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AI Eye Podcast 728: Stocks discussed: (OTCQB: LZGI) (NYSE: VMW)

Fatbrain AI Uplists to the OTCQB, and VMware Launches Next G-AI Centre in Montreal

 

Vancouver, Kelowna, Delta, BC - October 12, 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 - featuring technology company LZG International Inc. (Fatbrain AI) (OTC:LZGI)

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AI Eye Podcast 728: Stocks discussed: (OTCQB: LZGI) (NYSE: VMW)

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

Stocks discussed: (OTCQB:LZGI) (NYSE:VMW)

LZG International Inc. (Fatbrain AI) (OTCQB:LZGI) has announced its successful uplisting to the OTCQB Venture Market, as of October 10, keeping the ticker symbol "LZGI". Peter B. Ritz, co-founder and CEO of FatBrain AI, explained:

"Uplisting to the OTCQB is a milestone reached resulting from a FatBrain team committed to making our company stronger, more transparent, and its shares made available to a broader class of investors. Still, it's just one step in a much longer strategy to create more significant shareholder value by bringing to market the most advanced AI-fueled technology enabling clients across multiple industries and of all sizes to compete effectively and advance their company-specific journeys with industry knowledge once reserved for the industry behemoths."

Shawn Carey, the company’s COO, said:

"Our mission at FatBrain AI is to equip entrepreneurs and mid-market businesses with simple to use AI solutions that will help them reclaim time, save money and boost their bottom lines. We look forward to showcasing our AI solutions on the global business stage and thank the OTCQB markets for helping facilitate that mission."

VMware, Inc. (NYSE:VMW) has launched the VMware Next G-AI Research and Innovation Centre in Montreal, Canada, which combines the company’s “multi-cloud infrastructure, advanced networking, and Modern Application Development expertise with the latest in emerging Cloud Native development techniques, Artificial Intelligence (AI) and Machine Learning (ML) technologies to deliver a sustainable path to 5G+ and 6G technologies.” Kit Colbert, CTO of VMware, said:

"Montreal has one of the most significant clusters of AI researchers in the world, as well as a thriving community of innovative startups. Through partnerships with researchers, startups and industry partners, we will be able to bring together cloud, networking and AI to build 6G technologies that are sustainable and centered on human needs."

Global AI in Manufacturing Market to Exceed $17.92B by 2028

A report published by Vantage Market Research finds that the global AI in Manufacturing market is projected to grow from $1.48 billion USD in 2021 to over $17.92 billion by 2028, registering a compound annual growth rate (CAGR) of 50.1 percent in the forecast period 2022-28. The following excerpt from the report’s description outlines the ways in which AI is impacting the manufacturing space:

The process of automation involves various sensors, softwares and IOT-driven machines which processes large amounts of data. To handle such a large amount of data, AI is the best solution. Along with AI, the use of machine learning and pattern recognition can help transform the manufacturing sector completely. Factors such as analysing and predicting consumer behavior, predicting preventive maintenance, detecting abnormalities in production lines, and sharing real time information are major factors for the growth of the Global AI in Manufacturing Market in the upcoming years.

Sam Mowers, Investorideas.com

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About FatBrain AI (LZG International, Inc.)

FatBrain AI (LZG International, Inc.; OTC: LZGI) provides powerful and easy-to-use AI solutions to empower the star enterprises of tomorrow (aka mSMEs) to grow, innovate, and drive the majority of the global economy. FatBrain's AI 2.0 technologies and advanced data services transform continuous learning, narrative reasoning, cloud and blockchain technologies into auditable, explainable and easy to integrate AI solutions. FatBrain's subscription model allows all companies to deploy its advanced AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via cloud.

For more information, please visit: https://www.fatbrain.ai

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