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July 27, 2023 6 mins
The AI Eye Podcast: Watching AI Breaking News (NYSE: NOW) (NasdaqGS: NVDA) (NYSE: ACN) (NasdaqGS: AMZN)
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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 Mowers here. Welcome to
the latest episode of the AII podcastfor Stock News Today. Service Now,
Navidia and Accenture have teamed up tolaunch AI Lighthouse, and AWS has announced

(00:27):
its aipowered health scribe service. Thenwe're going to take a look at some
projections for the global market for AI. 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 on investradias dot com. This includes

(00:51):
the Cannabis Podcast, the Cleantech andclaimate Change podcast, along with many others,
all of which will bring you upto speed on the late stock news
and trends in their respective spaces.R and SO Service Now Inc. Trading
on the NYC under the ticker nOW, Navidia Corporation, which trades on

(01:11):
the Nasdaq as n VDA, andAccenture, which trades on the NYC under
the ticker ACN, have joined forcesto launch AI at Lighthouse. This is
described as a first of its kindprogram designed to fast track the development and
adoption of enterprise generative AI capabilities.AI Lighthouse brings together a service Now's enterprise

(01:38):
automation platform and engine, Navidia's AIsupercomputing and software, and Accenter's AI Transformation
services to help customers to design,develop, and implement custom generative AI large
Language models or LMS and applications toadvance their businesses. Julie sat the chair

(02:00):
and CEO of Accenture, for instance, said, quote, Generative AI holds
enormous potential for enterprises. It canhelp them reinvent how they work, strengthen
their services, differentiate themselves, andreach new levels of performance. Our expanded
partnership with service now and Navidia willapply our combined experience, expertise and insights

(02:23):
to helping our clients create powerful,relevant and responsible generative AI use cases and
more quickly realize the value of thistransformative technology. End quote next ump Amazon
Web Services or AWS, a subsidiaryof course of Amazon, which trades on

(02:43):
the Nasdaq as am z N,has announced AWS health Scribe at the AWS
Summit in New York today. AWShealth Scribe is described in the press release
as a service that empowers healthcare issoftware providers to build clinical applications using speech

(03:04):
recognition and generative AI to save clinicianstime by generating clinical documentation. Bratan Saha,
the vice president of Machine Learning andArtificial Intelligence Services over at AWS,
comments, quote, our healthcare customersand partners tell us they want to spend
more time creating innovative clinical care andresearch solutions for their patients while spending less

(03:29):
time building, maintaining and operating foundationalhealth data capabilities. That is why AWS
has invested in building a portfolio ofaipowered, high performance and population scale health
applications so that clinicians can spend moretime with the patients during the face to
face or telehealth visits. And quote, We're going to pivot away from stock

(03:54):
news for the day and take alook now at some research this time published
by report Linker, which finds thatthe global market for artificial intelligence is projected
to grow from one hundred and fiftypoint two billion USD in twenty twenty three
to one point three four trillion dollarsby twenty thirty, registering a compound annual

(04:17):
growth rate of thirty six point eightpercent in the forecast period. The following
excerpt from the report's summary outlines someof the various applications of AI that could
drive the market's growth. Quote.Businesses harness the power of artificial intelligence to
streamline job processes and aggregate business dataeffectively. AI utilizes extensive data to recognize

(04:44):
patterns in the users search behaviors,providing them with more pertinent information based on
their specific circumstances. With the continuousadvancement of AI technology and the growing usage
of devices, users can anticipate anincreasingly personalized and customizable experience. End quote

(05:05):
and that's it for today's AII.If you would like to be a guest
or sponsor for this podcast, contactInvestorideas dot Com. Investor Ideas reminds all
listeners to read our disclaimers and disclosureson the investor Ideas dot com website,
and this podcast is not an endorsementto buy products or services or securities.
Investors are reminded all investment involves riskand possible loss of investment. To hear

(05:30):
more Investor Ideas dot Com podcast,please visit Investorideas dot com slash audio and
a reminder you can also hear ourpodcasts on Apple Podcasts. Audible, Spotify,
tune In, Stitcherspreaker, dot Com, iHeartRadio, and most audio platforms
available. This podcast was sponsored byApptech Payments Corp. Apptech is an innovative

(05:54):
fintech company whose mission is to delivera better way for businesses to provide their
customers with immersive commerce experiences.
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