Shares discussed: (NasdaqGS: NVDA) (OTC: AEXAY) (NYSE: HPE)

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Point Roberts, WA and Vancouver, BC – November 15, 2021 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global source of investor news covering artificial intelligence (AI) brings you the today’s edition of The AI ​​Eye – watch stock market news, trade tracking and artificial intelligence advancements.

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AI Eye Podcast 626: Shares Discussed: (NasdaqGS: NVDA) (OTC: AEXAY) (NYSE: HPE)

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Shares discussed: (NasdaqGS: NVDA) (OTC: AEXAY) (NYSE: HPE)

NVIDIA Corporation (NasdaqGS: NVDA) and the IT multinational Atos (OTC: AEXAY) have announcement the Excellence AI Lab (EXAIL), which “brings together scientists and researchers to help advance European computer technologies, education and research”. According to the press release, EXAIL’s five main areas of focus will be: climate research, health and genomics, hybridization with quantum computing, artificial intelligence / computer vision and cybersecurity. On climate change, NVIDIA Vice President and General Manager of Accelerated Computing Ian Buck said:

“Climate change is intensifying and increasing the frequency of extreme weather events that disrupt entire regions, costing governments and economies hundreds of billions every year. EXAIL’s goal is to advance research vital to addressing pressing global challenges related to climate change. “

Hewlett Packard Enterprise Company (NYSE: HPE) is building a new supercomputer for the installation and operation of the French high performance computing center (HPC) CINES (National Computing Center for Higher Education). The supercomputer was purchased by GENCI, a French national agency that invests and provides HPC resources to support the academic and industrial research communities of France. Called ‘Adastra’, the supercomputer will combine ‘vastly advanced capabilities in modeling, simulation, AI, machine learning and analysis’ and’ help scientists and researchers harness knowledge faster, with more precision, to advance research targeting key areas. Justin Hotard, senior vice president and general manager, HPC and AI, at HPE, said:

“We are honored to have been selected by GENCI, which enables some of the world’s leading research centers to deliver advanced high performance computing (HPC) and AI solutions using exascale era technologies to support France’s R&D efforts. The design of the Adastra supercomputer is the result of close collaboration between GENCI, CINES, HPE and AMD to provide a specialized and high-performance system for exploiting larger data sets, in particular by optimizing the needs in AI and machine learning, to accelerate discovery and innovation at a faster rate. “

Global AI market to reach $ 641.3 billion by 2028

A report published by Verified market research finds that the global artificial intelligence market is expected to grow from $ 51.08 billion in 2020 to $ 641.3 billion by 2028 with a compound annual growth rate (CAGR) of 36.1% over the course of the forecast period 2021-2028. The following excerpt from the report description describes the factors influencing the growth of the market:

Growing applications and easy modes of deployment have drawn governments’ attention to AI technology, which has led to increasing government investment in AI and its related technologies. In addition, advances in deep learning and artificial neural networks (ANN) have also fueled the adoption of artificial intelligence (AI) in several industries, such as aerospace, healthcare, manufacturing and the automobile. In addition, the growing demand for analysis and interpretation of large amounts of data is driving the demand for artificial intelligence industry solutions.

Sam Mowers, Investorideas.com

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