Episode Transcript
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(00:00):
Welcome to today's edition of the AIIwatching stock News, deal Tracker and advancements
in artificial intelligence. Hello everyone,this is Sam Mauers here. Welcome to
the latest episode of the AII podcastfor stock News. Today, Ameta has
announced the availability of Lama two withMicrosoft and predict Medics is bringing contactless AI
(00:27):
solutions to healthcare in India. Thenwe're going to take a look at some
projections for the global embedded AI market. Just before we get into the show,
though, a quick reminder that ifyou enjoy this podcast to please feel
free to share it or leave usa review, And as always, I
recommend checking out some of the otherpodcasts here on invest ideas dot com.
(00:49):
This includes the Cannabis Podcast, theClean Tech and Climate Change Podcast, along
with many others, all of whichwill bring you up to speed on the
latest news and trends in their respectivespaces. Right So, Meta Platforms,
Inc. Trading on the NASDAC underthe ticker m ETA, formerly Facebook,
(01:10):
of course, has announced the availabilityof LAMA two, the next generation of
its open source large language model.Now notably, Meta is making it available
free of charge for research and commercialuse. The company also announced that Microsoft
trading on the NASDAC as MSFT isits preferred partner for Lama two, which
(01:34):
is now available in the Azure AIModel catalog, enabling developers using Microsoft Azure
to build with it and leverage theircloud native tools for content filtering and safety
features. An excerpt from the announcementreads quote, Now with this expanded partnership,
Microsoft and Meta are supporting an openapproach to provide increased access to foundational
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AI technologies to the benefits of businessesglobally and quote. Next up for today,
predict Medics AI, Inc. Whichtrades on the CSE under the TICK
or symbol pmed has announced contactless integrativeAI solutions for healthcare in India. Combining
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computer vision, thermal imaging, predictiveanalytics, and leveraging the power of advanced
AI algorithms, predict Medics aims toenable seamless and efficient healthcare interactions including contactless
temperature screening, symptom analysis, mentalhealth assessments, and substance abuse detection and
(02:45):
more. Rahul Kushwa, the Chiefoperating officer of predict Medics, said,
quote, we are thrilled to introduceour contactless integrative AI solutions to the Indian
healthcare landscape. Our technology represents asignificant leap forward in medical diagnostics and screening.
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By minimizing physical contact, we areprioritizing patient safety while maximizing the efficiency
and effectiveness of healthcare practices. Endquote. We'll pivot away from stock news
here and take a look at areport published by Researching Markets which finds that
the global market for embedded AI isprojected to grow from nine point four billion
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USD in twenty twenty three to eighteenbillion dollars by twenty twenty eight, registering
a compound annual growth rate of fourteenpercent during that forecast period. The report
cites the growing demand for intelligent andautonomous systems for a personalized experience and increasing
advancements in AI and machine learning technologiesfor better and smart decisions as being key
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influences on the market's growth. Thefollowing X from the report's description outlines the
role and utility of embedded AI.Quote. Embedded AI hardware plays a critical
role in the market by providing thenecessary computing power and specialized capabilities to support
AI applications directly on embedded systems.Embedded AI hardware can be customized and integrated
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into specific embedded systems, ensuring seamlesscompatibility and efficient utilization of resources. This
allows hardware vendors and system designers totailor the AI hardware to meet the specific
requirements of the target application, achievingoptimal performance and functionality. End quote and
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that's it for today's AII. Ifyou would like to be a guest or
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(05:08):
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(05:30):
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