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AI Eye Podcast 644: Stocks discussed: (NasdaqGS: AMZN) (NYSE: STLA) (NasdaqGS: CSCO) (NYSE: LMT)
Amazon and Stellantis Announce In-Vehicle Transformation Agreements, and Cisco, Lockheed Martin, and Amazon Team Up for NASA Voice/Video Tech Integration
Point Roberts, WA and Vancouver, BC - January 5, 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 644: Stocks discussed: (NasdaqGS: AMZN) (NYSE: STLA) (NasdaqGS: CSCO) (NYSE: LMT)
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Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:AMZN) (NYSE:STLA) (NasdaqGS:CSCO) (NYSE:LMT) Amazon (NasdaqGS:AMZN ) and automaker and mobility provider Stellantis N.V. (NYSE:STLA ) have announced 'a series of global, multi-year agreements that will transform the in-vehicle experience for millions of Stellantis customers and advance the mobility industry's transition to a sustainable, software-defined future.' Carlos Tavares, CEO of Stellantis, explained:
'Working together with Amazon is an integral part of our capability building roadmap, based on both developing internal competencies and decisive collaborations with tech leaders, and it will bring significant expertise to one of our key technology platforms, STLA SmartCockpit. By leveraging artificial intelligence and cloud solutions, we will transform our vehicles into personalized living spaces and enhance the overall customer experience, making our vehicles the most wanted, most captivating place to be, even when not driving.'
Cisco Systems, Inc. (NasdaqGS:CSCO ), Lockheed Martin (NYSE:LMT ), and Amazon are collaborating to integrate unique human-machine interface technologies into NASA's Orion spacecraft. This will include far-field voice technology, AI and tablet-based video collaboration available to astronauts. Aaron Rubenson, vice president of Amazon Alexa, said:
'The Star Trek computer was part of our original inspiration for Alexa, so it's exciting and humbling to see our vision for ambient intelligence come to life on board Orion. We're proud to be working with Lockheed Martin to push the limits of voice technology and AI, and we hope Alexa's role in the mission helps inspire future scientists, astronauts and engineers who will define this next era of space exploration.'
Global AI in BFSI to Reach $68.23B in 2028
A report published by Emergen Research finds that the global Artificial Intelligence in BFSI (banking, financial services and insurance) market is projected to reach $68.23 billion in 2028, registering a compound annual growth rate (CAGR) of 36.5 percent in the forecast period 2021-28. An excerpt from the market synopsis section of the report outlines the impact of COVID-19:
The market is witnessing a surge in growth due to changing customer expectations resulting from the COVID-19 pandemic and resulting changes in norms and practices. During the first few months of the pandemic, the usage of online and mobile banking channels across various industries increased significantly and is expected to keep growing going ahead. Implementation of social distancing norms has cut down physical visits to banks, and as customers are increasingly using digital banking, their expectations are changing due to premium services provided by some banks. AI helps in understanding the needs of users and suggest services tailor-made specifically for them.
Sam Mowers, Investorideas.com
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