The AI Eye: Arlo Announces (NYSE: $ARLO) "Works with Arlo" at CES, CEVA (NasdaqGS: $CEVA) Introduces WhisPro
Global AI in Construction Market to Grow $1.1 Billion at a CAGR of 28% by 2023
Point Roberts, WA and Vancouver, BC - January 7, 2019 (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: Arlo Announces (NYSE: $ARLO) "Works with Arlo" at CES, CEVA (NasdaqGS: $CEVA) Introduces WhisPro
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Global AI in Construction Market to Grow $1.1 Billion at a CAGR of 28% by 2023
Market research company Technavio has recently published a report titled: Global Artificial Intelligence (AI) in Construction Market 2019-2023. The report finds that the Ai in construction market will grow $1.1 billion in the forecast period at a compound annual growth rate of 28 percent. An excerpt from the report summary reads:
The increasing demand for data integration and visual analytics is one of the critical reasons that will drive the growth of artificial intelligence (AI) in the construction market. The need for data integration solutions is increasing due to growing data proliferation and complexities. Many end-user industries are focusing on exploring and analyzing various types of data by adopting AI-powered video analytics systems. Additionally, they are also focusing on obtaining dynamic data representation by integrating their businesses with business analytics software.
Various end-user industries such as healthcare, energy, finance, construction, and advertisement sectors extensively rely on AI. As a result, investors are heavily investing in AI start-ups, which in turn, will increase M&A.
Arlo Announces "Works with Arlo" at CES, CEVA Introduces WhisPro and Datametrex to Complete Non-Brokered Private Placement
Stocks discussed: (NYSE:ARLO) (NasdaqGS:CEVA) (TSXV:DM)
Arlo Technologies (NYSE:ARLO) announced the "Works with Arlo" program at the CES tech conference. "Works with Arlo" connects smart locks, lights, speakers and more through the recently announced Arlo SmartHub. Pat Collins, senior vice president of Arlo products explained:
"While there are an increasing number of internet-connected devices in the marketplace, security cameras are often viewed as the core of the smart home. Seeing a need to help consumers streamline the way they control their Arlo products and other smart home devices, we set out to create a solution designed to grow as our users expand their ecosystem. The 'Works with Arlo' program not only assures users that compatible products will integrate with their Arlo system, but also allows for simplified smart home management through one central interface - the Arlo app."
CEVA, Inc. (NasdaqGS:CEVA) introduced WhisPro, a Neural Network based speech recognition technology targeting the rapidly growing use of voice as a primary human interface for intelligent cloud-based services and edge devices. WhisPro allows users of voice enabled devices, Bluetooth earphones, smart speakers and smartphones to interact with cloud-based voice assistant services, such as Amazon Alexa, Google Assistant, Baidu DuerOS and others.
Datametrex AI Limited (TSXV:DM) intends to complete a non-brokered private placement of up to 30,000,000 units at a price of $0.05 per Unit, for gross proceeds of up to $1,500,000. However the company may increase the size of the Offering by up to 20 percent, which is an additional 6,000,000 Units for an aggregate of 36,000,000 Units, at any time up to 48 hours before the closing the Offering.
Sam Mowers, Investorideas.com
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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