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AI Eye Podcast 657: Stocks discussed: (NYSE: $KEYS) (NasdaqGM: $VERI)

Vancouver, Kelowna, Delta, BC – February 7, 2022 (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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AI Eye Podcast 657: Stocks discussed: (NYSE: $KEYS) (NasdaqGM: $VERI)

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Today’s ColumnThe AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:KEYS) (KSE:066570) (NasdaqGM:VERI)

Keysight Technologies, Inc. (NYSE:KEYS) has announced that it helped LG Electronics (KSE:066570) to “demonstrate a 6G radio frequency (RF) front-end (RFFE) module at the 2021 Korea Science and Technology Exhibition held at the Korea International Exhibition Center (KINTEX) in Ilsan, Korea December 22-24, 2021.” Sun-Woo Lee, Keysight’s President in Korea, explained:

“Keysight is pleased to provide LG Electronics with state-of-the-art 6G measurement equipment, critical in evaluating radio components designed to support future ubiquitous wireless intelligence frameworks. Keysight’s cross-domain expertise and multi-disciplinary capabilities enable early research into 6G, which is expected to be built on terabit communication speeds, artificial intelligence (AI), cloud-native IoT applications, non-terrestrial networks, holographic technology and new end-to-end security paradigms.”

Veritone, Inc. (NasdaqGM:VERI) has been selected as an AI partner in a $249 million Blanket Purchase Agreement (BPA) awarded by the Department of Defense (DoD) Joint Artificial Intelligence Center (JAIC). This will see Veritone’s aiWARE platform leveraged “for Test & Evaluation (T&E) capabilities to accelerate the government’s full spectrum of emerging AI technologies including Machine Learning (ML), Deep Learning (DL), and Neural Networks (NN).” Veritone President Ryan Steelberg commented:

“In addition to our recent successes within the DoD, Veritone aiWARE is gaining tremendous momentum within the civilian agencies too, including our FedRAMP authorization sponsored by the Department of Justice. This award is reflective of both the accelerated pace at which the JAIC is evaluating use cases for AI and Veritone’s ability to provide the most advanced AI-driven platform and tools.”

Global Deep Learning System Software Market to Reach $106.35B by 2028

A report published by Verified Market Research finds that the global Deep Learning System Software market is projected to grow from $6.47 billion USD in 2020 to $106.35 billion by 2028, registering a compound annual growth rate (CAGR) of 41.92 percent in the forecast period 2021-28. An excerpt from the report’s description outlines some trends influencing the market’s growth:

Deep learning technology is undergoing several exciting breakthroughs in a variety of machine learning fields, including reinforcement learning, natural language processing (NLP), machine learning frameworks (Pytorch and TensorFlow), and others. Industrial equipment is becoming smarter, making it more valuable in condition monitoring and predictive assistance. Artificial intelligence and deep learning capabilities have now become extremely important structures, finding their way into the core of embedded systems. As more smart gadgets are launched, embedded AI and deep learning technology improve these devices, making them intelligent.

Sam Mowers, Investorideas.com

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