The AI Eye: NVIDIA (Nasdaq: NVDA) Develops AI That Predicts 3D Properties of 2D Images and Baidu (Nasdaq: BIDU) Registers Most AI Patent Applications of the Year in China
Point Roberts, WA and Vancouver, BC - December 9, 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: NVIDIA (Nasdaq: $NVDA) Develops AI That Predicts 3D Properties of 2D Images and Baidu (Nasdaq: $BIDU) Registers Most AI Patent Applications of the Year in China
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:BIDU)
NVIDIA Corporation (NasdaqGS:NVDA) has developed an AI that can predict and render 3D properties of 2D images, detailed in a recently-published paper: Learning to Predict 3D Objects with an Interpolation-based Differentiable Renderer. An excerpt from the paper’s introduction reads:
3D visual perception contributes invaluable information when understanding and interacting with the real world. However, the raw sensory input to both human and machine visual processing streams are 2D projections (images), formed by the complex interactions of 3D geometry with light. Enabling machine learning models to understand the image formation process could facilitate disentanglement of geometry from the lighting effects, which is key in achieving invariance and robustness.
Baidu, Inc. (NasdaqGS:BIDU) has filed the most AI-related patent applications in China, according to a recent study from the research unit of China’s Ministry of Industry and Information Technology (MIIT). The firm had a total of 5,712 AI-related patent applications as of October 2019. Victor Liang, Vice President and General Counsel of Baidu, commented:
“Baidu retained the top spot for AI patent applications in China because of our continuous research and investment in developing AI, as well as our strategic focus on patents.
In the future, we will continue to increase our investments into securing AI patents, especially for high-value and high-quality patents, to provide a solid foundation for Baidu’s AI business and for our development of world-leading technology.”
Global AI-Powered Storage Market to Reach $34.5 Billion by 2024
A report from Markets and Markets finds that the global AI-Powered Storage market is projected to grow from $10.4 billion in 2019 to $34.5 billion by 2024 with a compound annual growth rate (CAGR) of 27.1 percent. An excerpt from the report description outlines the AI-powered storage market for BFSI, which is expected to be the largest component of the market under discussion:
The major objectives of AI in the BFSI sector are to provide personalized customer experience, faster turn-around-time, error-free back-end processes, which run without human intervention, and security and compliance. In the finance sector, decisions about loans are now being made by software that can take into account a variety of finely parsed data about a borrower, rather than just a credit score and a background check. In addition, there are also robo-advisors that create personalized investment portfolios. The BFSI sector is embracing advanced analytics and at the same time increasing compliances and government regulations, thereby, raising the demand for high-level data storage capabilities and leveraging the AI-powered storage market.
Sam Mowers, Investorideas.com
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