The AI Eye Podcast: AI Breaking Stock News (NasdaqGS: AMZN) (OTC: BMWYY) (NasdaqGS: MSFT)

The AI Eye Podcast: AI Breaking Stock News (NasdaqGS: AMZN) (OTC: BMWYY) (NasdaqGS: MSFT)

Episode Transcript

(00:00):
Welcome to today's edition of the AIIwatching stock News, Deal Tracker and Advancements
and Artificial Intelligence. Hello everyone,this is Sam Mauers here. Welcome to
the latest episode of the AII podcastfor stock News. Today, AWS has
been selected by BMW for its automateddriving platform, and Microsoft has announced plans

(00:26):
for digital transformation in the UAE withG forty two. Then we're going to
take a look at some projections forthe global AI chips market. But just
before we get into the show,a quick reminder that if you enjoy this
podcast to please feel free to shareit or leave us a review, And
as always, I recommend checking outsome of the other podcasts on investeds dot

(00:48):
com. This includes the Cannabis Podcast, the Cleantech and Climate Change Podcast,
along with many others, all ofwhich will bring you up to speed on
the latest stock news and trads intheir respective spaces. Right So, Amazon
Web Services or AWS, a subsidiaryof Amazon which trades on the NASDAC under

(01:10):
the ticker am z N, hasannounced that BMW Group, trading on the
OTC under the ticker BMWYY, hasselected AWS as its preferred cloud provider for
its automated driving platform. AWS,according to the press release, will be

(01:30):
used to help innovate new features forBMW's next generation of vehicles, the Noyaklasa,
set to launch in twenty twenty five. The system will be cloud based
and will leverage AWS compute, generativeartificial intelligence, Internet of Things, machine
learning, and storage capabilities. NikolaiMartin, the Senior Vice president of Driving

(01:55):
Experience at BMW Group, explained quote, in the next decade, consumer habits
and expectations will drive more changes inthe automotive industry than we've seen over the
past thirty years. This is justthe beginning of a new era of highly
automated driving, fueled by innovations andtechnology and engineering. By collaborating with AWS,

(02:17):
the BMW Group, along with ourpartner Qualcom Technologies, is building our
new automated driving platform on aws's scalable, secure and reliable infrastructure. We're tapping
into aws's ability to help empower thenext generation of BMW's automated driving and parking

(02:38):
functions. End quote. Technology HoldingGroup G forty two and Microsoft, which
trades on the NASDAC under the tickerMSFT, have announced the next phase of
their ongoing strategic collaboration involving a multifastedplan to make available sovereign cloud offerings,

(03:01):
co innovate and deliver advanced AI capabilities, and expand the existing data center infrastructure
in the UAE, of course,the United Arab Emirates. Judson Altoff,
the executive vice president and chief Commercialofficer over at Microsoft, explained, quote

(03:21):
Microsoft's partnership with G forty two willempower customers across the public sector with next
generation AI solutions built on the mosttrusted, comprehensive and integrated cloud platform,
with data privacy, security and complianceas our core priorities. We have a
unique opportunity to help organizations responsibly innovatefor the benefit of citizens and residents across

(03:46):
the UAE. End quote. We'rejust going to pivot away from stock news
here and take a look now ata report published by Allied Market Research,
which finds that the global AI chipmarket is projected to grow from fourteen point
nine billion USD in twenty twenty twoto three hundred eighty three point seven billion

(04:09):
dollars by twenty thirty two, registeringa compound annual growth rate of thirty eight
point two percent in the forecast period. The following excerpt from the report's overview
outlines the various applications of AI chips, which are potential drivers of the market.
AI chips find practical utility across abroad spectrum of industries and applications.

(04:31):
In the realm of autonomous vehicles,they drive tasks such as identifying objects,
merging sensor data, and making decisions, thus bolstering safety and enabling self driving
capabilities. In healthcare, AI chipsare instrumental in analyzing medical images, facilitating
diagnoses from X rays, MRIs,and CT scans. Language related AI functions,

(04:56):
such as voice recognition and language translationo their f fuctionality to AI chips,
leading to advances in virtual assistance andinstantaneous language translation tools. Moreover,
AI chips enhance the efficiency of financialservices by enabling algorithmic trading, fraud detection,
and risk assessment. End quote andthat's it for today's AII. If

(05:23):
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(05:46):
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(06:09):
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