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AI Eye Episode 452: VSBLTY Releases Corporate Update and Intel (NasdaqGS: $INTC) India Collaborates with Government of Telangana, IIIT-Hyderabad, and PHFI on AI Research Center

 

Point Roberts, WA and Vancouver, BC - October 13, 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 452: VSBLTY Releases Corporate Update and Intel (NasdaqGS: $INTC) India Collaborates with Government of Telangana, IIIT-Hyderabad, and PHFI on AI Research Center

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

Stocks discussed: (CSE:VSBY) (5VS.F) (OTC:VSBGF) (NasdaqGS:INTC)

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (OTC:VSBGF) has issued a corporate update, reporting on momentum building in both the security and retail sectors in the company's response to COVID-19 and the re-opening of the world's economies. VSBLTY Co-founder and CEO Jay Hutton commented:

"In this COVID-19 pandemic era, businesses are working to re-open safely by creating new security protocols, including adjunct temperature screening measures to routinely provide additional safeguards for employees, retail customers, and venue patrons entering all types of facilities. We've partnered our proven groundbreaking software technology with world-class companies to meet today's needs for temperature sensing and alerting using our facial and object recognition for access control, mask detection, and occupancy, and density management for social distance monitoring."

Apart from using its technology to help businesses to reopen, the press release covers VSBLTY's forthcoming developments in Smart City solutions, innovative display programs, and interactive digital signage.

Intel Corporation (NasdaqGS:INTC) has announced the launch of INAI, an artificial intelligence research center established in a collaboration with Intel India, the government of Telangana, the International Institute of Information Technology, Hyderabad (IIIT-H) and the Public Health Foundation of India (PHFI). INAI is, according to the press release, "an initiative to apply AI to population scale problems in the Indian context, with a focus on identifying and solving challenges in the healthcare and smart mobility segments through strong ecosystem collaboration." Nivruti Rai, Intel country head for India and vice president of the Data Platforms Group, explained:

"With its unique strengths of talent, technology, data availability, and the potential for population-scale AI adoption, India has this tremendous opportunity to lead human-centric applications and democratize AI for the world. Our aspiration is to make AI synonymous with India as we strive to achieve the true potential of AI in critical segments like healthcare, smart mobility and the future of work by advancing innovation, research, technology and skills. The launch of the Applied AI Research Center, initiatives to train students on AI readiness skills and the all.ai 2020 Summit reinforce our commitment towards realizing the exponential impact of AI in an inclusive, collaborative and responsible manner."

Global AI in Agriculture Market to Exhibit 25.4% CAGR from 2019-2025

A report from Grand View Research finds that the global AI in Agriculture market, which was valued at $608.9 million in 2019, will exhibit a compound annual growth rate (CAGR) of 25.4 percent in the forecast period 2019-2025. An excerpt from the report summary reads:

Artificial intelligence techniques for farming help increase productivity and yield. Therefore, agribusiness corporations adopt artificial intelligence technologies in terms of predictive analytics-based solutions. AI-based applications and techniques help control pests, yield healthier crops, monitor the soil, and improve agriculture-related tasks in the entire food supply chain. Artificial intelligence is increasingly being adopted in the agriculture industry for the improvement of harvest quality and accuracy since it helps analyze farm data.

Sam Mowers, Investorideas.com

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