The AI Eye Podcast Episode 528: C3 (NYSE: $AI) and Baker Hughes (NYSE: $BKR) Launch Enterprise AI Application BHC3 PSO, EXOS Pilots Intel's (NasdaqGS: $INTC) 3DAT
Point Roberts, WA and Vancouver, BC - March 5, 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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The AI Eye: Episode 528: C3 (NYSE: $AI) and Baker Hughes (NYSE: $BKR) Launch Enterprise AI Application BHC3 PSO and EXOS Pilots Intel's (NasdaqGS: $INTC) 3DAT
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:AI) (NYSE:BKR) (NasdaqGS:INTC)
C3.ai, inc. (NYSE:AI) and Baker Hughes (NYSE:BKR) have announced the launch of BHC3 Production Schedule Optimization (PSO), described in the press release as "an enterprise AI application for industrial demand planning and manufacturing production scheduling." Ed Abbo, President and CTO of C3 AI, explained:
"We are committed to leading and advancing the digital transformation of energy operations globally. This application is the latest in a series of new AI solutions we have launched in recent months that allow customers to achieve significant cost reductions, new levels of productivity, and organizational alignment for highly engineered products and industrial plants. BHC3 Production Schedule Optimization supports discrete, batch, semi-batch, and continuous manufacturing processes in network and multi-stage environments, delivering cost and productivity benefits across midstream and downstream oil, gas, and chemicals operations."
Athletic health and performance firm EXOS is piloting 3D Athlete Tracking (3DAT) technology from Intel Corporation (NasdaqGS:INTC) to train aspiring professional athletes to reach their peak performance. According to the press release, 3DAT "leverages cameras to film athletes as they run drills," then "sends the video data - 60 frames per second - to the cloud for analysis on Intel Xeon Scalable processors with built-in Intel Deep Learning Boost AI acceleration capabilities." Monica Laudermilk, vice president of research at EXOS, said:
"Metrics that were previously unmeasurable by the naked eye are now being revealed with Intel's 3DAT technology. We're able to take that information, synthesize it and turn it into something tangible for our coaches and athletes. It's a gamechanger when the tiniest of adjustments can lead to real, impactful results for our athletes."
Global AI Chipsets Market to Reach $108.85 Billion in 2027
A report published by Fortune Business Insights finds that the global AI Chipsets market will grow from $8.14 billion in 2019 to $108.85 billion by 2027, with a compound annual growth rate (CAGR) of 38.9 percent in the forecast period 2020-2027. An excerpt from the report summary reads:
"Major drivers for the artificial intelligence (AI) chipset market are the advancement of semiconductor nanowire laser technology, 3D technology, and the growing adoption of neural networks & deep learning technologies. In addition, the growing number of smart cities, smart buildings, and smart home projects across the globe are likely to fuel the demand for chipsets. Key players are more focused on developing advanced artificial intelligence chipsets for multifaceted applications."
Sam Mowers, Investorideas.com
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