Episode Transcript
Welcome to today's edition of the AIIwatching stock News, deal Tracker and advancements
in Artificial Intelligence. Hello everyone,this is samers here. Welcome to the
latest episode of the AII podcast forstock News. Today, Adobe has announced
the commercial release of Firefly, andSalesforce has introduced the next generation of its
(00:26):
Einstein AI tech. Then we're goingto take a look at some projections for
the global market of AI in fintech. But just before we get into the
show today, a quick reminder thatif you 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 Investidas dot com. This includes
(00:51):
the Cannabis Podcast, the Cleantech andClimate Change Podcast, along with many others,
all of which we'll bring you upto speed on the la to stock
news and trends in their respective spaces. Right So, Adobe Inc. Trading
on the NASDAC under the ticker symbola DBE, has announced the commercial release
(01:12):
of Firefly. This is its familyof creative generative AI models. This release
includes a new Firefly web application,which is described as a playground for exploring
AI assisted creative expression. David Wadwani, the President of Digital Media Business over
(01:34):
it Adobe, said quote. Withover two billion images generated during the beta,
Adobe Firefly is ushering in a newera of creative expression for customers across
every segment. Firefly's breathtaking capabilities,combined with the rich tooling of our creative
cloud apps, Express, the FireflyWeb App and Adobe Experience Cloud give creators
(01:59):
an unpalled opportunity to work with generativeAI in new, rich and productive ways.
End quote. Next up, Salesforce, Inc. Which trades on the
NYSE under the ticker CRM, isintroduced the next generation of its AI technology,
Einstein. This latest release includes EinsteinCopilot, described as a new generative
(02:24):
AI powered conversational assistant for every Salesforceapplication, which itself includes the Einstein Trust
Layer, which protects sensitive data whileletting companies use their trusted data to improve
generative AI responses. Mark Benioff,the company's chair and CEO, said quote,
(02:46):
the reality is every company will goundergo rather an AI transformation to increase
productivity, drive efficiency, and deliverincredible customer and employee experiences. With Einstein
Plot and Data Cloud, We're makingit easy to create powerful AI assistance and
infuse trusted AI into the flow ofwork across every job, business, and
(03:09):
industry. In this new world,everyone can now be an Einstein end quote.
We'll leave stocks there for the dayand take a look now at a
report published by Researching Markets finding thatthe global AI in fintech market is projected
to grow from eleven point five ninebillion USD in twenty twenty three to thirty
(03:34):
one point seven one billion dollars bytwenty twenty seven, registering a compound annual
growth rate of twenty eight point sixpercent in that same forecast period. The
following excerpt from the report's description outlinessome of the key factors influencing this market's
growth. Quote. The need forfraud detection in fintech or financial institutions is
(04:00):
attributing to the growth of AI inthe fintech market. AI or machine learning
algorithms, can learn new information fromthe data collected. The more data that
AI manipulates, the more AI canbe learned and banks can gain deeper insights
with AI technology. The biggest advantageof AI is that over time, the
(04:20):
algorithm builds on collecting more data andlearning more about how to use it.
End quote. And that's it fortoday's aii. If you would like to
be a guest or sponsor for thispodcast, contact Investor Ideas dot Com.
Investor Ideas reminds all listeners to readour disclaimers and disclosures on the Investor Ideas
(04:41):
dot com website, and this podcastis not an endorsement to buy products or
services or securities. Investors are remindedall investment involves risk and possible loss of
investment. To hear more Investor Ideasdot Com podcast, please visit Investorideas dot
com, Slash Audio, and IDA. You can also hear our podcasts on
Apple Podcasts, Audible, Spotify,tune In, Stitcherspreeker, dot Com,
(05:05):
iHeartRadio, and most audio platforms available. This podcast was sponsored by Apptech Payments
Corp. Apptech is an innovative fintechcompany whose mission is to deliver a better
way for businesses to provide their customerswith immersive commerce experiences.
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