AI Eye Podcast: Stocks discussed: (NYSE: HPE) (ASX: BRN)
HPE's Ezmeral Software Extends AI/ML Capabilities, and BrainChip's Akida Being Leveraged by Quantum Ventura
Vancouver, Kelowna, Delta, BC - May 16, 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/2023/051623-AI-Eye.mp3
AI Eye Podcast: Stocks discussed: (NYSE: HPE) (ASX: BRN)
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:HPE) (ASX:BRN)
Hewlett Packard Enterprise Company (NYSE:HPE) has announced that its HPE Ezmeral Software platform - which employs a software-as-a-service (SaaS) solution to help organizations leverage data globally and deploy analytics at scale - is extending the capabilities of HPE GreenLake and providing the foundation for driving analytics and AI/ML insights across distributed enterprises. Mohan Rajagopalan, VP and general manager, HPE Ezmeral Software, explained:
"Despite the hype about AI and Generative AI applications transforming business, most companies still struggle to bring these technologies into their basic workflows. Our solutions address where organizations are today, empowering them to leverage the tools they already use, so they can focus resources on accelerating their AI, analytics, and digital modernization journeys, instead of managing cumbersome data siloes or untested, disconnected open-source tools."
BrainChip Holdings Ltd. (ASX:BRN) has announced that AI/ML research and technologies firm Quantum Ventura Inc. is using BrainChip's Akida technology to develop new cyber threat-detection tools. The Akida neural processor and AI IP, according to the press release, "can find unknown, repeating patterns in vast amounts of noisy data, which is an asset in cyber threat detection." Specifically, Quantum Ventura is creating state-of-the-art cybersecurity applications for the U.S. Department of Energy under the Small Business Innovation Research (SBIR) Program. Rob Telson, VP of Ecosystems & Partnerships at BrainChip, said:
"This project with the Department of Energy offers an ideal opportunity to demonstrate how Akida opens up new possibilities in cybersecurity, including the ability to run complex AI algorithms at the edge, reducing the dependency on the cloud. We are excited about the progress that Quantum Ventura are making with BrainChip in this project which is extremely vital to the safety of the nation's infrastructure."
Edge AI Market to Reach $76B by the End of 2031
A report published by Transparency Market Research finds that the global market for Edge AI is projected to grow from $5.6 billion USD in 2022 to $76 billion by the end of 2031, registering a compound annual growth rate (CAGR) in the forecast period 2023-31. The following excerpt from the report's summary outlines some key trends impacting the growth of the Edge AI market:
Increase in demand for edge computing solutions and growth in adoption of IoT devices are driving the global edge AI market size. Edge AI is gaining traction in various end-use industries due to the rise in need for real-time decision-making in various processes.
Advancements in machine learning and edge AI processors & software tools are likely to ease the deployment of edge AI solutions in various industries. The edge AI industry is becoming increasingly competitive, with the entry of new companies and presence of well-established players. These companies are developing advanced edge AI solutions that cater to a wide range of industries such as healthcare, manufacturing, retail, and transportation.
Sam Mowers, Investorideas.com
Read and hear other editions of the AI Eye
For a list of artificial intelligence stocks on Investorideas.com visit here
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.
About Investorideas.com - Big Investing Ideas
We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea's original branded content includes the Crypto Corner Podcast, Play by Play Sports Podcast, Cannabis News and Stocks on the Move Podcast, Cleantech and Climate Change Podcast, Exploring Mining Podcast, Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.
The Investorideas.com podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available.
Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Disclosure: podcast sponsor AppTech Payments Corp. (NasdaqCM:APCX) is a paid featured Fintech company on Investorideas.com.
The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Contact Investorideas.com
800 665 0411