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The AI Eye: Microsoft (NasdaqGS: $MSFT) and Sony Semiconductor Solutions (NYSE: $SNE) Partner for AI-Powered Smart Camera Solutions and Lyell Immunopharma Selects AWS (NasdaqGS: $AMZN) for ML and Cloud

 

Point Roberts, WA and Vancouver, BC - May 19, 2020 (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 (NasdaqGS: $MSFT) and Sony Semiconductor Solutions (NYSE: $SNE) Partner for AI-Powered Smart Camera Solutions and Lyell Immunopharma Selects AWS (NasdaqGS: $AMZN) for ML and Cloud

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

Stocks discussed: (NasdaqGS:MSFT) (NYSE:SNE) (NasdaqGS:AMZN)

Microsoft (NasdaqGS:MSFT) and Sony Semiconductor Solutions, a subsidiary of Sony (NYSE:SNE), "are partnering to create solutions that make AI-powered smart cameras and video analytics easier to access and deploy for their mutual customers." This will involve embedding Microsoft Azure AI capabilities on Sony's intelligent vision sensor IMX500, and Sony creating a smart camera managed app powered by Azure IoT and Cognitive Services. Takeshi Numoto, corporate vice president and commercial chief marketing officer at Microsoft, explained:

"Video analytics and smart cameras can drive better business insights and outcomes across a wide range of scenarios for businesses. Through this partnership, we're combining Microsoft's expertise in providing trusted, enterprise-grade AI and analytics solutions with Sony's established leadership in the imaging sensors market to help uncover new opportunities for our mutual customers and partners."

Lyell Immunopharma is going all-in on Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), as its standard for machine learning workloads and to be its cloud provider. Lyell Founder and CEO Rick Klausner explained:

"We chose AWS because its unmatched portfolio of cloud services provides us with the environment and resources we need to research, design, and develop immunotherapies, all of which wouldn't be possible at the speed and scale we are looking for, without the elasticity of the cloud. Our prominent team of scientists are now equipped to gain better research insights faster. AWS gives us the ability to scale quickly while meeting security and compliance requirements, which is essential to accomplishing our goal of creating a new generation of cell-based therapies to cure cancer."

Global Smart Railway Systems Market - Driven by AI, ML - to Grow by $15.03 Billion from 2020-2024

A report from Technavio finds that the global Smart Railway Systems market will grow by $15.03 billion from 2020-2024 with a compound annual growth rate (CAGR) of nearly 14 percent in the forecast period. An excerpt from the report snapshot outlines the role of AI as a driver in the market:

Advanced technologies such as automation, artificial intelligence (AI), and machine learning have the potential to revolutionize the railway industry. The implementation of advanced technologies will lead to operational efficiency, cost benefits, higher customer value, and faster and better services in the railway sector. Integrated security, predictive maintenance, and asset management are a few of the new areas of technology deployment. This will result in standardization, transparency, and scalability in the information. The operators can use the data to get better insights and enhance decision-making. Moreover, the use of IoT can increase the safety and efficiency of rail traffic. Therefore, the benefits of advanced technologies will significantly influence smart railway systems market growth over the forecast period.

Sam Mowers, Investorideas.com

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