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The AI Eye Episode 368: Microsoft (NasdaqGS: $MSFT) and Adaptive Biotechnologies (NasdaqGS: $ADPT) Launch ImmuneCODE COVID-19 Database

AWS Makes Amazon (NasdaqGS: $AMZN) EC2 Generally Available

 

Point Roberts, WA and Vancouver, BC - June 12, 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 Episode 368: Microsoft (NasdaqGS: $MSFT) and Adaptive Biotechnologies (NasdaqGS: $ADPT) Launch ImmuneCODE COVID-19 Database

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

Stocks discussed: (NasdaqGS:MSFT) (NasdaqGS:ADPT) (NasdaqGS:AMZN)

Microsoft (NasdaqGS:MSFT) and Adaptive Biotechnologies Corporation (NasdaqGS:ADPT) have launched COVID-19 database ImmuneCODE. According to the press release, the database compiles "detailed views of the immune response to COVID-19 in real time based on de-identified data generated from thousands of COVID-19 blood samples from patients around the globe." Peter Lee, corporate vice president, Microsoft Research and Incubation, explained:

"Adaptive Biotechnologies' sequencing of T-cells sets up an extremely large but manageable machine learning problem, and thus makes it possible, for the first time, to catalog and share how our adaptive immune system responds to viruses, including the novel virus that causes COVID-19. Making these data freely available to the global research community through the ImmuneCODE database will deepen our collective understanding of the human immune response and thereby help researchers accelerate the development of news drugs and vaccines in the fight against this global health crisis."

Amazon Web Service (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), announced the general availability of its sixth generation of Amazon Elastic Compute Cloud (Amazon EC2) instances. One of the three new instances, the compute-optimized (C6g) instance, is "designed for compute-intensive workloads, such as high performance computing, batch processing, video encoding, gaming, scientific modeling, distributed analytics, ad-serving, and CPU-based machine learning inference," according to the press release. All three of the new instances are powered by AWS-designed, Arm-based Graviton2 processors, provide "optimized instructions for faster machine learning inference," among other features.

Global Air Traffic Control Market – Driven by AI – Will Reach $9.45 Billion by 2027

A report from Fortune Business Insights finds that the global Air Traffic Control market will grow from $8.90 billion in 2019 to $9.45 billion by 2027 with a compound annual growth rate (CAGR) of 6.96 percent in the forecast period. The report notes the influence of AI as an important driver in the market:

Nowadays, AI is widely used in optimizing air traffic control processes. ATC equipment and systems providers are focusing on AI-based solutions for airports. The European Organisation for the Safety of Air Navigation, known as EUROCONTROL, is an international organization focusing on safe and seamless air traffic management in European countries. AI has become an integral part of EUROCONTROL. The organization plays a central role at a technical level within the Commission's strategic initiative. AI is used in navigating aircraft, predicting air traffic and simplifying ground level processes. It is estimated that the use of AI in ATC improves operational efficiency by 30%. Thus, in [the] next few years the implementation of AI in ATC will be a preferred option at airports for operations optimization.

Another excerpt from the report's summary reads:

With the rise in the adoption of machine learning and the internet of things (IoT), technologies at airports are supporting market growth. Several airport authorities have implemented these technologies in the ATC unit.

Sam Mowers, Investorideas.com

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