The AI Eye: #IBM (NYSE: $IBM) Reveals Atmospheric Forecasting System and Project Debater, NVIDIA ( $NVDA) Announces DRIVE Autopilot and Qualcomm ( $QCOM) Introduces Snapdragon Automotive Cockpit Platforms at #CES2019
AI in Oil and Gas to See CAGR of Over 12.14% from 2018-2023
Point Roberts, WA and Vancouver, BC - January 11, 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: #IBM (NYSE: $IBM) Reveals Atmospheric Forecasting System and Project Debater, NVIDIA ( $NVDA) Announces DRIVE Autopilot and Qualcomm ($QCOM) Introduces Snapdragon Automotive Cockpit Platforms at #CES2019
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
AI in Oil and Gas to See CAGR of Over 12.14% from 2018-2023
The AI in Oil and Gas Market is projected to grow at a compound annual growth rate (CAGR) of more than 12.14 percent in the forecast period of 2018-2023, according to a report from Industry Research. An excerpt from the report reads:
The oil and gas industry operates across a high-risk environment, where the application of AI is expected to aid in streamlining the overall production process and controlling the wastage across the endpoints. Various IoT sensors exhibit multiple functions, which are integral components of upstream and downstream activities, across the industry. From exploration activities (upstream) to leak monitoring while transportation (downstream), there are opportunities for significant application of AI, in the industry. However, the increasing safety concerns among the workforce, especially the maintenance of aging pipeline infrastructure, poses pressure on the oil and gas manufacturers, to include gas and temperature sensors in case of fire emergencies. This factor increases the demand for several data analysis processes that use predictive modeling, across the oil and gas industry. The rising adoption of smart sensing technology as a part of industrial IoT is poised to provide considerable opportunities to the oil and gas industry, in order to curb the safety issues to a substantial extent.
IBM Reveals Atmospheric Forecasting System and Project Debater, NVIDIA Announces DRIVE Autopilot and Qualcomm Introduces Snapdragon Automotive Cockpit Platforms at CES 2019
Stocks discussed: (NYSE:IBM) (NasdaqGS:NVDA) (NasdaqGS:QCOM)
As CES 2019 comes to a close today, these are some highlights from the Las Vegas tech conference.
IBM (NYSE:IBM), along with subsidiary The Weather Company, revealed the IBM Global High-Resolution Atmospheric Forecasting System (GRAF), which will be released later this year. GRAF is a weather forecasting system that can provide hourly updates for any location in the world. The company also announced Project Debater - Speech By Crowd - an AI-driven platform that collects view points from both sides of the crowd on a given topic and automatically creates convincing viewpoints for or against the topic.
NVIDIA Corporation (NasdaqGS:NVDA) announced the DRIVE autopilot, the world's first commercially available Level 2+ automated driving system. DRIVE utilizes multiple AI technologies, including AI copilot capabilities and advanced in-cabin visualization of the vehicle's computer vision system. Rob Csongor, vice president of Autonomous Machines at NVIDIA commented:
"A full-featured, Level 2+ system requires significantly more computational horsepower and sophisticated software than what is on the road today. NVIDIA DRIVE AutoPilot provides these, making it possible for carmakers to quickly deploy advanced autonomous solutions by 2020 and to scale this solution to higher levels of autonomy faster."
QUALCOMM Incorporated (NasdaqGS:QCOM) introduced its 3rd Generation Qualcomm Snapdragon Automotive Cockpit Platforms. According to the press release, the Snapdragon Automotive Cockpit Platforms are the automotive industry's "first-announced scalable artificial intelligence (AI)-based platforms", and support "higher levels of computing and intelligence needed for advanced capabilities featured in next generation vehicles, including highly intuitive AI experiences for in-car virtual assistance, natural interactions between the vehicle and driver, and contextual safety use cases".
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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