Vancouver, Kelowna, Delta, BC – February 18, 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 662: Stocks discussed: (NYSE: $A) (NasdaqGS: $IHRT) (NasdaqGM: $VERI)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:A) (NasdaqGS:IHRT) (NasdaqGM:VERI)
Agilent Technologies, Inc. (NYSE:A) has acquired advanced artificial intelligence (AI) technology developed by Virtual Control, described in the press release as “an AI and machine learning software developer that creates innovative analysis solutions in lab testing.” Specifically, Agilent intends to utilize this software for its gas chromatography and mass spectrometry (GS/MS) platforms to “improve the productivity, efficiency and accuracy of high-throughput labs the company serves around the world.” Jacob Thaysen, president, Agilent Life Sciences and Applied Markets Group, said:
“Our acquisition of this advanced technology is just one more example of Agilent’s focus on delivering the insights and innovation our customers can use to provide industry-leading solutions. We’re extremely pleased to be adding these additional capabilities to our product lineup.”
Podcast publishing giant iHeartMedia, Inc. (NasdaqGS:IHRT) has announced that it will leverage a synthetic voice solution from Veritone, Inc. (NasdaqGM:VERI), which “allows celebrities, athletes, influencers, broadcasters, podcasters and other talent across numerous industries to securely create and monetize verified synthetic voices that can be transformed into different languages, dialects, accents and more.” Ryan Steelberg, president of Veritone, said:
“We have worked with the iHeartMedia team for more than four years in various aspects of their business, and we are very excited to collaborate on expanding their podcast audience and unlocking new revenue streams for the broadcast industry leader. iHeartMedia has always been a pioneer of innovation, and now with the power of Veritone’s synthetic voice solution, iHeartMedia will not only be able to scale to new markets with localized language translations but retain the brand value of their top talent’s voice-which is fundamental in podcasting. We are also partnering to develop synthetic voices for advertising and engaging content while reducing time-to-market and production costs for radio, podcasting and the metaverse.”
Global AI in Genomics Market to Reach $5.62B by 2028
A report published by Verified Market Research finds that the global AI in Genomics market will grow from $191.9 million USD in 2020 to $5.62 billion by 2028, registering a compound annual growth rate (CAGR) of 52.6 percent in the forecast period 2021-28. An excerpt from the report’s description outlines some factors influencing the market’s growth:
The need to control drug development and discovery costs and time are fueling the market of Artificial Intelligence In Genomics Market expansion. The increasing public, as well as private investments in AI in genomics, are driving the market growth. The adoption of AI solutions in precision medicine is driving the growth of this market.
Sam Mowers, Investorideas.com
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