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Today's podcast is sponsored by Fintech Company AppTech Payments Corp. (nasdaqcm:apcx ).
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AI Eye Podcast 758: AI Stocks discussed: (NasdaqGS: BIDU) (NasdaqGM: JG) (NYSE: PERF) SHARE PODCAST:
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Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Aurora Mobile Partners with Baidu, and Perfect Corp. Launches Update to AI Skin Analysis Solution Stocks discussed: (NasdaqGS:BIDU) (NasdaqGM:JG) (NYSE:PERF) Aurora Mobile Limited (nasdaqgm:jg ) has announced that it has become one of the first ecosystem partners of ERNIE Bot, a generative AI chatbot developed by Baidu, Inc. (nasdaqgs:bidu ). This partnership between the two firms will see Aurora 'access ERNIE Bot and apply Baidu's leading intelligent dialogue technology in its customer engagement and marketing technology services.' According to the press release, moving forward, Aurora 'will cooperate with Baidu in related product development, standards formulation, and jointly develop AI-driven solutions to address enterprises' needs in omni-channel user engagement leveraging technology sharing, training and joint marketing.'
Augmented reality (AR) and AI beauty and fashion tech solutions provider Perfect Corp. (nyse:perf ) has announced the launch of a 2023 update to their award-winning AI Skin Analysis solution. Leveraging the latest advancements in AI, AR, and machine learning technology, the update includes new features which offer skin analysis in real time through live video, and 'allows skincare shoppers to receive the most accurate personalized skincare regimen and product recommendations, and offers a downloadable skin report with actionable tips.' Perfect Corp.'s Founder and CEO, Alice Chang, said:
'With personalized experiences becoming increasingly important to consumers, skincare brands need a robust solution to help them deliver the best possible advice. Our improved AI Skin Analysis solution, addresses these consumer needs, and affords brands a comprehensive end-to-end tool that allows their customers to identify their skin issues and find suitable products in a hyper-visual, interactive, and engaging way.'
Global Mobile AI Market to Reach $80.5B by 2030
A report published by market research future finds that the global market for Mobile AI is projected to reach $80.5 billion USD by 2030, registering a compound annual growth rate (CAGR) of 24.25 percent in the forecast period 2022-30. An excerpt from the report summary outlines some factors impacting the market's growth:
Al algorithms use a large amount of data to learn and train the AI models which gives mobile phones an ability to predict the users' behavior and take actions accordingly on their behalf. AI chipsets are being used to increase the computational power of mobile devices and make them run AI-enabled applications.
The increasing demand for on-device AI processing is driving the growth of the mobile AI market. AI-enabled processors help mobile devices to better process machine learning tasks, gain performance, and energy saving features which boost the user experience. This has led to an increase in demand for on-device AI processing.
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. CommerseTM, 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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