in various areas of the healthcare industry.

With the increasing integration of cognitive computing, users can now see health data that were previously inaccessible which can, in turn, have a great impact on the healthcare industry by greatly improving patient care. Humans generate an enormous amount of health-related data. This data comes from a wide variety of sources, such as personal fitness trackers, mobile apps, electronic medical records, as well as genomic and clinical research. The development of AI and cognitive computing platforms can avoid the discarding and wasting of data for the majority of patients.

Datametrex has Developed an AI Solution for 'Fake News', Avnet Declares Quarterly Dividend and Venzee Announces Q3 Financial Results

Stocks discussed: (TSXV:DM.V) (NasdaqGS:AVT) (TSXV:VENZ.V)

Datametrex AI Limited (TSX:DM.V) has announced that its wholly-owned subsidiary, Nexalogy Environics Inc. has developed an AI solution for fake news detection. Nexalogy's NexaIntelligence Engine now includes automated detection of suspicious news sources on social media. Claude G. Théoret, President of Nexalogy, commented on the development:

"Thanks to our advanced clustering algorithms, Nexalogy has been able to spot content farms and bot accounts for years. As fake news becomes more prevalent we are seeing demand from both government and private sectors for disinformation detection in social discussions. Adapting the technology to the NexaIntelligence software has given us the ability and expertise in-house to tackle other dubious information sources in the future."

Avnet, Inc. (NasdaqGS:AVT) has declared a regular quarterly cash dividend of $0.20 per share. The dividend will be paid on December 19, 2018 to shareholders of record as of the close of business on December 5, 2018.

Venzee Technologies Inc. (TSX:VENZ.V) has announced its financial results for the third quarter of 2018. Highlights include an increase in quarter-on-quarter revenue of 56 percent, rising from $47,480 to $74,202.

Sam Mowers, Investorideas.com

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Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.

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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