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AI Eye Episode 383: Penguin Computing Releases Addition to Tundra Supercomputing Platform Through Intel (NasdaqGS: $INTC) Partnership and Minerva Intelligence Announces Sea to Sky Landscape Map

 

Point Roberts, WA and Vancouver, BC - July 7, 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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AI Eye Episode 383: Penguin Computing Releases Addition to Tundra Supercomputing Platform Through Intel (NasdaqGS: $INTC) Partnership and Minerva Intelligence Announces Sea to Sky Landscape Map

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

Stocks discussed: (NasdaqGS:INTC) (NasdaqGS:SGH) (TSXV:MVAI)

Through its partnership with Intel Corporation (NasdaqGS:INTC), SMART Global Holdings, Inc. (NasdaqGS:SGH) subsidiary Penguin Computing Inc. has released the latest addition to its highly dense Tundra supercomputing platform, Tundra AP. This addition gives customers access to Penguin's "industry-leading density, greater power capacity and efficiency, improved serviceability, and room-neutral cooling via integrated direct-to-chip liquid cooling, along with the performance benefits of Intel® Xeon® Scalable 9200 series processors." Trish Damkroger, GM and Vice President of Intel's HPC Business Group, commented:

"Tundra AP and the new Relion XO1122eAP system is a great example of how Intel and Penguin Computing bring together leading HPC and AI technologies in an OCP form factor. Through this partnership, customers with a broad range of compute workloads can access the leading performance of Intel Xeon Scalable 9200 series processors."

Minerva Intelligence Inc. (TSXV:MVAI) has announced the release of its Sea to Sky Landslide Map, which uses proprietary artificial intelligence technology, to the general public. The map is part of Minerva's GAIA Natural Hazards AI platform, which itself leverages the company's "proprietary cognitive AI technology to provide unique insights." Scott Tillman, CEO of Minerva Intelligence, commented:

"We are thrilled to be debuting a SaaS product in the natural hazard space, furthering our strategy of applying our technology to geohazard consulting and insurance sectors. While this is the first phase of the GAIA Natural Hazard AI project, we are optimistic that the Sea to Sky Landslide Map will showcase the vast scope of what Minerva's technology is capable of."

AI in Healthcare Market to Reach $54.1 Billion by 2026

A report from Data Bridge Market Research finds that the global AI in Healthcare market will grow from $2.07 billion in 2019 to $54.1 billion in 2026 with a compound annual growth rate (CAGR) of 50.37 percent in that forecast period. An excerpt from the report description outlines drivers in the market:

  • Due to imbalance between health workforce and patients, there is demand for improvised healthcare services which is driving the market.
  • Increase in the partnerships and collaborations worldwide.

A further excerpt looks at restraints:

  • Lack in the skilled AI professional is the major factor restraining the growth of this market.
  • The unwillingness among the medical practitioners to adopt AI technology is other factor which is restraining the market.

Sam Mowers, Investorideas.com

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