by Angela Guess
A recent press release states, “Investorideas.com, a global news source covering leading sectors including artificial Intelligence and robotics issues a sector snapshot and video showcasing companies using the technology, including Amazon.com, Square Capital, Morgan Stanley, HSBC and Gopher Protocol Inc. Apple co-founder Steve Wozniak also discusses the history and future of AI at Money20/20 and how he views the current state of the technology including self-driving cars (Tesla Motors). According to CBinsights.com over $15B has been poured into AI companies in the last 5 years. All the big companies are investing in AI and machine learning technology as a path to the future; Apple, Google, IBM, Intel, Microsoft, NVidia, Qualcomm, Tesla Motors, Square and Amazon are amid an ever-growing list of players.”
The release goes on, “Research and Markets says ‘The global artificial intelligence market is expected to reach USD 35,870.0 million by 2025 from its direct revenue sources, growing at a CAGR of 57.2% from 2017 to 2025, whereas it is expected to garner around USD 58,975.4 million by 2025 from its enabled revenue arenas. The North American region is expected to dominate the industry due to the availability of high government funding, the presence of leading players, and strong technical base.’ The Investor Ideas video creates a glimpse into the future of AI with thoughts from Steve Wozniak, Amazon, Square, Morgan Stanley and HSBC. There is also a recently released video from emerging IoT company Gopher Protocol Inc., that is using artificial intelligence (AI) to create what is believed to be the world’s first ‘Smart Drone.’ Watch the Video: Follow the money in AI and Robotics – https://www.youtube.com/watch?v=9r7zOVAXwjg”
Read more at Marketwired.
Photo credit: Investor Ideas