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AI Eye Podcast 711: Stocks discussed: (NasdaqGS: INTC) (NYSE: JNPR)

Intel Releases Open Source AI Reference Kits, and Juniper Announces New AI-Driven Switch and Enhanced AIOps Capabilities

 

Vancouver, Kelowna, Delta, BC - July 13, 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 711: Stocks discussed: (NasdaqGS: INTC) (NYSE: JNPR)

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

Stocks discussed: (NasdaqGS:INTC) (NYSE:JNPR)

Intel Corporation (NasdaqGS:INTC) has announced the release of the first set of open source AI reference kits "specifically designed to make AI more accessible to organizations in on-prem, cloud and edge environments." According to the press release, the reference kits "include AI model code, end-to-end machine learning pipeline instructions, libraries and Intel oneAPI components for cross-architecture performance," and "enable data scientists and developers to learn how to deploy AI faster and more easily across healthcare, manufacturing, retail and other industries with higher accuracy, better performance and lower total cost of implementation." Intel vice president and general manager of AI and Analytics, Wei Li, said:

"Innovation thrives in an open, democratized environment. The Intel accelerated open AI software ecosystem including optimized popular frameworks and Intel's AI tools are built on the foundation of an open, standards-based, unified oneAPI programming model. These reference kits, built with components of Intel's end-to-end AI software portfolio, will enable millions of developers and data scientists to introduce AI quickly and easily into their applications or boost their existing intelligent solutions."

Juniper Networks, Inc. (NYSE:JNPR) has announced the new EX4100 series of enterprise-grade wired access switches, "which leverage a modern microservices cloud and Mist AI to deliver outstanding performance, ease, flexibility and security for all enterprise access layer switching environments, including campus fabric architectures." Sudheer Matta, Group Vice President, Product Management, AI-driven Enterprise at Juniper, said:

"Juniper has become a leader in wired and wireless access thanks to our innovative cloud-native, AI-driven and session smart platforms, which save time and money and maximize user experiences by proactively solving real-world problems. These latest enhancements to our AI-driven Enterprise portfolio expand our value proposition to even more campus and branch environments while also doubling down on Juniper's unique AI-driven advantages across the entire network lifecycle, from installation and configuration to operations and troubleshooting."

Global Call Center AI Market to Reach $4.36B in 2026

A report published by The Business Research Company finds that the global Call Center AI market is projected to grow from $1.78 billion in 2022 to $4.36 billion in 2026, registering a compound annual growth rate (CAGR) of 25.1 percent in the forecast period. An excerpt from the report's description outlines some factors influencing the market's growth:

Rising demand for AI-based intelligent virtual assistants and chatbots are driving the growth of the call center AI market. AI-based intelligent virtual assistants and chatbots provide enhanced customer support services that offer immense opportunities and better communications to clients. The epidemic of Covid-19 has resulted in an exponential increase in call volumes at customer service centers across geographies and sectors. To give callers first contact resolution, contact centers have implemented automation techniques such as chatbots, artificial intelligence, and natural language processing.

Sam Mowers, Investorideas.com

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