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AI Eye Podcast 516: Ford (NYSE: $F) and Google (Nasdaq: $GOOG) Announce Strategic Partnership for "Connected Vehicle Experience"

 

Point Roberts, WA and Vancouver, BC - February 1, 2021 (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 Podcast 516: Ford (NYSE: $F) and Google (Nasdaq: $GOOG) Announce Strategic Partnership for "Connected Vehicle Experience"

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

Stocks discussed: (NYSE:F) (NasdaqGS:GOOG) (NasdaqGS:AMST)

Ford (NYSE:F) and Google [Alphabet Inc.] (NasdaqGS:GOOG) have announced a strategic partnership to "accelerate Ford's transformation and reinvent the connected vehicle experience," and Ford has named Google Cloud its "preferred cloud provider to leverage Google's world-class expertise in data, artificial intelligence (AI), and machine learning (ML). As part of this new, six-year partnership." Sundar Pichai, CEO of Google and Alphabet, commented:

"From the first moving assembly line to the latest driver-assist technology, Ford has set the pace of innovation for the automotive industry for nearly 120 years. We're proud to partner to apply the best of Google's AI, data analytics, compute and cloud platforms to help transform Ford's business and build automotive technologies that keep people safe and connected on the road."

Amesite Inc. (NasdaqGS:AMST) has announced an expansion of its partnership with Wayne State University in Michigan, in which the latter will offer six-week online, AI-powered certification courses covering: Autonomous Vehicle Technologies, Data Science, Electric Vehicle Technologies, Mobility as a Service, and Programming for Autonomous Systems. Ann Marie Sastry, founder and CEO of Amesite, said:

"Even the most recently-graduated engineering cohorts did not train deeply on electrification technologies, and the industry has a critical need for talent. The fact that Michigan's third largest university with 27,000 students and over 250,000 alumni, chose Amesite to create and deliver courses in the electric-vehicle industry is indicative of the quality of our A.I. driven platform and our ability to create exceptional and innovative content. We are extremely well-positioned for growth, addressing an enormous market opportunity, as we continue to roll out what we believe is the best A.I.-driven online learning platform in the industry."

Global AI in Telecom to Reach $13.45 Billion by 2026

Research published by Valuates Reports finds that the global AI in Telecommunications will grow from $773 million in 2019 to $13.45 billion by 2026, registering a compound annual growth rate (CAGR) of 49.8 percent in the forecast period 2021-2026. An excerpt from the report's description reads:

The increasing adoption of AI for various applications in the telecommunication industry and the utilization of AI-enabled smartphones are expected to be driving the growth of the AI in the telecommunication market. Incompatibility concerns between the AI technology and telecommunication systems, which may generate integration complexities in AI in telecommunication solutions, are expected to act as restraints for the growth of the market.

Sam Mowers, Investorideas.com

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