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AI Eye Podcast: Stocks discussed: (NYSE: IBM) (NasdaqGS: NICE)

IBM Introduces AI Generated Spoken Commentary for Masters Tournament, and NICE Announces Enlighten Actions

 

Vancouver, Kelowna, Delta, BC - March 28, 2023 (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.

Today's podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

Listen to today's podcast:

https://www.investorideas.com/Audio/Podcasts/2023/032823-AI-Eye.mp3

AI Eye Podcast: Stocks discussed: (NYSE: $IBM) (NasdaqGS: $NICE)

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

IBM Introduces AI Generated Spoken Commentary for Masters Tournament, and NICE Announces Enlighten Actions

Stocks discussed: (NYSE:IBM) (NasdaqGS:NICE)

IBM (NYSE:IBM) has announced the introduction of two innovative new features with the Masters golf Tournament, providing Artificial Intelligence (AI) generated spoken commentary. According to the press release, the solution "will produce detailed golf narration for more than 20,000 video clips over the course of the Tournament." Jonathan Adashek, Senior VP of Marketing and Communications for IBM, commented:

"For more than twenty years, IBM and the Masters have partnered together to create custom solutions that improve the user experience and capture the attention of millions of golf fans globally. We're applying the same hybrid cloud, AI technology and IBM Consulting services that we use with clients across industries to bring an elevated digital experience to one of the most iconic sporting events in the world."

NICE, Ltd. (NasdaqGS:NICE) has announced Enlighten Actions, an innovation that "allows organizations to create smart and humanized CX through the integration of Enlighten AI and Generative AI." Enlighten Actions combines Enlighten, NICE's purpose-built AI for CX, and the generative models from Open AI. Barry Cooper, President, CX Division, NICE, said:

"Enlighten Actions is a next-generation AI innovation. Enlighten Actions revolutionizes how businesses use data to help drive growth. Combining Enlighten AI and generative AI, NICE has broken down the siloes to create an unparalleled knowledge base to deliver truly transformative actions for businesses."

Global Enterprise AI Market to Reach $53.06B by 2026

A report published by Allied Market Research finds that the global Enterprise AI market is projected to grow from $4.68 billion USD in 2018 to $53.06 billion by 2026, registering a compound annual growth rate (CAGR) of 35.4 percent in the forecast period 2019-26. The following excerpt from the report overview outlines the main factors influencing the market's growth in the forecast period:

Manufacturers in the enterprise Artificial Intelligence (AI) market witness enormous underlying intellectual challenges in the development and revision of such technology. The market for artificial intelligence is primarily driven by the improved productivity, diversified application areas, increased customer satisfaction, and big data integration. However, lack of skilled workforce and threat to human dignity and other threats are some of the restraints of the market. Nonetheless, the impact of these factors is expected to be minimal because of the introduction of new technologies in the market.

Sam Mowers, Investorideas.com

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Podcast sponsor:

AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today's commerce experiences. For more information, visit apptechcorp.com.

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Disclosure: podcast sponsor AppTech Payments Corp. (NasdaqCM:APCX) is a paid featured Fintech company on Investorideas.com

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