The artificial intelligence boom is already here, and it’s changing life as we know it. JP Morgan analysts believe the market will grow to $58 billion by 2021. The auto industry is using AI to create driverless cars. The financial industry uses it to help organize operations, for bookkeeping, and to help reduce fraud and potential crime. Physicians can use it to identify correct medications based on patient analysis, and can even use it to help identify medical issues before they present themselves. Google and Facebook use it to deliver better advertising to users. That’s just a fraction of how AI is revolutionizing life as we know it. All as global companies race to embrace machine learning, and deep learning that will force computers to perform tasks that typically rely on humans.
Better, Microsoft CEO Satya Nadella says AI is the "defining technology of our times.” As we see advances in AI, some of the top companies to keep an eye on include Datametrex AI Ltd. (TSXV:DM)(OTC:DTMXF), NVIDIA Corporation (NASDAQ:NVDA), IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), and Splunk Inc. (NASDAQ:SPLK).
Datametrex AI Ltd. (TSXV:DM)(OTC:DTMXF) BREAKING NEWS: Datametrex AI Ltd. announced that it has entered into an additional sales agreement for approximately $2.3M with Lotte Home Shopping Co. Ltd., bringing the total sales to $3.3M this year so far. LOTTE Home Shopping operates large retail stores and department stores in various countries like Japan, South Korea, China, and Vietnam.
Datametrex is continuously working with the various divisions of LOTTE as a preferred vendor. Datametrex has demonstrated to be a quality, reliable, and trustworthy partner, with an opportunity to grow within the 934 companies in the LOTTE family.
“At Datametrex, we continue our efforts to facilitate ground-breaking technologies to companies across the globe. We pride ourselves in providing tools that our clients can use to visualize their customer and stakeholder data in order to make predictive analyses, mitigate risk, and improve their bottom line” stated Marshall Gunter, CEO of Datametrex.
Datametrex plans to deliver the contract in August with full payment in September 2020.
Datametrex is also pleased to share that the Company has won a tender from LOTTE Property and Development Co. Ltd. for approximately $100K.
Other related developments from around the markets include:
NVIDIA Corporation (NASDAQ:NVDA) will host a conference call on Wednesday, August 19, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the second quarter of fiscal year 2021, which ended July 26, 2020. The call will be webcast live (in listen-only mode) on www.nvidia.com. The company’s prepared remarks will be followed by a question and answer session, which will be limited to questions from financial analysts and institutional investors. Ahead of the call, NVIDIA will provide written commentary on its second-quarter results from its CFO. This material will be posted to investor.nvidia.com immediately after the company’s results are publicly announced at approximately 1:20 p.m. PT.
IBM (NYSE:IBM) and Workday announced an expanded partnership and the availability of a joint solution to help business and community leaders plan, schedule, and monitor a safe return to the workplace for employees. As organizations begin to address how to prioritize safety in bringing employees back to the workplace, they must consider a myriad of factors, including health, local guidelines, governmental policies, employee sentiment, facility readiness, and personal protective equipment (PPE). Every organization has a unique strategy that must be mapped to their specific facilities and workforce requirements. Together, IBM and Workday are delivering a solution to support and accelerate their customers' return to the workplace by combining planning capabilities with critical employee, community health, and workplace data.
Microsoft (NASDAQ:MSFT) and Standard Chartered Bank announced a three-year strategic partnership to accelerate the bank’s digital transformation through a cloud-first strategy. This partnership marks a significant milestone for Standard Chartered in making its vision for virtual banking, next-generation payments, open banking and banking-as-a-service a reality. Leveraging Azure as a preferred cloud platform, the companies will also co-innovate in open banking and real-time payments to help the bank unlock new banking experiences for clients.
Splunk Inc. (NASDAQ:SPLK) provider of the Data-To-Everything Platform, will report results for its second quarter ended July 31, 2020, on Wednesday, August 26, 2020. Results will be included in a press release with accompanying financial information that will be released after market close and posted on the Splunk Investor Relations website. Splunk’s executive management team will host a conference call beginning at 1:30 p.m. PT (4:30 p.m. ET) to discuss financial results and business highlights. Interested parties may access the call by dialing (866) 501-1535 in the U.S. or (216) 672-5582 from international locations. In addition, a live audio webcast of the conference call will be available on the Splunk Investor Relations website at http://investors.splunk.com.
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Datametrex AI Ltd. by a third party. We own ZERO shares of Datametrex AI Ltd. Please click here for full disclaimer.
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