The AI Eye: Microsoft (NASDAQ: MSFT) Partners with General Assembly to Close AI Skills Gap and HP to Acquire Supercomputing Firm Cray (NASDAQ: CRAY)
Point Roberts, WA and Vancouver, BC - May 17, 2019 (Investorideas.com Newswire) Investorideas.com (www.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: Microsoft (NASDAQ: $MSFT) Partners with General Assembly to Close AI Skills Gap and HP to Acquire Supercomputing Firm Cray (NASDAQ: $CRAY)
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (Nasdaq:MSFT) (NYSE:HPE) (Nasdaq:CRAY)
Microsoft (NasdaqGS:MSFT) has partnered with education provider General Assembly to close the skills gap in artificial intelligence, cloud and data engineering, machine learning, data science, and more. The endeavor is expected to upskill and reskill 15,000 workers by 2022, creating a vast reserve of AI talent. Jake Schwartz, CEO and cofounder of General Assembly, said:
"Artificial intelligence is driving the greatest disruption to our global economy since industrialization, and Microsoft is an amazing partner as we develop solutions to empower companies and workers to meet that disruption head on. At its core, GA has always been laser-focused on connecting what companies need to the skills that workers obtain, and we are excited to team up with Microsoft to tackle the AI skills gap."
Hewlett Packard (NYSE:HPE) is set to acquire supercomputing company Cray, Inc. (NasdaqGS:CRAY). The transaction is expected to close by the first quarter of fiscal 2020. Peter Ungaro, President and CEO of Cray, said:
"HPE and Cray share a commitment to customer-centric innovation and a vision to create the global leader for the future of high performance computing and AI. On behalf of the Cray Board of Directors, we are pleased to have reached an agreement that we believe maximizes value and are excited for the opportunities that this unique combination will create for both our employees and our customers."
AI in Cybersecurity to See 31% CAGR from 2019-2025
New data gleaned from Research N Reports finds that the AI in cyber security market is expected to exhibit a compound annual growth rate (CAGR) of 31 percent from 2019 to 2025, according to Market Research News. An excerpt from the report coverage on Market Research News reads:
The Artificial Intelligence (Ai) In Cyber Security market for cloud deployment is growing at a high rate. Several businesses have already moved part of their operations to the cloud, which has led security vendors to develop cloud-based solutions as the data to be protected is on the cloud. Migrating to the cloud has benefits such as enhanced flexibility, control, and scalability. Cloud deployment significantly reduces the capital investment that is required to implement Cybersecurity solutions; this is one of the major reasons for the increased demand for cloud-based Cybersecurity from most enterprises.
Sam Mowers, Investorideas.com
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