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The AI Eye: VSBTLY (CSE: $VSBY.C) and Pure Integrative Pharmacy Announce Pilot Program to Educate Consumers, Baidu (Nasdaq: $BIDU) AI Beats Microsoft (Nasdaq: MSFT) and Google (Nasdaq: $GOOG) in NLP Competition

 

Point Roberts, WA and Vancouver, BC - December 30, 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: VSBTLY (CSE: $VSBY.C) and Pure Integrative Pharmacy Announce Pilot Program to Educate Consumers, Baidu (Nasdaq: $BIDU) AI Beats Microsoft (Nasdaq: MSFT) and Google (Nasdaq: $GOOG) in NLP Competition

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

Stocks discussed: (CSE:VSBY) (5VS.F) (VSBGF) (NasdaqGS:BIDU) (NasdaqGS:MSFT) (NasdaqGS:GOOG)

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (VSBGF) and Vancouver-based Pure Integrative Pharmacy have announced a pilot program to educate consumers about the specific cutting-edge vitamins and supplements that will help them take control of their own health and enjoy greater vitality, safely and sustainably. Jay Hutton, VSBLTY founder & CEO, said:

"We're delighted to partner with Pure Integrative Pharmacy in this unique educational program that will also provide the firm with data analytics that help them better understand shopper engagement with innovative, in-store digital tools. We're proud to join Pure Integrative Pharmacy in bringing significant new value to their customers in BC."

Bob Mehr, President and CEO of Pure Integrative Pharmacy, explained:

"This planned two-month pilot program in our pharmacies will enable us to determine if this state-of-the-art in-store communication technology will enable our customers to make more informed decisions about which of our healthcare products and services will serve their individual needs. This is yet another example of how Pure Integrative Pharmacy continues to be on the leading edge of providing healthcare guidance and education to our customers so they are empowered to take a more active role in their health and wellness."

A report from the South China Morning Post reveals that Baidu, Inc. (NasdaqGS:BIDU) beat both Microsoft (NasdaqGS:MSFT) and Google (NasdaqGS:GOOG) in "an ongoing natural language processing competition". Baidu's model is called ERNIE, which stands for "Enhanced Representation through kNowledge IntEgration". An excerpt from the article reads:

As the Baidu algorithm started to understand meaningful words instead of individual characters, it performed better in both English and Chinese. The company has since adopted ERNIE for real-world applications by using the AI model to deliver better search results.

Global AI Hardware Market to Reach $87.68 Billion by 2026

A report from Verified Market Research finds that the global AI Hardware market will grow from $7.1 billion in 2018 to $87.68 billion by 2026 with a compound annual growth rate (CAGR) of 37.6 percent in the forecast period. An excerpt from the article outlines the market and its key drivers:

AI Hardware stems from the need for making perfect hardware in order to accelerate artificial intelligence applications. There are three main parts of hardware infrastructure: compute, storage and networking. In the last few years, the computer has made the most significant progress. The other two areas, storage, and networking are not as advanced have yet to see major innovations regarding AI applications.

The growth in big data and advancement in computing is expected to drive the market. The advances that occur in the field of computing tend to focus on software. These advances include applications and programs that can perform various tasks that facilitate humans. One of the major advancements in computing deals with the ability to store as well as analyze big data. The hardware of computing, therefore, has undergone big changes in order to support innovation.

Sam Mowers, Investorideas.com

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