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AI Eye Episode 404: Intel (NasdaqGS: $INTC) and VMware (NYSE: $VMW) Collaborating on RAN for 5G and FARO (NasdaqGS: FARO) Announces Scanning Robot Integration Trek


Point Roberts, WA and Vancouver, BC - August 5, 2020 ( Newswire) (, 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 404: Intel (NasdaqGS: $INTC) and VMware (NYSE: $VMW) Collaborating on RAN for 5G and FARO (NasdaqGS: FARO) Announces Scanning Robot Integration Trek


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

Stocks discussed: (NasdaqGS:INTC) (NYSE:VMW) (NasdaqGS:FARO)

Intel Corporation (NasdaqGS:INTC) and VMware, Inc. (NYSE:VMW) have announced a collaboration on "an integrated software platform for virtualized Radio Access Networks (RAN) to accelerate the rollout of both existing LTE and future 5G networks." Dan Rodriguez, corporate vice president and general manager, Network Platforms Group, Intel, explained:

"Many CoSPs [communications service providers] are choosing to extend the benefits of network virtualization into the RAN for increased agility as they roll out new 5G services, but the software integration can be rather complex. With an integrated vRAN platform, combined with leading technology and expertise from Intel VMware, CoSPs are positioned to benefit from accelerated time to deployment of innovative services at the edge of their network."

FARO Technologies, Inc. (NasdaqGS:FARO) has announced the release of FARO® Trek, described in the press release as "a fully autonomous 3D mobile scanning integration," which was "built in collaboration with the Massachusetts-based robotics firm Boston Dynamics." Specifically, Trek is a combination of the FARO FocusS Laser Scanner and Spot, the latter of which is described as "a quadruped robot capable of remote and autonomous data capture in challenging environments." Brian Ringley, Boston Dynamics' Construction Technology Manager, said:

"Reality capture has become more critical to on-schedule project delivery than ever before. The FARO Trek integration provides customers with the ability to document true as-built conditions of their site in a repeatable fashion. Because this high-frequency point cloud data collection is automatically aligned relative to project control points and BIM coordinate systems, it's easier than ever to maintain a continuously updated digital twin."

Global NLP Market to Exceed $41 Billion by 2025

A report from Adroit Market Research finds that the global Natural Language Processing (NLP) market is expected to grow to more than $41 billion by 2025. An excerpt from the report's Analyst Commentary outlines some drivers observed in the market:

NLP allows devices and systems to read, understand and provide insights by analyzing human languages. One of the major uses of NLP is in customer service centers and Healthcare. In Healthcare, it is used to recognize and predict diseases based on the patient's electronic health records and speech. Similarly, in customer service centers, it is being used to predict customer demand in real-time and allowing services agents to provide optimal solutions. Thus, the need for enhanced customer experience as well as increasing the use of smart devices is anticipated to fuel the growth of Natural Language Processing (NLP).

Sam Mowers,

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