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AI Eye Podcast 706: Stocks discussed: (NYSE: $JNPR) (NYSE: $AI)

Juniper Networks Shares Findings from AI Research Project, and C3 AI Named Google Cloud Technology Partner of the Year for AI and ML

 

Vancouver, Kelowna, Delta, BC - June 15, 2022 (Investorideas.com Newswire) 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 706: Stocks discussed: (NYSE: $JNPR) (NYSE: $AI)

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

Stocks discussed: (NYSE:JNPR) (NYSE:AI)

Juniper Networks Inc. (NYSE:JNPR) has shared the findings of a global research project showing "an increase in enterprise artificial intelligence (AI) adoption over the last 12 months is yielding tangible benefits to organizations." The study was done in partnership with Wakefield Research and finds that, for instance, enterprises "are now implementing AI across their organizations, thanks to pandemic-related digital acceleration and the maturation of AI tools available." Sharon Mandell, SVP and CIO, Juniper Networks, said:

"The disparity the data shows between the substantial increase in AI implementation in the enterprise and the immaturity of AI governance and policies is staggering. It will be critical for governance to pick up pace so that the positives of AI deployment overshadow existing fears of whether AI can be effectively controlled. This is a challenge not unique to AI, but all emerging technologies."

C3 AI, Inc. (NYSE:AI) has been awarded the Google Cloud Technology Partner of the Year in the artificial intelligence and machine learning category for 2021. Both C3 and Google Cloud partnered in September 2021 to "deploy Enterprise AI applications for industry-specific business operations across financial services, manufacturing, healthcare and supply chain, among other sectors." Ed Abbo, C3's President and CTO, said:

"Our team is honored to be selected as a Google Cloud Technology Partner of the Year award winner. C3 AI and Google Cloud are fully aligned to unlock customer value by accelerating delivery and operation of innovative industry-specific AI applications."

Global Conversational AI Market to Reach $41.39B in 2030

A report published by Grandview Research finds that the global Conversational AI market is projected to grow from $7.61 billion USD in 2022 to $41.39 billion in 2030, registering a compound annual growth rate (CAGR) of 23.6 percent in the forecast period. An excerpt from the report summary reads:

The key factors influencing the growth of the market are rising demand, reduced chatbot development costs, AI-powered customer support services, and omnichannel deployment. AI-powered messaging apps and speech-based apps are rapidly uprooting contemporary mobile and web applications and are consequently expected to emerge as a new mode of communication. Conversational artificial intelligence is the utilization of chatbots and other digitalized platforms to serve customers with a platform where they can solve their problems and interact with virtual assistants. This even aids businesses in growing by adopting new techniques to communicate with customers.

Sam Mowers, Investorideas.com

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