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AI Eye Podcast 532: Stocks discussed: (NasdaqGS: $BIDU) (NYSE: $BB)

Baidu Receives Qualifications to Demonstrate Autonomous Driving in Chinese City of Cangzhou, and BlackBerry Announces BlackBerry Alert

 

Point Roberts, WA and Vancouver, BC - March 15, 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 532: Stocks discussed: (NasdaqGS: $BIDU) (NYSE: $BB)

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

Stocks discussed: (NasdaqGS:BIDU) (NYSE:BB)

Baidu, Inc. (NasdaqGS:BIDU) has received qualifications for 35 vehicles to demonstrate commercialized autonomous driving operations, and qualifications for 10 vehicles to conduct driverless testing, by Cangzhou traffic authorities. According to the press release, this will enable Baidu Apollo - the company's open platform for autonomous driving - to "roll out commercialized demonstrations of its smart transportation services in Cangzhou, and explore various mechanisms for charging customers, such as discounts, trial tickets, and voluntary payments from riders, for the first time by any autonomous driving company in China."

BlackBerry (NYSE:BB) has announced BlackBerry Alert, a critical event management (CEM) solution that employs AI to "help commercial organizations prepare for, respond to and recover from major incidents." Ramon Pinero, Vice President Product and Services, BlackBerry, explained:

"Even with the best preparation and planning, enterprises can encounter emergencies that disrupt business operations, test organizational resilience, and threaten revenues and employee safety. This includes a growing number of critical events - cyberattacks and IT system outages, physical security and man-made incidents, infectious disease outbreaks, extreme weather, and other unexpected interruptions. By applying our experience in crisis management, secure communications, and AI and automation, BlackBerry Alert provides an early warning when threat levels change, allowing businesses to start taking action to mitigate risks and minimize impact to business, employees, customers and communities."

Global AI in Military Market to Reach $11.6B by 2025

A report published by Markets and Markets finds that the global AI in Military market is expected to grow from $6.3 billion USD in 2020 to $11.6 billion by 2025 with a compound annual growth rate (CAGR) of 13.1 percent in that forecast period. An excerpt from the report's description reads:

Based on technology, the machine learning segment is expected to lead the market from 2020 to 2025. The growth of the market for artificial intelligence in the military sector can be attributed to the increasing investment in the development of AI-integrated systems and the rising adoption of cloud-based applications and high-performance computers. However, protectionist policies and lack of standard protocols, leading to limited access to military platforms, are acting as a restraint to the growth of this market.

Sam Mowers, Investorideas.com

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