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The AI Eye: Veritone's (NASDAQ: VERI) aiWARE Receives FedRAMP Approval and Viome Collaborating with Helomics to Study Cancer with AI

 

Point Roberts, WA and Vancouver, BC - March 25, 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: Veritone's (Nasdaq:VERI) aiWARE Receives FedRAMP Approval and Viome Collaborating with Helomics to Study Cancer with AI

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

AI-Based Chatbot Market to Reach $2.2 Billion by 2024

A new report from Research and Markets indicates that the AI-based chatbot market will reach $2.2 billion globally by 2024. An excerpt from the report summary reads:

Artificial Intelligence (AI) enabled chatbots are taking Customer Relationship Management (CRM) to a new level as business-to-business, business-to-consumer, and consumer-to-business communications is both automated and improved by way of push and pull of the right information at the right time. Chatbots also provide benefits to customers as both existing clients and prospects enjoy the freedom to interact on their own terms. Our research indicates that over 50% of customer queries may be managed today via AI-based chatbots.

Veritone's aiWARE Receives FedRAMP Approval and Viome Collaborating with Helomics to Study Cancer with AI

Stocks discussed: (NasdaqGM:VERI) (NasdaqCM:AIPT)

Veritone, Inc. (NasdaqGM:VERI) has received Federal Risk and Authorization Management Program (FedRAMP) Authorization for its aiWARE platform. aiWARE is a government platform which "orchestrates an expanding ecosystem of machine learning models to transform audio, video and other data sources into actionable intelligence". Ryan Steelberg, president of Veritone, said:

"Achieving a FedRAMP Authorization is a huge milestone for Veritone and validates our AI platform as a viable and secure option for federal agencies to leverage artificial intelligence to accomplish their missions more efficiently and effectively. Because our aiWARE Government platform fulfilled the rigorous security requirements to achieve a FedRAMP Authorization, individual agencies can now expedite the procurement and use of our AI offerings."

Health tech firm Viome has announced a collaboration with Precision Therapeutics Inc. (NasdaqCM:AIPT) company Helomics to study the link between the gut microbiome and ovarian cancer. The study will see Viome's proprietary microbiome analysis platform and artificial intelligence (AI) platform. Gerald Vardzel, President and CEO of Helomics Corporation, said:

"Helomics pioneered using knowledge gained from drug response and genomic profiling of the patient's living tumor to help individualize ovarian cancer therapy. The collaboration with Viome is groundbreaking, generating data from the microbiome combined with our existing data and using our respective AI platforms, to offer an innovative, holistic and personalized approach to helping oncologists choose the best treatment options for patients with ovarian cancer."

Sam Mowers, Investorideas.com


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