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AI Eye Episode 489: Salesforce (NYSE: $CRM) Announces Einstein Automate, Star Peak Energy Transition Corp. (NYSE: $STPK) to Combine with Stem, Inc.

 

Point Roberts, WA and Vancouver, BC - December 4, 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 489: Salesforce (NYSE: $CRM) Announces Einstein Automate, Star Peak Energy Transition Corp. (NYSE: $STPK) to Combine with Stem, Inc.

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

Stocks discussed: (NYSE:CRM) (NYSE:STPK)

Salesforce (NYSE:CRM) has announced Einstein Automate, described in the press release as "an end-to-end workflow automation solution that empowers people and businesses to be more productive." This will feature Flow Orchestrator, a new development tool that leverages AI-infused bots to allow "users to compose workflows that automate complex, multi-user processes and approvals." Sherry Graziano, Senior Vice President and Head of Mortgage Omni Experience at Truist, commented:

"With the world rapidly changing around us, we know that our clients need answers to their most pressing mortgage-related questions quickly. We looked to Salesforce as a key part of our strategy to meet our clients wherever they are - whether that's digitally through an automated, AI-infused chatbot that provides much-needed answers 24/7, or safely in-person at one of our branches through a process managed by a digital workflow."

Star Peak Energy Transition Corp. (NYSE:STPK) and AI-driven clean energy storage systems Stem, Inc. have announced a definitive agreement for a business combination that will result in the latter becoming a public company. Mike Morgan, Chairman of Star Peak who will join Stem's Board of Directors, explained:

"Stem is a leader in one of the fastest growing markets in clean energy and the first pure play smart energy storage company to go public. Stem and its highly experienced management team perfectly align with Star Peak's mission to provide growth capital to a market-leading business focused on climate change initiatives, emissions reductions and energy efficiency. In support of global decarbonization objectives, the entire power grid is being decentralized and democratized. We believe Stem is at the epicenter of this clean energy transition and its AI-driven software systems will be critical in accelerating renewables adoption and addressing climate change."

Global Computational Creativity Market to Reach $2.788 Billion by 2028

A report published by Adroit Market Research finds that the global Computational Creativity market is expected to grow to around $2.788 billion by 2028. The market is driven by AI technologies, including natural language processing (NLP), machine learning, deep learning, and computer vision. An excerpt from the analyst commentary section of the report description reads:

Computational creativity is applied to artificial intelligence in order to discover new ideas and to create imagined drawings, sculptures, etc. Computational creativity is used in marketing and web design, product design, music creation, photography & video and automatic story development. Artificial intelligence is used to interpret screenplays, make artistic choices in film and other applications of computational creativity. With Al's increased convergence with computational marketing, computational marketing appears to be at a high degree in the near future.

Sam Mowers, Investorideas.com

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