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AI Eye Podcast 617: Stocks discussed: (NYSE: $AYX) (TSXV: $VIS)

Alteryx Acquires Lore IO, and Visionstate Enters Agreement with AI Company Fluido.ai

 

Point Roberts, WA and Vancouver, BC - October 22, 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 617: Stocks discussed: (NYSE: $AYX) (TSXV: $VIS)

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

Stocks discussed: (NYSE:AYX) (TSXV:VIS)

Analytics Automation firm Alteryx, Inc. (NYSE:AYX) has acquired Silicon Valley-based Lore IO, described in the press release as "a no-code AI-enabled data modeling platform that rapidly deploys analytics that adapt easily within a changing business environment." Suresh Vittal, chief product officer of Alteryx, commented:

"Now more than ever before, our customers across all industries need to analyze large datasets in both on-premises and in cloud repositories, as well as cloud data warehouses. The acquisition of Lore IO provides our team the IP and assets to enhance Designer Cloud and Alteryx Machine Learning offerings through cloud-based data modeling and smart query pushdown into cloud data sources."

Visionstate Corp. (TSXV:VIS) has entered into an agreement with AI company Fluido.ai to "deploy AI enabled customer service applications for the retail sector," beginning with the deployment of the new technology "in a large Canadian-based shopping centre." Specifically, this will involve the pairing of Visionstate';s VICCI (virtual, interactive, customer care, interface) kiosks with the Fluido.ai chatbot. John Putters, CEO of Visionstate, explained:

"Visionstate is focused on helping businesses harness the power of technology to help both the business and the collective thrive in a sustainable way. We are thrilled to be able to incorporate Tensorgraph';s Fluido.ai chatbot into our VICCI smart kiosk platform so that customers can interact with the technology in the most natural way. Our voices are the first thing we use when we';re born and interacting with the kiosk verbally results in a faster, more accessible, easier, and safer experience as the customer does not need to touch a screen to connect. The launch of the VICCI kiosk with Fluido.ai chatbot in early 2022 will support customers and the mall leadership with better, safer experiences and real-time analytics that will help accelerate the retail recovery."

U.S. AI in Education Market to Grow by $253.82M from 2021-2025

A report published by Technavio finds that the AI in Education market in the U.S. is projected to grow by $253.82 million from 2021-2025, registering a compound annual growth rate (CAGR) of 49.22 percent in the forecast period. The report';s market overview section identifies "the growing emphasis on customized learning paths using AI in education," Machine Learning "increasingly being used to create customized learning paths for students," and "virtual facilitators and learning environments use simulation, games, and AI technology," as drivers in the market.

Sam Mowers, Investorideas.com

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