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The AI Eye: Bundesliga Leveraging ML and Analytics from AWS (NasdaqGS: $AMZN), Draganfly Signs AI-Driven Aerial Survey Agreement with Windfall Geotek

 

Point Roberts, WA and Vancouver, BC - May 26, 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: Bundesliga Leveraging ML and Analytics from AWS (NasdaqGS: $AMZN), Draganfly Signs AI-Driven Aerial Survey Agreement with Windfall Geotek

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

Stocks discussed: (NasdaqGS:AMZN) (CSE:DFLY) (TSXV:WIN)

Bundesliga, Germany's top football (soccer) league, is leveraging machine learning and analytics from Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN). The first two "Bundesliga Match Facts" - featuring advanced statistics including Average Positions and xGoals - are set to debut during tonight's Borussia Dortmund vs. Bayern München highlight match. Andreas Heyden, Executive Vice President of Digital Innovations for the DFL Group, commented:

"We at Bundesliga are able to use this advanced technology from AWS, including statistics, analytics and machine learning, to interpret the data and deliver more in-depth insight and better understanding of the split-second decisions made on the pitch. The use of Bundesliga Match Facts enables viewers to gain a deeper insight into the key decisions in each match."

Unmanned Aerial Vehicle (UVS) and software creator Draganfly Inc. (CSE:DFLY) has signed a Preferred Flight Services agreement with AI and mining tech firm Windfall Geotek (TSXV:WIN). This agreement will see Draganfly become Windfall Geotek's "preferred aerial services provider for mining applications, in particular utilizing their proprietary Eagleeye™ technology, an AI-driven aerial surveying and digital exploration solution." Dinesh Kandanchatha, Chairman of Windfall Geotek Inc., said:

"Draganfly has been progressively building a comprehensive solution for drone-based data acquisition for mineral exploration. The recently announced transaction to integrate Pioneer Aerial Surveys into their offering brings years of flight support and surveying capabilities to the digital exploration clients of Eagleeye."

Global AI Training Dataset Market to See CAGR of 22.5%

A report from Grand View Research finds that the global AI Training Dataset market, which was valued at $956.5 million in 2019, will exhibit a compound annual growth rate (CAGR) of 22.5 percent from 2020-2027. The research attributes market growth to "rising adoption across various data-driven applications such as image recognition and voice recognition." An excerpt from the report summary reads:

The AI enables machines to learn from experience, perform human-like tasks, and adjust to new inputs. These machines are trained to process massive data and determine patterns to accomplish a specific task. In order to train these machines, certain datasets are required. To cater to this requirement, the demand for AI training datasets is increasing.

Sam Mowers, Investorideas.com

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