The AI Eye Podcast: Watching A.I. Breaking News (NasdaqGS: AMZN) (NYSE: GETY)

The AI Eye Podcast: Watching A.I. Breaking News (NasdaqGS: AMZN) (NYSE: GETY)

Episode Transcript

(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, Amazon is
collaborating with Anthropic and Getty Images hasannounced its new Generative AI service. Then

(00:26):
we're going to take a look atsome projections for the global autonomous AI and
autonomous agents market. But just beforewe get into the show, a quick
reminder that if you enjoy this podcastto please feel free to share it or
leave us a review. And asalways, I recommend checking out some of
the other podcasts on investor Ideas dotcom as well. This includes the Cannabis

(00:49):
Podcast, the Cleantech and Climate ChangePodcast, and a whole bunch of other
ones. All of them are goingto catch you up on the latest stock
news and trends in their respective spaces. All right, So, Amazon,
which trades on the NASDAC under theticker amz N, has announced a strategic
collaboration with AI safety and research firmAnthropic for a Safer Generative AI to accelerate

(01:15):
the development of the ladders that's Anthropic'sfuture foundation models and make them widely accessible
to AWS customers, AWS, ofcourse being Amazon Web Services. Dario Amode,
the co founder and CEO of Anthropic, explains quote, we are excited
to use aws's Trainium chips to developfuture foundation models. Since announcing our support

(01:41):
of Amazon Bedrock in April, Claudehas seen significant organic adoption from AWS customers.
By significantly expanding our partnership, wecan unlock new possibilities for organizations of
all sizes as they deploy anthropics safestate of the art AI systems together with
aws's leading cloud technology. End quote. Next up, Getty Images Holdings,

(02:07):
Inc. Which trades on the NewYork Stock Exchange under the ticker gety,
has announced the launch of Generative AIby Getty Images, described as a new
tool that pairs the company's best inclass creative content with the latest AI technology
for a commercially safe generative AI tool. According to the press release, this

(02:30):
new service was trained on the stateof the art EDIFI model architecture, which
is part of Navidia Picasso, afoundry for generative AI models for visual design.
Grant Farhall, the Chief Product Officerat Getty Images, explains, quote,
We've listened to customers about the swiftgrowth of generative AI, and have

(02:52):
heard both excitement and hesitation and triedto be intentional around how we developed our
own tool. We've created a servicethat allows brands and marketers to safely embrace
AI and stretch their creative possibilities,while compensating creators for inclusion of their visuals
in the underlying training sets. Endquote. We'll leave stocks there for the

(03:14):
day and take a look now ata report published by Markets and Markets which
finds that the global market for autonomousAI and autonomous agents is projected to grow
from four point eight billion USD intwenty twenty three to about twenty eight point
five billion dollars by twenty twenty eight, registering a compound annual growth rate of

(03:35):
forty three percent in that forecast period. The following excerpt from the report's overview
outlines some key factors influencing the market'sgrowth. Quote. One significant driver for
the rise of autonomous AI and agentsis the increasing number of AI applications across
diverse domains, from healthcare and financeto transportation and manufacturing. AI is being

(04:00):
employed to solve complex problems and optimizeprocesses. These applications leverage advanced algorithms,
machine learning, and data analysis techniquesto extract valuable insights and automate decision making.
As the demand for efficient and intelligentsolutions grow, so does the need
for autonomous AI systems and agents thatcan adapt and operate independently without constant human

(04:26):
intervention. And that's it for today'sAII. If you would like to be
against your sponsor for this podcast,contact Investor Ideas dot Com. Investor Ideas
reminds all listeners to read our disclaimersand disclosures on the Investor Ideas dot com
website, and this podcast is notan endorsement to buy products or services or
securities. Investors are reminded all investmentinvolves risk and possible loss of investment.

(04:54):
To hear more Investor Ideas dot compodcasts, please visit Investor Ideas dot com,
slash audio and a reminder. Youcan also hear our podcasts on Apple
Podcasts, Audible, Spotify, tuneIn, Stitcherspreeker, dot Com, iHeartRadio,
and most audio platforms available. Thispodcast was sponsored by Apptech Payments Corp.

(05:15):
Apptech is an innovative fintech company whosemission is to deliver a better way
for businesses to provide their customers withimmersive commerce experiences.