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Investing in Artificial Intelligence; A Key Trend for Investors and CIOs in 2017 and Beyond

Investorideas.com, a global news source covering leading sectors including Artificial Intelligence (AI) reports on investing trends in AI in 2017 and moving forward into a future where AI will be a must-have for tech companies.

According to Gartner, Inc., "Analysts predict that by 2020, AI technologies will be virtually pervasive in almost every new software product and service."

In January 2016, the term "artificial intelligence" was not in the top 100 search terms on Gartner.com. By May 2017, the term ranked at No. 7, indicating the popularity of the topic and interest from Gartner clients in understanding how AI can and should be used as part of their digital business strategy. Gartner predicts that by 2020, AI will be a top five investment priority for more than 30 percent of CIOs. (https://www.gartner.com/newsroom/id/3763265)

In a recent report by ETF Database, Artificial Intelligence was a top trend for investors in 2017 due to advancements from stocks like Apple, Amazon Facebook and Google.

They note, "Perhaps the biggest advance in AI this year was the fact that Google's DeepMind won against one of the best Go players in the world. That was not predicted to happen until a few years down the road. The development stirred speculation that Artificial Intelligence could go mainstream and replace a host of jobs much earlier than expected."

This week's Consumer Electronics Show, CES 2018 https://www.ces.tech/ in Las Vegas will showcase some of the newest and hottest innovations in AI and robotics, with several of the companies in the news (below) introducing 'what's next' for 2018 and beyond. For investors wanting to see AI technology at work first-hand this is the place to be.

Recent AI stock news:

On January 8, 2018 - Gopher Protocol Inc., a development-stage company which specializes in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, released a year in review for 2017. As Gopher looks ahead to new opportunities for 2018, management reflects on significant milestones in 2017 that transitioned Gopher to a revenue generating company focused on coupling its sales and marketing infrastructure with its diverse product pipeline.

The review is located on the Company website: http://gopherprotocol.com/investors/

On January 5, 2018 - CEVA, Inc., the leading licensor of signal processing platforms and artificial intelligence processors for smarter, connected devices, announced it unveiled NeuPro, a powerful and specialized Artificial Intelligence (AI) processor family for deep learning inference at the edge. The NeuPro family of processors is designed for smart and connected edge device vendors looking for a streamlined way to quickly take advantage of the significant possibilities that deep neural network technologies offer.

NeuPro is a powerful and specialized Artificial Intelligence (AI) processor family for deep learning inference at the edge. It is designed for edge device vendors looking to quickly take advantage of the significant possibilities that deep neural network technologies offer. NeuPro extends the use of AI beyond machine vision to new edge-based applications including natural language processing, real-time translation, authentication, workflow management, and many other learning-based applications.

Full news http://www.investorideas.com/news/2018/artificial-intelligence/01051NASDAQCEVA.asp

On January 03, 2018 Nuance Communications, Inc. announced new artificial intelligence (AI) powered capabilities for its Dragon Drive automotive platform. Dragon Drive now tightly integrates conversational artificial intelligence with non-verbal modalities such as gaze detection, enabling drivers to get information about and interact with places outside the car simply by looking at them; enhanced interoperability with other assistants, including in the smart home, virtual personal assistants and bots; and Just Talk, the capability to invoke the automotive assistant without pushing a button or using a wake-up word.

Powered by artificial intelligence, Dragon Drive's conversational automotive assistant listens, understands and responds to drivers, and empowers automakers to make the AI-powered connected car experience a reality. Dragon Drive understands and learns the needs and preferences of drivers and passengers over time to provide a personalized experience, including access to entertainment, navigation, points of interest, news feeds, and in-car features such as heating and air conditioning.

On December 21, 2017, Baidu, Inc. and Huawei announced a comprehensive strategic cooperation agreement that spans from artificial intelligence (AI) platforms and technology, to internet services and content ecosystems. The two companies aim to cultivate an open mobile and AI ecosystem built on shared success, while spurring the development of new AI applications and providing global consumers with AI that "knows you better."

For a comprehensive list of publicly traded AI stocks visit:

http://www.investorideas.com/TSS/stock_list.asp#Robotics

Published Tuesday, January 09, 2018 9:58 AM by David Marshall
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