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The AI Eye: Accenture (NYSE: $ACN) Acquires New Content, Kraken Robotics Enters Bought Deal Agreement Worth $6 Million

AI in Global Aviation Market Could Show a CAGR of 38% from 2018-2022 According to New Report

 

Point Roberts, WA and Vancouver, BC - December 4, 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: Accenture (NYSE: $ACN) Acquires New Content, #Kraken Robotics Enters Bought Deal Agreement Worth $6 Million

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

AI in Global Aviation Market Could Show a CAGR of 38% from 2018-2022 According to New Report

A new report from Technavio, titled: Global Artificial Intelligence in Aviation Market 2018-2022, indicates that growth of AI could register a compound annual growth rate of 38 percent in that market. The research encompasses AI's growing application in airline and airport operations and manufacturing and MRO activities. The report identifies big data as a key driver in the market. An excerpt from the report summary reads:

By enabling the cost-efficient design of products, more efficient manufacturing and operations, and better business decisions and internal operations, big data is expected to drive the artificial intelligence in the aviation market growth during the forecast period.

Accenture Acquires New Content, Kraken Robotics Enters Bought Deal Agreement Worth $6 Million and Imagination Park Files for “Augmented Reality” Patent

Stocks discussed: (NYSE:ACN) (TSXV:PNG) (CNSX:IP)

Accenture (NYSE:ACN) has completed the acquisition of Brazilian content marketing agency New Content. This acquisition adds 200 employees to Accenture Interactive, including the leadership team of New Content, and positions the company more favourably toward serving clients in Latin America.

Kraken Robotics Inc. (TSXV:PNG) has entered into an engagement agreement with Clarus Securities Inc. on behalf of a syndicate of underwriters for a "bought deal" valued at $6 million. This includes 15 million common shares at a price of $0.40 each. According to the press release: "the Offering is expected to close on or about December 31, 2018 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange Inc."

Imagination Park Entertainment Inc. (CNSX:IP) has filed a patent application for "Systems and Methods for Creating and Delivering Augmented Reality Content" with the U.S. Patent and Trademark Office. Company President and CEO, Alen Paul Silverrstieen, commented:

"This cornerstone patent application is key to building value for our shareholders as we continue to develop and market our augmented reality platform throughout North America. Protecting our unique augmented reality property will strengthen our competitive advantage, allowing us to further expand our client base, pipeline, and revenue."

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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