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The AI Eye: Boeing (NYSE: $BA) Launching SkyGrid in Collaboration with SparkCognition, Mazor Robotics (NasdaqGM: $MZOR) Shareholder Approve Merger with Medtronic (NYSE: $MDT)

The Global Mobile #AI Market Projected to Reach $22.5 Billion by 2024 at a CAGR of 28.8%

 

Point Roberts, WA and Vancouver, BC - November 20, 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: Boeing (NYSE: $BA) Launching SkyGrid in Collaboration with SparkCognition, Mazor Robotics (NasdaqGM: $MZOR) Shareholder Approve Merger with Medtronic (NYSE: $MDT)

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

The Global Mobile AI Market Projected to Reach $22.5 Billion by 2024 at a CAGR of 28.8%

Globally, the Mobile AI Market size is projected to reach $22.5 billion USD by 2024. According to a new report from ResearchAndMarkets.com, titled: Global Mobile Artificial Intelligence Market Analysis (2018-2024), the forecast period will see compound annual growth rate (CAGR) of 28.8 percent. The report breaks down the market into separate regions, identifies key players in the space and focuses on smartphone, camera, automotive, robotics, AR/VR and drone applications. Quoting from the press release:

The Mobile Artificial Intelligence (AI) revolution is expected to bring about significant changes during the forecast period. It is expected to not merely work on increasing the processing power of smartphones, instead, it is expected to be a process that is expected to empower the phones to learn and decide for the best functioning methods. The adoption of mobile AI is expected to significantly work on changing the way complex subjects are perceived.

Boeing Launching SkyGrid in Collaboration with SparkCognition, Mazor Robotics Shareholder Approve Merger with Medtronic and BrainChip to Participate in Edge AI Summit

Stocks discussed: (NYSE:BA) (NasdaqGM:MZOR) (NYSE:MDT) (ASX:BRN.AX)

The Boeing Company (NYSE:BA), announced that it will launch a new company called SkyGrid, in collaboration with AI systems developer SparkCognition, Inc. SkyGrid will develop a software platform that will safely integrate autonomous cargo and passenger air vehicles in the global airspace. SparkCognition founder and CEO, Amir Husain, will also serve as CEO of SkyGrid. Husain explained how SkyGrid brings together AI and blockchain technology:

"SkyGrid merges expertise in AI, blockchain, security and aviation to deliver breakthrough technological advancements for the rapidly-growing urban aerial mobility industry. By offering scalable and robust capabilities in a single, integrated framework, SkyGrid will make large-scale air vehicle applications more practical and accessible."

Mazor Robotics Ltd. (NasdaqGM:MZOR) has announced that the company’s shareholders have approved a definitive merger agreement with the wholly-owned subsidiaries of Medtronic plc (NYSE:MDT). When the transaction is complete, shareholders will receive $58.50 per American Depository Share, or $29.25 per ordinary share, in cash, for a total of approximately $1.64 billion.

BrainChip Holdings Limited (ASX:BRN.AX) will participate in the Edge AI Summit on December 11, 2018 in San Francisco. The summit will showcase hardware innovation and a new generation of edge-native and edge-enhanced software applications which are emerging. BrainChip SVP for marketing and business development, Robert Beachler, said:

“Being invited to speak at the AI Edge Summit highlights why BrainChip is now considered the leader in neuromorphic computing hardware and software. The Summit allows me to present to leading industry practitioners the plans BrainChip has to introduce by mid-2019 a small, low cost and low power neuromorphic SoC ideal for edge applications that will enable complex neural network training and inferencing for vision systems and cybersecurity and financial technology markets.”

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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