Point Roberts, WA and Vancouver, BC – November 15, 2019 (Investorideas.com Newswire) Investorideas.com (www.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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The #AI Eye: GBT (OTCPINK: $GTCH) Implements Avant! AI with Epsilon EDA, IBM (NYSE: $IBM) Announces GRAF Weather Forecasting System
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NYSE:IBM) (NYSE:AYX)
GBT Technologies Inc. (OTCPINK:GTCH) is implementing its Avant! AI technology within Epsilon EDA (Electronic Design Automation) program with the goal of achieving increased reliability for microchips. Avant! AI “will be trained with IC (Integrated Circuit) reliability models, based on physics-of-failure mechanisms”, allowing it to “identify weak spots, predicting potential reliability failures due to physics phenomena”. Danny Rittman, GBT’s CTO, explained:
“We identified the EDA field, a modern domain used to design integrated circuits (ICs), that we believe can significantly benefit from our AI technology. One of the major problems with our today’s advanced chips, is their reliability. If a chip is not going through accurate electrical design for reliability, it can overheat, perform poorly or fail. We are now focused on enabling our analysis and auto-correction program, Epsilon, with the capability of predicting potential inner-chip nets that may overheat, cause poor performance or failure over time. Using our Avant! AI deep learning technology within Epsilon, the program will constantly monitor the chip’s design as it evolves, alerting about potential risks.”
IBM (NYSE:IBM) and subsidiary The Weather Company have announced the supercomputer-driven weather forecasting system known as IBM GRAF, which leverages AI, cloud and analytics to predict weather conditions up to 12 hours in advance with “detail and frequency previously unavailable” on a global scale. Cameron Clayton , head of The Weather Company and general manager of IBM’s Watson Media and Weather, commented:
“We view the launch of IBM GRAF as a true inflection point in forecasting science, where technology helps democratize weather data for the good of society. The enhanced forecasts could be revolutionary for some areas of the world, such as for a rural farmer in India or Kenya . If you’ve never before had access to high-resolution weather data but could now anticipate thunderstorms before they approach your fields, you can better plan for planting or harvesting.”
Alteryx, Inc. (NYSE:AYX) has joined with Arizona State University (ASU) to accelerate Smart City program development in the Phoenix Metro area via advanced analytic solutions. Dean Stoecker, CEO of Alteryx, commented:
“Alteryx has a proven track record of enabling Smart City solutions across the globe and we are proud to partner with an organization equally dedicated to driving remarkable social outcomes. Together, we are putting our powerful analytics platform in the hands of those capable of creating the cities and economies of tomorrow with data science and analytics.”
Asia-Pacific AI Chip Market to Reach $22.27 Billion USD by 2027
Research from Report Linker finds that the Asia Pacific Artificial Intelligence Chip market will grow from $1.03 billion in 2018 to $22.27 billion by 2027 with a compound annual growth rate (CAGR) of 40.9 percent in the forecast period. An excerpt from the report summary reads:
The increase in digitalization, presence of the huge amount of data, and significant adoption of advanced technologies by various industries are the key drivers that are propelling the growth of the AI Chip market. Moreover, the increase in the integration of cloud-based computing across industries and the proliferation of edge devices are expected to boost the AI Chip market growth in the forecast period.
Sam Mowers, Investorideas.com
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