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The #AI Eye: Nvidia (NasdaqGS: $NVDA) Unveils Jetson Nano AI Computer, Qualcomm (NasdaqGS: $QCOM) Launches QCS400 SoC Series

AI & Robotics to Help Drive MRF Market to $251.7 Million by 2022

 

Point Roberts, WA and Vancouver, BC - March 19, 2019 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering Artificial Intelligence (AI) 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: Nvidia (NasdaqGS: $NVDA) Unveils Jetson Nano AI Computer, Qualcomm (NasdaqGS: $QCOM) Launches QCS400 SoC Series

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

AI & Robotics to Help Drive MRF Market to $251.7 Million by 2022

A recent article from Recycling Product News reports data from market research company Frost & Sullivan, that technology such as AI and robotics is projected to drive the material recovery facilities (MRF) market to $251.7 million by 2022 with a compound annual growth rate (CAGR) of 6.3 percent. The article lists the following growth opportunities in the market:

  • Retrofitting new, advanced screens and sorters. Additional investments in smart systems and AI will drive their long-term growth.
  • Employing contract models that incorporate more effective inspection processes to improve recycling habits.
  • Upgrading to screens, non-wrapping screens, and sorting, especially optical and color optical sorting.
  • Fostering close relationships with MRF operators and understanding their current facility equipment, experiences, and preferences.
  • Leveraging up-selling and cross-selling opportunities.

Nvidia Unveils Jetson Nano AI Computer, Qualcomm Launches QCS400 SoC Series and NICE Actimize Chosen For AI and ML-Powered Anti-Money Laundering Solutions

Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:QCOM) (NasdaqGS:NICE)

NVIDIA Corporation (NasdaqGS:NVDA) has unveiled the Jetson Nano, a CUDA-X AI computer. The product comes in both a $99 development kit for developers, makers and enthusiasts and the $129 production-ready module for companies looking to create mass-market edge systems. Deepu Talla, vice president and general manager of Autonomous Machines at NVIDIA, said:

"Jetson Nano makes AI more accessible to everyone - and is supported by the same underlying architecture and software that powers our nation's supercomputers. Bringing AI to the maker movement opens up a whole new world of innovation, inspiring people to create the next big thing."

Qualcomm Incorporated (NasdaqGS:QCOM) has launched the QCS400 SoC series, which help deliver highly optimized, AI-enabled solutions that are designed for smarter audio and IoT applications. Rahul Patel, senior vice president and general manager, connectivity, Qualcomm Technologies, Inc., explained:

"These new SoCs raise the bar on both feature integration and power performance for smart audio compared to our previous technology. This will help manufactures to more easily overcome significant technical challenges and build smarter speakers and assistants with more intuitive voice UI, connected user experiences and exceptional sound quality."

NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE) has been chosen by by Israel Discount Bank of New York (IDB Bank) to improve its financial crime operations using anti-money laundering technology that employ artificial intelligence and machine learning. Kevin Choi, Chief Compliance Officer IDB Bank of New York, commented:

"NICE Actimize's innovations in machine learning and advanced case management will reduce false-positive alerting and speed up investigations, enabling us to improve our entire financial crime operations effectiveness and efficiency."

Sam Mowers, Investorideas.com


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